London, Jan 23, 2025 (AFP) - Wall Street's AI-fuelled rally falters

NAMPA / AFP

2025-01-23

A tech-fuelled rally on Wall Street faltered on Thursday as concerns about interest rates and high stock valuations sapped investor confidence. Wall Street has been on a tear over the past week, with the S&P 500 setting a record high in the wake of US president Donald Trump's massive AI-investment announcement. But both the S&P 500 and tech-heavy Nasdaq Composite fell at the start of trading Thursday. "There is some natural hesitation today given......

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