Reported about 9 hours ago
U.S. stocks closed lower on Wednesday as an AI rally faded and Federal Reserve Chair Jerome Powell's comments dampened market enthusiasm. Despite this, the U.S. dollar saw a modest increase of 0.6%, and copper prices surged by 3.83%, marking a notable day for commodities. Analysts reflect on the recent volatility in the markets, emphasizing the current climate of 'rational exuberance' among investors.
Source: YAHOO