Wall St rallies as Intel, Nvidia, and SLB lead gains. Banks surge 6%, while Truist climbs on strong profits. Investors eye Trump’s policy outlook.
Nvidia, S&P 500, and Nasdaq erase earlier gains as AI fears persist. Investors brace for earnings and Fed signals amid volatile market conditions.
Shares of semiconductor giant Broadcom (AVGO) have almost doubled over the past year. Invest with Confidence: Follow TipRanks' Top Wall Street
Thursday closed up +0.53%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.38%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.45%. March E-mini S&P futures (ESH25) are up by +0.49%, and March E-mini Nasdaq futures (NQH25) are up by +0.
It also reported retail investors were eager purchasers of Tesla, Broadcom and Apple. Investors also snapped up tech-focused exchange-traded funds like the Invesco QQQ Trust and a leveraged ETF offering three times the daily return of the Nasdaq 100 Index.
Taiwan Semiconductor Manufacturing Co. (TSM), Broadcom Inc. (AVGO), and other semiconductor companies fell in pre-market trade on Monday as Chinese AI startup DeepSeek’s open-source model threatened the hegemony of industry leader OpenAI.
The S&P 500 Index ( $SPX) ( SPY) today is up +0.24%, the Dow Jones Industrials Index ( $DOWI ) ( DIA) is up +0.33%, and the Nasdaq 100 Index ( $IUXX) ( QQQ) is up +0.17%. March E-mini S&P futures ( ESH25) are up by +0.20%, and March E-mini Nasdaq futures ( NQH25) are up by +0.14%.
US markets stabilised Tuesday following a wipeout a day earlier when DeepSeek startled markets with its capacity to compete with American tech giants.
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Chinese startup DeepSeek’s app has climbed to the top of the iPhone charts as its newest AI assistant showed competitive performance against rivals like OpenAI and Meta.
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