Yussef Gheriani, IHT Wealth Management
Yussef Gheriani, IHT Wealth Management

5 May 2023
US Markets Wrap: Bank jitters alongside ECB hike & Fed talk; and should you bet on big tech and AI?
Stocks closed lower for a fourth day running, coming on the back of renewed bank worries, The Dow too, turns negative for the year, pulling back 0.06% year to date, with declines in Boeing, Disney, Goldman Sachs and American Express shares dragging on the Dow.
Yussef Gheriani, Director of Investments and Operations at IHT Wealth Management gives a deep dive on ripples shaking the banking sector, how things are shaping up for AI and big tech, as well as spaces to watch out for.
Presenter: Ryan Huang
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Producer: Yeo Kai Ting (ykaiting@sph.com.sg)