AM 16 Oct 26: Can Wall Street shake its AI jitters?
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AM 16 Oct 26: Can Wall Street shake its AI jitters?
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AI stocks remained under pressure overnight as concerns around the sector weighed on confidence, although Wall Street recovered from earlier losses. US bond yields also fell sharply, but what's behind the drop? The ASX is poised for a stronger open after weaker-than-expected jobs data eased expectations of another near-term RBA rate hike. Plus, why new research suggests AI may struggle to outperform the share market when picking stocks.
Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers.
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