Markets: 'Boring' can still be good as tech comes under pressure
Market Intelligence Analysis
AI-PoweredThe Dow Jones Industrial Average closed higher while the Nasdaq Composite and S&P 500 declined due to sell-offs in tech and software stocks, with experts attributing this to AI concerns.
Market impact analysis based on neutral sentiment with 70% confidence.
Article Context
The Dow Jones Industrial Average (^DJI) closed Wednesday's session higher while the sell-off in tech and software stocks dragged the Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) lower. EP Wealth Advisors managing director of investments Adam Phillips talks about the current environment as stocks appear spooked by AI concerns, explaining that sometimes "boring" trading days can still be good. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime.
Analysis and insights provided by AnalystMarkets AI.