Stocks have worst day in a month amid AI concerns, lower hopes for interest-rate cut
1. S&P 500 dropped 1.9%, influenced by Disney's disappointing revenue report. 2. Investors panicked over potential AI stock overvaluation, further pressuring markets. 3. Interest rate cut hopes diminished, impacting overall market sentiment. 4. U.S. government shutdown's end may not alleviate data uncertainty. 5. October jobs and inflation data delays could hinder Fed's decision-making.