Cracks in the AI trade in July prompted a risk-off move in the stock market. That dragged down growth-oriented mutual funds and sector funds heavily tied to the emerging technology. The average U.S. diversified stock fund fell 2.1% in July. Fund investors' profitable run halted last month after the best quarter for U.S. stock funds in six years, according to…
Stock Market Suffers AI Sell-Off In July. What's Next?
Kaynak: Yahoo Finance
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