Stocks recover as markets step back from AI: Market Takeaways

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US stocks (^DJI, ^IXIC, ^GSPC) broadly recovered from last week's volatility and tech sell-offs in today's session. Yahoo Finance markets reporter Josh...

Initially it looked like it was a little bit of a broader rally and it narrowed slightly and we ended up having tech weed.Today you got green across your screen.Again, I mentioned that late rally in tech seem to really be Web by NVIDIA which ended up closing up 3%.

The market rally again I was saying, Isn't all about a I And these are two charts from Laurie Cavatina over at R BC.These charts had just been going up and up, and that was something we have been watching over the last month. So your top 10 stocks were at an all time high, were coming significantly off that same with the top five.And I think, Josh the takeaway for me there being ok, So what drives this market?We're not just talking about a I earnings and a I spending.When you see down within the S and P, you can basically always track it to some kind of weakening in the labour market.

 

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