U.S. Stocks Pull Back From Record Highs as AI-Led Tech Rout Weighs on Markets
U.S. stocks pulled back to all-time highs at the close of last week, with a sudden decline in technology stocks, spearheaded by Broadcom, sending the major indexes down and rekindling fears of overvalued dealings in the artificial intelligence trade. Even with robust corporate performance and encouraging long-term projections, the pullback occurred as the investor rhythm … Read more