Market Volatility Ahead: AI & Rate Cuts Uncertainty
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Lunedì
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Stock market investors face a tumultuous end to the year, with uncertainty around potential interest rate cuts and overvalued AI companies causing a significant slide. The S&P five hundred and Nasdaq Composite have dropped four percent and seven percent respectively from their record highs. Volatility has surged, with the Cboe Volatility Index remaining above twenty, indicating ongoing investor anxiety. This pullback, after a thirty-eight percent surge since April, marks a resetting of high expectations and a period of increased doubt.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
