Wall Street Takes Breather Amid AI Enthusiasm Cooling Down
Tech stocks have been under pressure this week as investors adjusted their portfolios after a strong summer rally. The Nasdaq Composite fell 0.67% on Wednesday, while the broader S&P 500 dropped 0.24%. The decline comes despite tech-heavy stocks having steadily rallied in recent months, lifting the indices to record highs. Investors are taking a wait-and-see … Read more