U.S. stocks fell, with tech leading the losses, as another bout of jitters rippled through global markets.
Bonds might be regaining their "safe-haven" status in case of a stock market crash.
Goldman Sachs said this week there are plenty of top tech companies to buy heading into their quarterly results.
The Nasdaq Composite and S&P 500 closed sharply lower Thursday as tech stocks sold off. Meanwhile, Treasury yields dropped as investors sought the safety of government bonds.
The Nasdaq and S&P 500 slid, while the Dow was flat, on Thursday after Meta earnings reignited AI trade panic. Investors rotated into more defensive areas of the market.
Hard-drive maker Western Digital is slated to publish its fiscal first-quarter results after the closing bell .
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Tech stocks fall on AI concerns
Plus, Meta shares fall after it discloses further spending commitments and Treasury yields drop below 5%.
Warren Buffett has carefully chosen how Berkshire Hathaway is positioned for the artificial intelligence (AI) revolution.
Tech stocks plunged, led by a steep drop in South Korea’s benchmark index, as concerns over soaring A.I. spending and ...
Nasdaq leads stock losses ...
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