Wall Street experienced significant declines on Thursday, driven by steep losses in AI heavyweights like Nvidia. Investors scaled back expectations of interest rate cuts due to inflation concerns and differing views among central bankers on the U.S. economy’s health. This sentiment led to a market rotation away from technology stocks.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and
December 8, 2025