Wall Street’s Rate Shock Spreads Beneath AI-Fueled Market Rally
The AI-fueled resilience of the world’s most-watched stock indexes is masking a widening retreat across financial markets, as elevated oil prices and borrowing costs take their toll.
By Vildana Hajric and Lu Wang · Bloomberg Markets
The AI-fueled resilience of the world’s most-watched stock indexes is masking a widening retreat across financial markets, as elevated oil prices and borrowing costs take their toll.