Stocks rise as US inflation cools, tech stocks bounce
Market Intelligence Analysis
AI-PoweredUS stocks rose on Thursday due to lower inflation rates, while tech stocks also rebounded, but Asian markets declined following a Wall Street sell-off.
Market impact analysis based on bullish sentiment with 78% confidence.
Article Context
Equity markets climbed on Thursday as investors welcomed cool US inflation data and tech stocks bounced.Asian stock markets mostly sank Thursday after Wednesday's sell-off on Wall Street as worries over the tech sector's colossal spending on artificial intelligence continued to dog investor sentiment.
Analysis and insights provided by AnalystMarkets AI.