Macro Finance
AI Drives Tech Up, Financials Sells Off as Nasdaq Nears Record
Bloomberg Markets·September 22, 2026·1 min read
Investors are rotating out of financials and piling into AI-linked tech stocks, pushing the Nasdaq 100 Index to the brink of its first record since June. The shift reflects growing optimism about artificial intelligence's profit potential, while financial shares face selling pressure amid changing rate expectations.
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