AI will continue to power market rally: BlackRock

Thanks! Share it with your friends!

You disliked this video. Thanks for the feedback!

Added 6 months ago by admin

28 Views

The S&P 500 (^GSPC) closed higher for the 36th time in 2024 on Tuesday. The tech heavy index can attribute much of its gains from the AI sector as about 30% of its value comes from the Magnificent 7 group of tech stocks. According to a report from BlackRock, this hype is not expected to go anywhere.

Yahoo Finance senior business reporter Ines Ferré joins Catalysts to break down the report and what investors can expect for the AI hype train moving forward as the market rally chugs along.

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

- Get the latest news and data at finance.yahoo.com

- Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

- Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

#AI #blackrock #yahoofinance