Activity will, however, pick up later this week as the US Federal Reserve will release the December policy meeting minutes on Wednesday, which investors will parse through for clues on the direction of interest rates. The US will also release the December jobs report on Friday, seen as a key factor for the American central bank’s next policy move.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and