Country: US | Published: 2026-09-17
U.S. stocks recovered in choppy trade as markets digested the Fed's rate hike, with the Nasdaq and S&P 500 finding footing after the prior session's hawkish shock. AI-linked names
U.S. stocks recovered in choppy trade as markets digested the Fed's rate hike, with the Nasdaq and S&P 500 finding footing after the prior session's hawkish shock. AI-linked names stayed the bright spot, with chip and cloud stocks climbing on fresh compute demand headlines, while CoreWeave's large convertible debt offering drew attention to how AI infrastructure is being financed. Rate-sensitive corners of the market, from retailers to utilities and healthcare, continued to feel the weight of higher borrowing-cost expectations.