US insurance-related stocks rallied Tuesday, pushing an industry gauge to a record, as artificial intelligence concerns drove traders toward defensive parts of the market.
How low can it go?
A Connecticut-based private equity firm plans to sell a chain of mental health centers and sober-living homes through a deal financed by municipal bonds.
S&P Global Ratings acquired a majority stake in Nigeria-based Agusto & Co. to expand its coverage in Africa, which is seen as underserved by global ratings companies.
Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.
Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
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