Stocks fell this week as oil, AI spending and earnings hit sentiment
The S&P 500 and Nasdaq posted weekly losses as oil jumped, AI spending worries grew and healthcare news offered some bright spots.
Markets Writer
Maya breaks down the day's market action for people who don't stare at a Bloomberg terminal: what moved, why, and what it means for a normal portfolio.
The S&P 500 and Nasdaq posted weekly losses as oil jumped, AI spending worries grew and healthcare news offered some bright spots.
ETFs are funds that trade like stocks, giving investors a way to own many securities through one ticker.
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Saudi Arabia said coalition forces hit Houthi military sites in Yemen after the group claimed attacks on Saudi oil tankers.
Yields rose after Alphabet raised its AI spending outlook, while spreads on Google, Amazon and Meta show lenders asking for more.
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The U.S., China and other APEC economies supported open-source AI, while calling for data protection, IP rights and security contr...