Key Market Developments This Week: China's AI Strategy and Employment Data

Reported 2 days ago

This week in the markets is crucial, following a turbulent tech sector response to China's AI chip ambitions led by Alibaba, impacting shares of Nvidia and AMD. With the markets closed Monday for Labor Day, focus shifts to Friday's employment data, which will inform the Fed's potential rate decisions. Notable earnings from companies like Zscaler and Salesforce will shed light on enterprise software trends, while manufacturing and services data will provide insights into economic health. Additionally, a recent legal ruling on Trump-era tariffs could complicate trade policies and market dynamics.

Source: YAHOO

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