Stocks Waver on Weak Jobs Data; Microsoft Drags Tech Lower
US stocks were mixed early Wednesday as a drop in payrolls last month stoked bets that the Federal Reserve will cut rates again next week. Tech stocks were dragged down...
By Natalia Kniazhevich · Bloomberg Markets
US stocks were mixed early Wednesday as a drop in payrolls last month stoked bets that the Federal Reserve will cut rates again next week. Tech stocks were dragged down by a report that Microsoft Corp. dialed back expectations for artificial-intelligence demand.