Financial Sector

industry

Last mentioned: 3d ago

Timeline

  1. Intraday Lows

    Tech-heavy indices hit their session lows, dropping as much as 1.5%.

  2. Market Open

    Equities open lower as AI-related skepticism triggers a selloff in major tech names.

  3. Market Close

    Major indices finish with modest gains as tech shares complete a full recovery.

  4. Sector Rotation

    Financial stocks and cruise lines begin to rally, providing a floor for the S&P 500.

Stories mentioning Financial Sector 1

Markets Neutral

Tech Rebound and Financial Strength Lift Wall Street Amid AI Volatility

U.S. equities staged a late-session recovery on Tuesday as technology shares bounced back from early losses triggered by AI-related concerns. Supported by a robust financial sector and speculative interest in cruise lines, the Dow and S&P 500 managed modest gains while investors weighed upcoming inflation data.

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