Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 22, 2024. REUTERS/Brendan McDermid/File Photo
NEW YORK (Reuters) -BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth more broadly, although rising U.S. government debt levels could threaten its upbeat 2025 forecasts.
Innovations in AI technology will likely benefit U.S. stocks more than their European peers, while private markets will increasingly play a key role in financing AI-related infrastructure, the BlackRock Investment Institute, a research arm of the world's largest asset manager, said on Wednesday.
