Fears that stocks are in an "AI bubble" have kept Wall Street on edge, with the benchmark S&P 500 up 14% year-to-date and 35% since its low for the year in April. — Reuters
NEW YORK: Investors will seek clues about the health of the US economy in the coming week following worrisome labor market reports and technology-led turbulence that has knocked the stock market off record highs.
The S&P 500 ended on Friday with a weekly decline after three straight weeks of gains. The benchmark index was last down about 2.4% from its all-time closing peak on October 28 even after a generally strong third-quarter earnings season for large US companies.
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