US market saw a mixed close as the S&P 500 and Nasdaq dipped, primarily due to tech giants like Alphabet facing investor scrutiny over AI spending. The Dow, however, edged higher, supported by healthcare and industrial gains. Falling oil prices offered some relief, but a hawkish Federal Reserve stance and upcoming inflation data are keeping investors cautious about future rate hikes.
US stocks closed mixed, with the S&P 500 and Nasdaq declining due to concerns over AI spending by tech giants like Alphabet. The Dow Jones, however, saw slight gains, driven by strong performances in the healthcare and industrial sectors. Investors remain cautious, anticipating…
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