Investors reduced bets on future rate increases after Federal Reserve nominee Kevin Warsh declined to signal his next policy move.
The uncertainty around monetary policy kept major U.S. indexes mostly flat during the trading session.
Overseas stocks recovered some ground after recent losses, though gains remained modest across European and Asian markets.
Concerns about artificial intelligence stocks continued to weigh on sentiment, particularly among technology shares.
Traders now price in fewer rate hikes for the coming months, reflecting caution about the Fed’s direction.
Warsh’s silence on future guidance left markets without a clear signal, adding to the cautious mood.
AI-related anxieties persist as investors question whether current valuations can hold amid shifting economic conditions.
