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AI Rotation? Walmart, P&G, Merck Gain As Defensive Stocks Gain Traction Amid Chip Crash

As reported by NDTV Profit - Latest
The broader US market recovered from its intraday lows as gains in defensive stocks, along with advances in technology giants such as Microsoft and Amazon, helped partially offset the weakness in semiconductor shares.
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The US market recovered from its intraday lows today as defensive stocks, including Walmart, P&G, and Merck, saw significant gains. These advances, alongside growth in tech giants like Microsoft and Amazon, helped to partially offset the widespread weakness observed in…

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