Key facts
- The S&P 500 is at risk of breaking a historic weekly streak of gains.
- The artificial-intelligence trade is experiencing a downturn.
- Investors anticipate payroll data that may affirm higher interest rates for longer.
The S&P 500 is on the verge of breaking a historic streak of weekly gains. This potential interruption comes as the artificial-intelligence trade experiences a notable decline. Investors are also closely watching upcoming payroll data, which is expected to reinforce the view that interest rates will remain elevated for an extended period. This combination of factors suggests a cautious market sentiment as the week concludes.