Nasdaq 100 Has Worst Day Since 2020, Jobs Beat Keeps Fed Hike Alive: This Week on Wall Street
Democrats’ midterm sweep turned a four-week slide in AI stocks into the Nasdaq 100’s worst day since March 2020, while a 165,000-job October report kept a December Fed rate hike in play.
Big tech stocks fell hard this week, their worst day since 2020. Strong job reports suggest the Federal Reserve might raise interest rates in December.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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