‘Artificial intelligence over interest rates’… Stocks rise despite Fed interest rate fears
(Photo = shutterstock) Artificial intelligence (AI) has shown strong support for the New York stock market despite the US Federal Reserve’s announcement of additional interest rate hikes within the year. The S&P 500 and Nasdaq 100 continued to rise for five consecutive days despite the Fed’s hawkish signals (rate hikes and monetary tightening). Bloomberg reported […]