Earnings and AI fears drive ‘extreme’ churn in US stock market
Gap between large moves in individual equities and subdued index performance hits highest since global financial crisis
Related reading
US stocks slide as investors fret over high valuations for AI companies
Cautious comments from top bank executives add to jittery sentiment on Wall Street
US stocks slide as tech jitters return
Weak private sector jobs data adds to nerves over elevated valuations for AI-linked companies
Investors pour record sums into European stocks
Inflows on track for all-time high in February as global fund managers seek alternatives to expensive US tech shares
US stocks fall as software sell-off reignites
Private capital groups also suffer steep losses
Tech rally powers US stocks to best month since 2020
Strong earnings and AI spending plans help investors shrug off fallout from Middle East conflict
Tech stocks rally strongly after three days of heavy selling
Nasdaq climbs after sell-off fuelled by worries over vast AI spending