Goldman sees choppy October giving way to year-end rally
FROM THE WIRE · SEEKINGALPHA.COM
[Wall street sign on manhattan] franckreporter/iStock via Getty Images A complicated new phase in the AI (AIQ [https://seekingalpha.com/symbol/AIQ]) (AIEQ [https://seekingalpha.com/symbol/AIEQ]) sequence has triggered a debate around capital costs and forced a round of risk…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishTech de-risking tied to the cost of capital weighs on global equity and credit markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Strategist Tony Pasquariello says the AI sequence has entered a more complicated phase.
- 02Goldman's franchise recorded its largest week of net tech selling in at least a decade.
- 03The debate centers on both the availability and the cost of capital.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
State Street SPDR S&P 500 ETF768.47 USD+0.68%today +0.68%Negative Invesco QQQ Trust, Series 1717.49 USD+1.08%today +1.08%Negative VanEck Semiconductor ETF549.26 USD+1.75%today +1.75%Negative State Street Technology Select Sector SPDR ETF186.72 USD+1.77%today +1.77%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets