S&P 500 and Nasdaq Set for Steep Weekly Losses as AI Jitters Weigh
The S&P 500 information technology index fell 1.5% on Friday, with technology stocks under pressure as concerns about the AI trade added to losses. The S&P 500 and Nasdaq were set to finish the week lower.
The benchmark S&P 500 and Nasdaq were on course to finish the week lower, as technology shares came under further pressure Friday amid concerns about the AI trade, extending their losses. The S&P 500 information technology index SP:S5INFT dropped 1.5%, the biggest…