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Business • 2026-11-04, 11:09 ET • ~1 min read

US stocks waver as election and AI bubble risks weigh on outlook

US stocks waver as election and AI bubble risks weigh on outlook

US stocks waver as election and AI bubble risks weigh on outlook

US stocks waver as election and AI bubble risks weigh on outlook

Key points

اہم نکات

मुख्य बातें

  • US stocks struggled for direction just before midterm voting, with S&P 500 futures little changed and Nasdaq 100 futures up about 0.5% after the index entered a technical correction.
  • Investors held back from adding risk with control of Congress up for grabs, while Apple slid 4.4% in early trading on tighter margins.
  • The caution came as the once-dominant artificial intelligence trade pulled back sharply: a gauge of US-listed chipmakers hit a six-month low after falling nearly 30% from a June high, and some of the world's biggest asset managers warned about bubble risks and a possible downturn after rapid AI expansion.
  • US stocks struggled for direction just before midterm voting, with S&P 500 futures little changed and Nasdaq 100 futures up about 0.5% after the index entered a technical correction.
  • Investors held back from adding risk with control of Congress up for grabs, while Apple slid 4.4% in early trading on tighter margins.
  • The caution came as the once-dominant artificial intelligence trade pulled back sharply: a gauge of US-listed chipmakers hit a six-month low after falling nearly 30% from a June high, and some of the world's biggest asset managers warned about bubble risks and a possible downturn after rapid AI expansion.
  • US stocks struggled for direction just before midterm voting, with S&P 500 futures little changed and Nasdaq 100 futures up about 0.5% after the index entered a technical correction.
  • Investors held back from adding risk with control of Congress up for grabs, while Apple slid 4.4% in early trading on tighter margins.
  • The caution came as the once-dominant artificial intelligence trade pulled back sharply: a gauge of US-listed chipmakers hit a six-month low after falling nearly 30% from a June high, and some of the world's biggest asset managers warned about bubble risks and a possible downturn after rapid AI expansion.

US stocks struggled for direction just before midterm voting, with S&P 500 futures little changed and Nasdaq 100 futures up about 0.5% after the index entered a technical correction. Investors held back from adding risk with control of Congress up for grabs, while Apple slid 4.4% in early trading on tighter margins. The caution came as the once-dominant artificial intelligence trade pulled back sharply: a gauge of US-listed chipmakers hit a six-month low after falling nearly 30% from a June high, and some of the world's biggest asset managers warned about bubble risks and a possible downturn after rapid AI expansion. Palantir also pointed to a possible slowdown in sales growth in its quarterly outlook.

US stocks struggled for direction just before midterm voting, with S&P 500 futures little changed and Nasdaq 100 futures up about 0.5% after the index entered a technical correction. Investors held back from adding risk with control of Congress up for grabs, while Apple slid 4.4% in early trading on tighter margins. The caution came as the once-dominant artificial intelligence trade pulled back sharply: a gauge of US-listed chipmakers hit a six-month low after falling nearly 30% from a June high, and some of the world's biggest asset managers warned about bubble risks and a possible downturn after rapid AI expansion. Palantir also pointed to a possible slowdown in sales growth in its quarterly outlook.

US stocks struggled for direction just before midterm voting, with S&P 500 futures little changed and Nasdaq 100 futures up about 0.5% after the index entered a technical correction. Investors held back from adding risk with control of Congress up for grabs, while Apple slid 4.4% in early trading on tighter margins. The caution came as the once-dominant artificial intelligence trade pulled back sharply: a gauge of US-listed chipmakers hit a six-month low after falling nearly 30% from a June high, and some of the world's biggest asset managers warned about bubble risks and a possible downturn after rapid AI expansion. Palantir also pointed to a possible slowdown in sales growth in its quarterly outlook.

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