Stocks Fall as AI Concerns Dampen Market Sentiment

The market’s focus this week will be on corporate earnings results and economic news. Later today, the Feb NAHB housing market index is expected to climb by +1 to 38. On Wednesday, Dec capital goods new orders nondefense ex-aircraft and parts (a proxy for capital spending) are expected to increase by +0.4% m/m. Also, Dec housing starts and building permits will be released. In addition, Jan manufacturing production is expected to climb by +0.4% m/m. Finally, the minutes of the Jan 27-28 FOMC meeting will be ...