The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
A post-election slide in chipmakers snowballed as investors bailed from technology shares on speculation that congressional Democrats will clamp down on the artificial-intelligence industry. What started as a rotation out of semiconductor stocks morphed into a broad rout, with all 11 sectors in the S&P 500 Index in the red. Traders caution against interpreting the broader market moves as a fundamental shift in investor preferences. On today's episode:
Eric Weiner, Bloomberg News Senior Editor
Ira Jersey, Bloomberg Intelligence Chief US Rates Strategist
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