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Investors fear A.I. rally running out of steam

Investors fear A.I. rally running out of steam

Squawk Box Europe Express · CNBC International

August 21, 202545m 24s

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Show Notes

U.S. tech stocks are under pressure for a second consecutive day as investors question the staying power of the A.I.-fuelled rally seen across the sector this year. Ahead of the Federal Reserve symposium at Jackson Hole, President Trump demands the resignation of Fed governor Lisa Cook over accusations of mortgage fraud. New data from FOMC minutes show members’ division over the Fed’s inflation and employment market forecast.

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