Trending stocks this week as Fed raises rates, calls grow to slow AI model development - TradingView

Wall Street closed the trading week mixed, as the Federal Reserve raised interest rates, Treasury yields climbed, and leading AI lab executives called to slow advanced model development.For the week, the blue-chip Dow DJI fell 1.7%, the benchmark S&P ( SP500 ) ticked down 0.1%, and the tech-heavy Nasdaq Composite COMP rose 0.7%. Cybersecurity stocks were largely higher this week, as investors worried about the potential for artificial intelligence to cause harm to humanity, with some industry leaders calling for a slowdown. This led to gains in stocks like CrowdStrike CRWD , Palo Alto Networks PANW , and Zscaler ZS .