Wall Street equities dip as AI jitters offset GDP data
Wall Street equities dropped as artificial intelligence sector concerns offset strong economic growth data. Treasury yields fell following reports of solid third quarter GDP growth and a Federal Reserve rate hold. Meanwhile, European stocks rallied as the ECB paused its interest rate hikes.
Xurve View
Insights:
Xurve View
Wall Street equity indexes dropped during Thursday's afternoon session as artificial intelligence spending jitters offset stronger-than-expected third-quarter economic growth.
