Stocks Sink on US Trade Uncertainty and Fresh AI Worries

Fed Governor Christopher Waller said his decision on whether to support an interest rate cut at the March FOMC meeting will hinge on labor market data for February.The US Feb Dallas Fed manufacturing outlook level of general business activity survey rose +1.4 to a 7-month high of 0.2, stronger than expectations of -0.5.The US Jan Chicago Fed National Activity Index rose +0.39 to a 9-month high of 0.18, stronger than expectations of 0.01.Geopolitical risks are also negative for stocks. US-Iran nuclear talks ...