NEW YORK: Turbulence in technology stocks could ratchet higher this week as investors react to the quarterly report from Nvidia Corp, the world’s largest company by market value that is at the heart of Wall Street’s artificial intelligence (AI) trade.
Showing a steadier tone by last Friday, the benchmark S&P 500 equity index ended a volatile few days about flat on the week. Strength in the first three days yielded to a sell-off last Thursday as uncertainty about the economic outlook and path for US interest rates undercut optimism over the end of the longest-ever US government shutdown.
