CHIP SELLOFF DEEPENS WALL STREET LOSSES AS DOUBTS GREW OVER AI RETURNS

What happened: Weakness in technology shares weighed on the S&P 500 even as most of its components advanced. Why it matters: Fawad Razaqzada of Stonex Trading and Forex.com told Bloomberg the debate shifted from the size of the AI opportunity to whether the investment required to realise it would prove profitable. Brian Jacobsen of Annex Wealth Management said the market's reaction was the week's most notable development, with money moving into healthcare, financial, materials and smaller-company shares.

Chip selloff deepens Wall Street losses amid growing doubts over AI returns.

Chip selloff deepens Wall Street losses amid growing doubts over AI returns. — impact context not separately stored; see What changed.