Topic
us stock market
Business US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout
Wall Street traded mixed on Tuesday with the S&P 500 flat and Dow Jones gaining 385 points, while the Nasdaq Composite slipped over 1% dragged by a selloff in semiconductor stocks. Micron fell 8.4%, AMD 7.7%, and Nvidia 1.1% on renewed concerns over AI-driven demand sustainability and rising Chinese competition. Broader market sentiment was supported by strong earnings from Coca-Cola, Sherwin-Williams, and Illinois Tool Works.
Finance US stock market mixed: Dow up 0.3%, Nasdaq down 0.8% as AI stocks slide, per TOI report
The TOI Business Desk reported a mixed session on Wall Street: the Dow Jones Industrial Average rose 0.3% while the Nasdaq Composite fell 0.8%, attributed to a decline in AI stocks. The source article did not provide additional market details or context.
Finance Indian Investors' FOMO Drives US Stock Market Inflows: Routes, Benefits, Risks Outlined
A Business Today report details the multiple routes for Indian investors to access the US stock market, including direct brokerage via LRS, domestic mutual funds, and the NSE IFSC at GIFT City. The article highlights the scale of the US market, fractional investing options, and the importance of understanding risks and tax implications.
Business Wall Street holds near record highs as oil eases on US-Iran deal hopes, AbbVie announces $10.9B acquisition
US stocks traded near record levels on Monday as easing oil prices and progress in US-Iran talks boosted sentiment, while rising Treasury yields reflected inflation concerns. The S&P 500 edged up 0.1%, the Dow rose 220 points, and the Nasdaq slipped. Brent crude fell 2.8% to $78.34. AbbVie gained 4.9% after announcing a $10.9B acquisition of Apogee Therapeutics, which surged 46.9%.