Morning Commentary: Tech Slides on AI Valuation Worries as Treasury Yields Hit 5.3%, Oil Near $105
MUMBAI, 13 OCTOBER: The technology sector experienced broad weakness today, causing the S&P 500 and the Nasdaq Composite to finish modestly lower. Investors shifted focus into value-oriented sectors, allowing the blue-chip Dow Jones to log a positive gain. Warnings about artificial-intelligence sector valuations and a broader market rotation weighed particularly heavily on semiconductor and hardware…
