S&P 500 futures remained flat after a market rally driven by hopes for tariff concessions from President Trump. The Dow Jones Industrial Average rose about 485.60 points, while the S&P 500 and Nasdaq also gained, despite a volatile week and ongoing concerns over tariffs and economic pressures. Tech stocks faced declines in after-hours trading, with Marvell Technology dropping over 13% following its earnings report.
about Market Rebounds on Tariff Hopes Despite Ongoing Volatility and LossesMicron Technology Inc
0 in Finance and 0 in Crypto last weekTech Stocks Plunge Amid Concerns Over China’s AI Advancements
Tech stocks plummeted as concerns grew over China’s DeepSeek potentially surpassing U.S. AI advancements, with the Nasdaq dropping over 3%. Nvidia’s shares fell 18%, erasing more than $500 billion in market value, while other tech giants like Microsoft and Alphabet also faced significant losses. Despite skepticism about DeepSeek’s claims, analysts noted its efficient model could influence future AI development.
about Tech Stocks Plunge Amid Concerns Over China's AI AdvancementsTech Stocks Plunge as AI Fears Emerge and Market Volatility Increases
The Nasdaq plunged nearly 3% and the S&P 500 fell 1.7% as fears over AI profitability were sparked by a Chinese startup’s claims of superior performance with cheaper technology, leading to significant losses for major tech stocks like Nvidia, which dropped almost 11%. Investors shifted towards safer assets, with the 10-year Treasury yield falling to its lowest in over a month, while trade war concerns resurfaced amid tensions between President Trump and Colombia. The Federal Reserve’s upcoming policy meeting is also under scrutiny as Trump pushes for lower interest rates.
about Tech Stocks Plunge as AI Fears Emerge and Market Volatility IncreasesNvidia Drives Stock Market Gains with New AI Product Launch
Indexes rose Thursday, driven by a rally in chip stocks, particularly Nvidia, which gained 3% after CEO Jensen Huang unveiled new AI products at CES. Micron Technology also saw a 6% increase, benefiting from its partnership with Nvidia on AI-powered gaming chips. Investors are awaiting key economic data later this week, including job reports.
about Nvidia Drives Stock Market Gains with New AI Product LaunchUS Stocks Steady as Nvidia’s AI Plans Boost Market Confidence
US stocks showed modest gains on Tuesday, with the S&P 500 and Dow Jones Industrial Average each rising 0.3%, while the Nasdaq added 0.2%. Nvidia’s CEO unveiled a new AI superchip, boosting shares by 2% and rallying chip stocks. Investors await JOLTS job openings data, which could influence interest rate discussions ahead of Friday’s crucial jobs report.
about US Stocks Steady as Nvidia's AI Plans Boost Market ConfidenceUS Stock Futures Steady as Investors Await Jobs Data and Tariff Clarity
US stock futures showed modest gains as investors reacted to Nvidia’s AI announcements and awaited JOLTS job data. The S&P 500 rose 0.1%, while Dow futures increased by 0.2%. Nvidia shares climbed over 2% following the unveiling of a new AI superchip, boosting chip stocks like Micron Technology. Market participants are also focused on potential tariff policies from the incoming Trump administration, with the dollar weakening. The upcoming JOLTS report will influence discussions on interest rates ahead of Friday’s crucial jobs data.
about US Stock Futures Steady as Investors Await Jobs Data and Tariff ClarityStock Market Update: Nvidia and Micron Surge Amid Positive Developments
Dow futures are struggling as traders await jobs data. Nvidia shares rose 1.5% following CEO Jensen Huang’s positive CES speech, while Micron Technology surged nearly 6% after being mentioned as a memory supplier. Carvana and Uber Technologies also saw gains of 4% and over 3%, respectively, with Carvana’s rating upgraded and Uber collaborating with Nvidia on autonomous driving.
about Stock Market Update: Nvidia and Micron Surge Amid Positive Developments