Dollar Has Worst Week in Month With Warsh Quiet on Rate Path

The dollar’s monthlong rally ran out of steam this week after remarks from Federal Reserve Chairman Kevin Warsh failed to give the currency a lift. The Bloomberg Dollar Spot Index fell 0.2% on Friday, bringing its weekly decline to the largest since Sept. 4. The...

S&P 500 Suffers Worst Week Since June as AI Fears Hit Chipmakers

The S&P 500 Index dropped on Friday to cap its biggest weekly loss since June, as a spike in crude prices renewed inflation fears while worries about the viability of the artificial intelligence trade pressured chipmakers. The stocks benchmark sank 1.1%. A wipeout...