Rising bond yields rattle markets worldwide and overshadow hopes for AI stocks
NEW YORK — Another crank higher in bond yields is rattling stock markets around the world on Thursday and helping to overshadow optimism that the artificial-intelligence industry can keep climbing.
TL;DR
- Bond yields are increasing, causing turmoil in global stock markets.
- Optimism for the artificial intelligence industry is being overshadowed.
- The S&P 500 has fallen, heading towards its seventh loss in eight days.
- The Dow Jones Industrial Average and Nasdaq composite have also experienced decreases.