BREAKING
Stocks Slip as AI Rally Faces Scrutiny
Indexes Edge Lower on July 16
S&P 500 fut
0.1
Nasdaq 100 fut
0.5
Stoxx 600
0.5
0
%
TSMC ADR drop
Rotation Within Market Leaders
Lagging
Chips
●
Chipmakers broadly slipped
●
Valuations seen as stretched
Holding Up
Software
●
Alphabet relatively resilient
●
Software drew buying interest
0
$
Brent crude/bbl
0
%
10-yr Treasury
Do Valuations Price In AI Payoff?
AI NEWS BLITZ
US and European stocks slipped as investors took a harder look at the AI-driven rally.