Supreme Court stands up to Trump on emergency tariffs
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US stocks slid on Friday as investors digested data showing US economic growth cooled to end last year, while a Federal Reserve-favored inflation gauge heated up. Wall Street also kept an eye out for US-Iran tensions,
Major indexes have mostly been treading water for months, as investors’ exuberance for artificial intelligence wears off.
By Lewis Krauskopf NEW YORK, Feb 20 (Reuters) - Investors turn to financial results from artificial intelligence bellwether Nvidia Corp in the coming week to steady a U.S. stock market that has been rocked by AI-related worries.
Traders will be watching for a gross domestic product reading, a key inflation report and a potential Supreme Court ruling on tariffs.
This fund has an unusual approach for setting its portfolio of stocks once a year and letting it ride.
Kosmos Energy rallied after Ghana extended its key offshore licenses through 2040 and the company outlined a 20-well drilling expansion.
Bearish investors fell to 36.9%, down from 38.1% last week, while bulls slumped to 34.5% from 38.5% last week. Those investors who are neutral on the six-month outlook for stocks jumped to 28.5% of those surveyed from 23.3% last week.
Wall Street ended lower on Thursday, with losses in private equity companies and weakness in Walmart and Apple, while earnings-driven gains in industrials limited losses. The Nasdaq declined 0.31% to 22,