
Jensen Huang rebuffed AI catastrophe warnings while highlighting massive infrastructure demand as key growth drivers.
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Jensen Huang rebuffed AI catastrophe warnings while highlighting massive infrastructure demand as key growth drivers.
US equity indexes were mixed this week as easing inflation and a drop in retail sales boosted the od

US stocks (^DJI, ^IXIC, ^GSPC) sink in Friday trading, the Nasdaq Composite leading losses and closing over 1,100 points lower (4.18%). The market is reacting to May's overwhelmingly positive labor data — 172,000 jobs added the US economy vs. estimates of 88,000 — raising investor concerns that the Federal Reserve may be inclined to hike interest rates. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the day's biggest market moves.
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