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المشهد العربي
Wells Fargo warns on US stocks in September
Wells Fargo Bank has adopted a cautious stance regarding the performance of U.S. stocks at the beginning of September, expecting the month to be one of the worst market periods of the year. This is due to growing concerns over the sustainability of capital expenditure on artificial intelligence and the midterm congressional elections, which create uncertainty about the future of technology investments. Although the markets partially recovered in mid-August, the bank anticipates that concerns over financing smart infrastructure projects will reach their peak in the coming months.
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