Tech Stocks Sink, AI Rally Dwindles As Powell Hints At Further Hikes: What’s Driving Markets Wednesday – XPeng (NYSE:XPEV), Steelcase (NYSE:SCS), Patterson Cos (NASDAQ:PDCO), The Communication Services Select Sector SPDR Fund (ARCA:XLC), KB Home (NYSE:KBH), SPDR Select Sector Fund – Energy Select Sector (ARCA:XLE), Tesla (NASDAQ:TSLA), SPDR Select Sector Fund – Technology (ARCA:XLK), Advanced Micro Devices (NASDAQ:AMD), FedEx (NYSE:FDX), iShares Silver Trust (ARCA:SLV), SPDR Dow Jones Industrial Average ETF (ARCA:DIA), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), SPDR Select Sector Fund – Consumer Staples (ARCA:XLP), Palantir Technologies (NYSE:PLTR), Netflix (NASDAQ:NFLX), SPDR Select Sector Fund – Utilities (ARCA:XLU), NVIDIA (NASDAQ:NVDA), SPDR Select Sector Fund – Consumer Discretionary (ARCA:XLY), ConocoPhillips (NYSE:COP), Dollar Tree (NASDAQ:DLTR), C3.ai (NYSE:AI), Coherent (NYSE:COHR), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), United States Oil Fund (ARCA:USO), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), Invesco CurrencyShares Euro Currency Trust (ARCA:FXE), La-Z-Boy (NYSE:LZB), NIO (NYSE:NIO), Intel (NASDAQ:INTC), Exxon Mobil (NYSE:XOM), SPDR DJ Euro STOXX 50 Etf (ARCA:FEZ), Li Auto (NASDAQ:LI), SPDR Gold Trust (ARCA:GLD), Winnebago Industries (NYSE:WGO)Tech Stocks Sink, AI Rally Dwindles As Powell Hints At Further Hikes: What’s Driving Markets Wednesday – XPeng (NYSE:XPEV), Steelcase (NYSE:SCS), Patterson Cos (NASDAQ:PDCO), The Communication Services Select Sector SPDR Fund (ARCA:XLC), KB Home (NYSE:KBH), SPDR Select Sector Fund – Energy Select Sector (ARCA:XLE), Tesla (NASDAQ:TSLA), SPDR Select Sector Fund – Technology (ARCA:XLK), Advanced Micro Devices (NASDAQ:AMD), FedEx (NYSE:FDX), iShares Silver Trust (ARCA:SLV), SPDR Dow Jones Industrial Average ETF (ARCA:DIA), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), SPDR Select Sector Fund – Consumer Staples (ARCA:XLP), Palantir Technologies (NYSE:PLTR), Netflix (NASDAQ:NFLX), SPDR Select Sector Fund – Utilities (ARCA:XLU), NVIDIA (NASDAQ:NVDA), SPDR Select Sector Fund – Consumer Discretionary (ARCA:XLY), ConocoPhillips (NYSE:COP), Dollar Tree (NASDAQ:DLTR), C3.ai (NYSE:AI), Coherent (NYSE:COHR), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), United States Oil Fund (ARCA:USO), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), Invesco CurrencyShares Euro Currency Trust (ARCA:FXE), La-Z-Boy (NYSE:LZB), NIO (NYSE:NIO), Intel (NASDAQ:INTC), Exxon Mobil (NYSE:XOM), SPDR DJ Euro STOXX 50 Etf (ARCA:FEZ), Li Auto (NASDAQ:LI), SPDR Gold Trust (ARCA:GLD), Winnebago Industries (NYSE:WGO)
The U.S. stock market fell on Wednesday, with tech stocks largely underperforming the rest of the market, as Fed Chair{...}
