fromLondon Business News | Londonlovesbusiness.com
1 day agoThe significant events in the global economy over the past week - London Business News | Londonlovesbusiness.com
U.S. financial markets ended the week on a cautious note as investors weighed strong employment data against growing concerns about the impact of artificial intelligence on traditional business models. Major stock indexes declined, led by technology-heavy shares, reflecting worries that rapid AI developments may disrupt established industries and earnings outlooks. The Nasdaq Composite recorded the steepest losses, while the S&P 500 and Dow Jones Industrial Average also finished lower. Value-oriented stocks continued to outperform growth stocks, extending a trend that has persisted for several weeks.