More Drops for AI and Tech Stocks Overshadow Gains for Most of Wall Street - WXXV News 25
Alphabet and Nvidia fell as AI-related earnings reports raised doubts about Big Tech growth, while lower oil lifted stocks outside technology.
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5 Articles
More drops for AI and tech stocks overshadow gains for most of Wall Street - WXXV News 25
By STAN CHOE NEW YORK (AP) — A morning rally for U.S. stocks petered out on Monday as the tech and AI industries remained shaky following their sell-off last week. The S&P 500 sank 0.5% after erasing a gain that had reached 1.1% early in the day. The Dow Jones Industrial Average rose 213 points, or 0.4%, while the Nasdaq...
Dow Jones Index Forecast: Will 52,000 Hold After Fed?
Wall Street gave investors whiplash. The Dow gained 0.4% to 51,983.98 on Monday while the Nasdaq slid 1.1%, Yahoo Finance’s closing summary shows, leaving the Dow up 8.2% this year. That’s a clear rotation from tech into blue chips. With US midterms on 3 November and payrolls due Friday, check our Nasdaq 100 outlook for the tech side. The chart below covers the Dow. Figure 6: Dow Jones key-level map in blue and silver, built from published close…
U.S. indices cut down on initial profits. New technology finance operations and legislative elections maintain investor caution.
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