EconomyUS tech stocks rebound after AI spending selloff spooks investors
US tech stocks recovered on Tuesday afternoon after investors were rattled by a selloff over AI spending. The midterms appeared to have little effect on Wall Street, although anticipated Democratic gains could bring more AI regulation. The Nasdaq and S&P 500 ended higher, while the Dow fell; lower oil prices also eased pressure on investors.
US tech stocks rebound after AI spending selloff spooks investors
Economy