Strip Out AI and the S&P 500 Looks Very Different, Goldman Index Shows
4 Articles
4 Articles
The S&P 500 is close to its record. However, fewer and fewer shares bear the market. German investors should listen – even with widely dispersed world ETFs.
Driven by tech stocks, the S&P 500 index hit a new high. The AI investment boom is creating a capital siphon effect, also affecting the performance of other sectors of the US stock market.
Strip Out AI and the S&P 500 Looks Very Different, Goldman Index Shows
The S&P 500 has gained 18.3% in six months, against 6.7% for Goldman Sachs' index excluding artificial intelligence (AI) enablers. A chip-led AI rally pushed the benchmark to a record, while that index sits 6.4% below its high. The S&P 500 and Nasdaq Composite both closed at records on Tuesday....
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