The Times of India

US stocks: Wall street bounces back after hitting 18-month low as chipmakers rally

Wall Street showed signs of recovery on Friday, driven primarily by semiconductor stocks, following earlier losses. The semiconductor sector, particularly companies like Nvidia and AMD, experienced significant rebounds in share prices. Concerns regarding potential regulatory changes in the AI industry persist, creating investor uncertainty about future market stability. Meanwhile, global markets, including European and Asian stocks, continued to experience declines over the week.