BloombergLean L·
AI Stocks Drive an Increasingly Divided Market
Schwab Head of Macro Research and Strategy Kevin Gordon tells Bloomberg This Weekend that AI-related technology stocks are supporting the broader market even as many individual companies have suffered significantly larger declines, highlighting increasingly narrow market leadership. Speaking with hosts David Gura and Christina Ruffini, Gordon says a gradual Federal Reserve tightening cycle and a labor market that avoids widespread layoffs could support stocks, while investors are increasingly f…
Read at Bloomberg →
