The U.S. dollar remained stable amidst concerns about President Trump’s repeated criticism of the Federal Reserve, specifically targeting Governor Lisa Cook. Investors are closely watching Fed Chair Jerome Powell’s upcoming speech for hints about potential rate cuts, especially after a weak jobs report.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays