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AI stocks bounce back after $2.5 trillion wipeout, but questions remain

Egypt IndependentUnited States of America

An AI-driven stock sell-off that wiped roughly $2.5 trillion in market value off Wall Street eased on Friday, but only after hitting Asian and European markets hard. US tech stocks staged a modest rebound, with the Nasdaq and S&P 500 rising 1.1 percent and 0.3 percent, respectively. The Dow, meanwhile, fell roughly 0.5 percent. Markets … The post AI stocks bounce back after $2.5 trillion wipeout, but questions remain appeared first on Egypt Independent.

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