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Stocks defy gravity as earnings and AI hold sway
Investors are increasingly concerned that rising interest rates could undermine the rally even as earnings stay strong.
The New York Times Business reports that investors have largely stayed focused on strong corporate earnings and artificial intelligence themes, helping keep US stocks supported despite broader uncertainties, including the war in Iran.
The same coverage highlights that rising interest rates are becoming a bigger risk to the rally, suggesting the stock market’s gains may be more sensitive to shifts in rates than investors have recently priced in.