#RiskAssetsMarketShock
Big tech stocks were dumped by investors as they reacted to the sector’s plans to spend a combined $660bn this year on artificial intelligence. On Thursday the tech-heavy nasdaq index slid by 1.6%; the s&p 500 fell by 1.2%. Software stocks extended their fall after Anthropic launched an updated version of its Claude model that is designed to carry out financial research.
#MarketCorrection #WarshFedPolicyOutlook #ADPDataDisappoints
Is it another sign of crypto market decline ?
Yes
0%
Not sure
0%
Waiting for pullback
100%
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