AI Buildout Keeps Quinlan Bullish on US Stocks

Joe Quinlan, head of market strategy at Merrill and Bank of America, said the US economy remains resilient despite weak July jobs data, citing continued hiring in construction and health care sectors and investment tied to artificial intelligence. Quinlan made the remarks during an appearance on Bloomberg This Weekend with hosts David Gura and Christina Ruffini. The July jobs report showed overall hiring weakness during that month.

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