Stocks stabilize after rout (Image: Bloomberg) Show Quick Read Summary is AI Generated. Newsroom Reviewed
At a time when every dip in stocks is perceived as an opportunity, buyers emerged after a brief pullback led by some of the biggest winners of the artificial-intelligence boom. Bitcoin rallied. Bonds fell.
About 300 shares in the S&P 500 rose. While Wall Street didn’t see a buying stampede on Wednesday, the market was able to stabilize after a slide that underscored worries about how stretched the market has become and how sensitive it is to unfavorable news.
“For investors with cash on the sidelines, the recent market pullback seems like a good time to buy, especially for investors with a longer time horizon,” said Robert Edwards at Edwards Asset Management. “Earnings are crus

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