Stock Markets Plunge, AI Stocks Hit Hard
Update: 2025-12-18
Description
Stock markets experienced a downturn on Wednesday, with AI infrastructure stocks and chip makers leading the decline. Energy producers, however, bucked the trend, rising after former President Trumps announcement about a potential oil blockade on Venezuela. Federal Reserve Governor Christopher Waller offered dovish comments, suggesting a potential gradual lowering of interest rates. Meanwhile, Atlanta Fed President Raphael Bostic provided a more hawkish perspective, focusing on solid GDP growth and inflation concerns. This weeks market focus will be on upcoming US economic news, including initial unemployment claims, Consumer Price Index, and existing home sales.
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