Chip index posts longest losing streak since 2008 as AI worries deepen
The Philadelphia Semiconductor Index fell for an eighth straight session on Friday, its longest losing streak since October 2008. Concerns…
Indices News
News about stock market indices (S&P 500, Nasdaq, Dow Jones, etc.)
S&P 500 posts worst week since June as tech slumps while most stocks gain
A slump in technology stocks dragged the S&P 500 to its worst week since June. Most stocks in the index…
AI selloff hits global hedge funds, with Asia-focused managers losing most
Global hedge funds lost money this week as AI bets unwound, according to Goldman Sachs. Asia-focused funds took the heaviest…
VIX tops 22 for first time in four months as traders buy November calls
The Cboe Volatility Index rose above 22 for the first time in four months as AI-related stocks sold off. Options…
Nasdaq 100 heads for biggest weekly drop since April 2025 tariff announcement
The Nasdaq 100 is on course for its biggest weekly drop since the April 2025 tariff announcement, as concerns over…
