{
  "id": 19142680,
  "title": "Tech set to still sway US stock market's course despite AI-driven swoon",
  "url": "https://urgent.news/2026/11/09/tech-set-to-still-sway-us-stock-markets-course-despite-ai-driven-swoon",
  "topic": "ai",
  "section": "AI",
  "published": "2026-11-09T11:05:03.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/tech-set-still-sway-us-stock-markets-course-despite-ai-driven-swoon-6535896"
  },
  "original_language": "en",
  "account": "Even as AI stocks experienced a significant decline, the US stock market is expected to continue being driven by technology shares. Following a month-long slump, the S&P 500 technology sector witnessed its steepest single-day drop in nearly six years. Investors are wary of potential obstacles, such as the possibility of Democratic victories in the upcoming midterm elections, which could lead to reduced data-center spending. Despite the recent drop, technology still accounts for more than 35% of the S&P 500's weight, according to Robert Pavlik, a senior portfolio manager at Dakota Wealth Management. The tech sector's disproportionate influence on the market, combined with its sensitivity to AI, makes its weakness likely to impact the broader S&P 500. The sector's weight in the index remains higher than it was during the peak of the internet bubble in the early 2000s.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}