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The Marked Chart Wire · Markets
Defensive Rotation
The consumer staples exchange-traded fund reached an all-time high, marking its strongest monthly performance since 1998 as market participants moved toward defensive positions.
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Sector Rotation
Defensive sectors led gains Friday, with the Nasdaq-100 dropping 2.7 percent. Regeneron jumped 12 percent after reporting strong third-quarter results.
AI Spending
Goldman Sachs expects earnings growth for the S&P 500 to decelerate as momentum in AI spending fades.
Alphabet
Alphabet shares experienced a historic decline, resulting in a $505 billion loss in market value. The drop removed the company from the $4 trillion valuation club.
HotMidterm Elections
Technology shares drove another decline in the stock market. Investors are taking a defensive stance ahead of the midterm elections and upcoming data on Apple, Palantir and jobs.
AI Spending
The Nasdaq Composite declined by more than 5 percent during October as investors grew worried about the scale of capital expenditure by major technology firms on artificial intelligence.
Markets
Major stock indexes have risen during Trump's term, supported by ai data center construction, but bond markets suggest a more cautious outlook for investors.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.