📉 **Finance update: Investors are rotating out of AI—and today’s Fed decision could set the market’s next direction.**
Wall Street finished Tuesday with sharply divided results:
• The Dow gained 1%, supported by strong corporate earnings.
• The S&P 500 added 0.2%.
• The Nasdaq slipped 0.2% as semiconductor and other AI-related stocks continued to fall.
• South Korea’s Kospi plunged nearly 11% amid the global technology selloff.
At the same time, Brent crude retreated toward $82 a barrel after trading above $100 last week. Lower oil prices helped ease inflation concerns and pushed the 10-year Treasury yield toward 4.60%.
The next major catalyst arrives today: the Federal Reserve is scheduled to announce its interest-rate decision at 2:00 p.m. ET, followed by a press conference at 2:30 p.m. ET.
The bigger story may be the market’s changing leadership. Investors appear to be questioning expensive AI valuations and moving toward previously overlooked sectors, smaller companies and businesses delivering tangible earnings growth.
What to watch next: the Fed’s inflation outlook, bond yields and whether upcoming Big Tech earnings can restore confidence in AI spending.
#Finance #StockMarket #Investing #FederalReserve #AI #Economy #MarketNews
Wall Street finished Tuesday with sharply divided results:
• The Dow gained 1%, supported by strong corporate earnings.
• The S&P 500 added 0.2%.
• The Nasdaq slipped 0.2% as semiconductor and other AI-related stocks continued to fall.
• South Korea’s Kospi plunged nearly 11% amid the global technology selloff.
At the same time, Brent crude retreated toward $82 a barrel after trading above $100 last week. Lower oil prices helped ease inflation concerns and pushed the 10-year Treasury yield toward 4.60%.
The next major catalyst arrives today: the Federal Reserve is scheduled to announce its interest-rate decision at 2:00 p.m. ET, followed by a press conference at 2:30 p.m. ET.
The bigger story may be the market’s changing leadership. Investors appear to be questioning expensive AI valuations and moving toward previously overlooked sectors, smaller companies and businesses delivering tangible earnings growth.
What to watch next: the Fed’s inflation outlook, bond yields and whether upcoming Big Tech earnings can restore confidence in AI spending.
#Finance #StockMarket #Investing #FederalReserve #AI #Economy #MarketNews
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