Macro Finance
S&P 500 Slides as Chipmakers Extend Slump on Growing AI Worries
Bloomberg Markets·October 16, 2026·1 min read
The S&P 500 Index drifted lower on Friday, on track for its worst week in about two months as worries about the viability of the artificial intelligence trade weighed on chipmakers. The decline extended a slump in semiconductor stocks, with investors questioning the sustainability of AI-driven gains.
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