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AI Rotation? Walmart, P&G, Merck Surge 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 broader US market recovered from its intraday lows, propelled by significant gains in defensive stocks such as Walmart, P&G, and Merck. Leading technology giants, including Microsoft and Amazon, also advanced. These positive movements collectively helped to partially offset…

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