Market Highlights

At a time when every dip in stocks is perceived as an opportunity, buyers emerged after a brief pullback led by some of the biggest winners of the artificial-intelligence boom. Bitcoin rallied. Bonds fell. While Wall Street didn’t see a buying stampede, equities were able to bounce following a slide that underscored worries over how stretched the market has become and how sensitive it is to unfavorable news. Chipmakers, which bore the brunt of the recent selling, jumped on Wednesday. Stocks rebounded as dip buyers stepped in after a brief pullback in global equities, sparked by concerns over lofty valuations in technology companies.