Soaring stock market defies broader US economic doldrums
The stock market keeps breaking records, which might seem confusing for consumers who feel the economy is worse than even the depths of the Great Recession.
That seeming mismatch is a glaring one, particularly for those who aren’t invested in the markets and are missing seeing their personal wealth or retirement savings increase. But the stock market’s recent gains are being driven largely by investment in artificial intelligence, according to experts.
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