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MARKETS LIVE BLOG:

STOCK FUTURES STALL WITH FED AND GOOGLE BREAKUP IN FOCUS

Shares of Alphabet slip in premarket trading, after rising in a broader tech rebound Tuesday

These 2 AI Stocks Are in a High-Stakes Cage Match Right Now

Dan Caplinger, The Motley Fool
·3 min read
These 2 AI Stocks Are in a High-Stakes Cage Match Right Now

Stock markets continued to react Thursday morning to the latest news from the Federal Reserve the previous day, and investors didn't seem to feel comfortable with the likely future direction of monetary policy. With the Fed reaffirming its commitment to fighting inflation, interest rates could remain higher for longer than originally expected, and key parts of the stock market are having trouble with that environment. Futures on major market benchmarks were down as much as 1% Thursday morning, adding to Wednesday's losses.

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