Economic TimesLean R·
US stocks fall at open on tech selloff as concerns about hawkish Fed, AI spending mount
Indian markets opened on a subdued note Tuesday, mirroring global trends. Major indices saw a dip as investors grew cautious about the Federal Reserve's potential hawkish stance. Concerns over escalating debt-fueled spending on artificial intelligence also weighed on sentiment, particularly impacting technology and semiconductor stocks. This cautious approach signals a watchful period for investors.
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