Cadi Poon
02-09 22:39
Major U.S. equity indexes finished a volatile week mixed, as large-cap technology stocks suffered their worst week since November while small-cap and value-oriented stocks added to their year-to-date gains. Worries about the disruptive potential of artificial intelligence (AI), as well as concerns regarding potential overinvestment in the technology, weighed on many of the high-growth stocks that have outperformed in recent years. In contrast, some cyclical and value-oriented segments outperformed as investors seemed to rotate into the areas that have lagged firms with more AI exposure. Corporate earnings and geopolitical tensions also appeared to contribute to the week’s volatility.
💰Stocks to watch today?(11 Feb)
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