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Stock market today: Dow slides 500 points, S&P 500 notches 4th day of losses as Nvidia earnings loom
US stocks retreated on Tuesday as worries about an AI bubble and the broader US economy continued to set markets on edge, with a pivotal Nvidia earnings report and shutdown-delaye
The seemingly sturdy U.S. stock market has begun to wobble. Its months-long tech-driven rally may be running out of steam amid broader uncertainty about the U.S. economy’s outlook.
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Michael Hartnett, Chief Investment Strategist at BofA Merrill Lynch Global Research, sees stocks maintaining their momentum into the spring, with support from the Fed, Trump administration, and dip-buyers.
Target's third‑quarter results on Wednesday are expected to lay bare the retailer’s struggles amid mounting economic uncertainty, and as cash-strapped Americans slashed discretionary spending during the prolonged government shutdown.
Difference between accounts: The money market account earns $10.42 more.
"Past innovation-driven booms—like the 1920s and in the 1990s—have led the market to overpay for future profits even though the underlying innovations were real."
Kevin Hassett said that AI could be causing the the recent softness in the job market as growing productivity lowers the demand for more headcount.