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Market Talk: Nasdaq’s slide reflects rate-hike, AI cost jitters

visibility comment0 event June 5, 2026 timer 19:06

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Eric Lynch, managing director and co-portfolio manager of Suncoast Equity Management, discusses a potential interest rate hike from the Federal Reserve following a blockbuster May jobs report and worries that massive AI costs aren’t ‘translating into returns.’

#News #Reuters #Newsfeed #markets #ratehike #nasdaq

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