"Large-cap technology stocks declined sharply, marking their weakest performance in several months, while smaller and value-focused companies continued to gain ground. Investors appeared to rotate away from high-growth technology stocks, partly due to concerns about heavy investment in artificial intelligence and questions around future returns. Market volatility was further influenced by corporate earnings reports and ongoing geopolitical tensions. While the Nasdaq Composite declined, the S&P 500 remained largely stable. In contrast, the Dow Jones Industrial average and smaller-company indexes posted solid gains,"
"Economic data suggested a cooling labour market. Private-sector hiring slowed significantly in January, and job openings fell to their lowest level since 2020. Layoffs increased sharply, reaching their highest January level since the global financial crisis. Weekly unemployment claims also rose, reinforcing signs of softening employment conditions. At the same time, U.S. manufacturing activity showed renewed strength, with factory output expanding at its fastest pace in over two years. The services sector remained stable, continuing its steady growth."
Global financial markets experienced a mixed week driven by shifting investor sentiment, evolving economic data, and central bank decisions. U.S. markets ended unevenly as large-cap technology stocks declined while smaller and value-focused companies gained, reflecting a rotation away from high-growth tech amid AI investment concerns and earnings-related volatility. Labour-market indicators showed cooling: private-sector hiring slowed, job openings fell to a 2020-era low, layoffs rose, and weekly unemployment claims increased. U.S. manufacturing activity strengthened with factory output expanding at its fastest pace in over two years, while services remained stable and bond yields fell.
Read at London Business News | Londonlovesbusiness.com
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