Photo: The New York Stock Exchange building (file image)
Business & FinanceWall Street rallies after Democratic midterm sweep as Dow jumps more than 1,300 points
US stocks surged on November 4 as investors welcomed the end of midterm uncertainty, with the Dow rising about 2.5 per cent, even as data-centre and AI-linked shares came under pressure over tighter regulation fears.
Photo: The New York Stock Exchange building
Business & FinanceUS stocks rebound on Monday as oil slides sharply on Iran diplomacy hopes, recovering part of Friday's tech sell-off
US stocks rose on Monday, with the Dow up about 490 to 547 points intraday and the S&P 500 and Nasdaq also higher, as Brent crude fell about 6 per cent on hopes of progress in talks over Iran.
Photo: The New York Stock Exchange building in New York
Business & FinanceWall Street sell-off deepens as AI spending fears wipe billions off tech shares on Friday
The Nasdaq fell more than 3.8% and the S&P 500 dropped 2.5% on Friday in their worst day since June, as investors punished big technology companies over the returns on their enormous artificial intelligence spending.