Stock Futures Rise Monday After Friday Sell Off
Donald Trump’s words can impact market swings
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- Written by Banking Exchange staff
As AI has been the catalyst for years now, the S&P hit record highs again last week before retreating on Friday after Trump announced 100% tariffs on China.
Investors are increasingly concerned, however, about an AI bubble that could mirror the internet bubble from more than two decades ago.
Perhaps more than any other United States President before him, Donald Trump’s words can impact market swings.
Trump said in response to China tightening exports of rare earth, “On November 1st, we will impose Export Controls on any and all critical software.”
Global markets could be in for a ride this week with tariff talk rekindling, hostage returns, and potential peace in the Middle East, and the United States government shut down extending into a third week.
Tagged under Risk Management; Feature3; Feature; AI; Artificial Intelligence;