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The Marked Chart Wire · Markets
Dow
The Dow Jones Industrial Average recorded its strongest session in more than a month. U.S. producer prices rose 6.3% in September, the highest level since 2022.
AI Stocks
The tech-heavy index dropped 0.8 percent this week, falling 7.3 percent from its monthly high. Bond buying pushed the 10-year yield under 5 percent, while Meta shares slid over 9 percent on infrastructure cost worries.
AI Spending
Tech shares fell on concerns about artificial intelligence spending. Gene Munster maintains the AI revolution is in its early stages and expects Meta to reshape commerce.
Markets
The S&P 500 fell 1.5 percent and the Nasdaq 100 lost 3.1 percent amid rising oil prices. Meta shares dropped 7.6 percent on worries about artificial intelligence costs.
Credit Risk
Credit risk measures for Meta and Tesla reached new highs. The moves followed reports of higher spending plans at Meta and lower spending plans at Tesla.
Market Futures
U.S. stock futures declined on Thursday following a sell-off in Asian markets and rising tensions in the Middle East. Netflix, SpaceX and Super Micro Computer were among the stocks in focus.
AI Spending
Tech stocks declined as investors questioned the return on artificial intelligence infrastructure spending, marking the index's weakest session in four months.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.