US Stocks Slide as Tech Valuations, Labor Market Draw Fresh Concern
The rally in US equities stalled Tuesday morning as large-cap AI-related stocks fell with too-lofty valuations in focus and traders parsed data showing more weakening in the labor market.
By Geoffrey Morgan · Bloomberg Markets
The rally in US equities stalled Tuesday morning as large-cap AI-related stocks fell with too-lofty valuations in focus and traders parsed data showing more weakening in the labor market.