US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earnings

April 28, 2026

U.S. stocks retreated from record highs as concerns over the AI boom and OpenAI’s performance weighed on tech shares. Investors are anticipating quarterly results from major AI firms, while the Federal Reserve’s stance on inflation amid soaring crude prices remains a key focus.

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Corporates temper bond issues with yields on rise now

Corporate borrowing costs are rising again after a brief dip in mid-April, driven by concerns over the West Asia conflict impacting oil prices. Recent state-backed

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HSBC assigns a ‘Buy’ to JSW Steel, Jindal Stainless

HSBC has initiated coverage on JSW Steel and Jindal Stainless with Buy ratings, anticipating a multi-year demand upcycle fueled by infrastructure and urbanization. The bank

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