Stocks

Upbeat earnings from major retailers reinforced confidence that consumers remain engaged.

Concerns over valuations in AI-related stocks, mixed retail reports, and uncertainty around monetary policy kept markets on edge.

Investor sentiment swung sharply between optimism and caution.

Profit-taking by investors, coupled with weaker economic data, weighed on the markets. Experts say the pullback is expected to be temporary.

Upbeat earnings from major retailers reinforced confidence that consumers remain engaged.

Concerns over valuations in AI-related stocks, mixed retail reports, and uncertainty around monetary policy kept markets on edge.

Investor sentiment swung sharply between optimism and caution.

Profit-taking by investors, coupled with weaker economic data, weighed on the markets. Experts say the pullback is expected to be temporary.