Joseph Adinolfi

The artificial-intelligence trade is on the ropes. CNN’s “Fear & Greed” index is screaming fear, and the yield on the 10-year Treasury note just clinched its biggest daily drop since the collapse of Silicon Valley Bank.

For years, artificial-intelligence evangelists have boasted about the technology’s capacity to revolutionize drug development and medical research.

One of the most important relationships in global markets has started to unravel over the past couple of weeks. Investors are scrambling to figure out what it might mean for the economy, and their portfolios.

The idea that the AI trade has been mostly immune to rising bond yields isn’t quite right, one strategist notes.

After an eventful summer, U.S. stocks appear to have hit a pocket of calm. Over the past few sessions, trading volume has dwindled, while major indexes have mostly drifted sideways.

U.S. stocks could face a serious test in 2027 as a tsunami of new equity issuance threatens to upend the artificial-intelligence-driven bull market, according to hedge-fund billionaire Paul Tudor Jones.

For decades, the S&P 500 has been the preferred benchmark for monitoring the performance of the U.S. stock market. But these days, it is behaving less like a barometer of broad market health and more like a funhouse mirror.

The S&P 500 was trading within 2 percentage points of its record closing high on Tuesday, but dig a little bit deeper, and things are looking far less rosy.

The S&P 500 is trading just shy of record territory, even as most individual stocks are struggling.

In an era of higher interest rates, banks have reaped big profits due to consumers’ reluctance to move money out of low-interest checking accounts that offer convenience and ready access to money.