Fed's Warsh Sparks Bond Selloff, Apple Warns of '100-Year' Memory Flood: What Moved Markets This Week
Three Fed officials voted to hike, the 30-year yield hit a 19-year high and Big Tech earnings split the AI trade. What moved markets this week.
This week, some Federal Reserve leaders wanted to raise interest rates, which made long-term borrowing costs jump to levels not seen in almost 20 years. Big tech companies had mixed earnings results, showing that not all AI investments are paying off equally right now.
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