The three major U.S. stock indexes made modest advances on the day, benchmark Treasury yields strengthened, and gold advanced.
The S&P 500 Index closed 0.7% higher, putting the benchmark on track for a fourth-straight day of gains. The tech-heavy Nasdaq 100 Index gained 0.87%.
Shares of the chipmaker fell 2.6% on Tuesday following a report suggesting that Alphabet Inc.’s AI processors are gaining ground.
Alphabet shares jumped 1.5%, moderating earlier gains, after a report that Meta Platforms Inc. was in talks to spend billions on Google’s artificial-intelligence chips.
US indexes embarked on the holiday-shortened week with solid gains, with strength in the "Magnificent Seven" group of artificial-intelligence-related momentum stocks putting the tech-heavy Nasdaq out front.
The Dow Jones Industrial Average rose 493.30 points, or 1.08%, to 46,245.56, the S&P 500 rose 64.20 points, or 0.98%, to 6,602.96 and the Nasdaq Composite rose 195.04 points, or 0.88%, to 22,273.08.
Asian shares fell 1.2% — led by technology firms — and are on track for a third straight day of losses
The relief brought by the end of the longest shutdown in American history quickly gave way to market swings after a host of Fed speakers threw cold water on bets for further policy easing
Nasdaq 100 futures climbed 0.6% as Nvidia Corp. led gains across the Magnificent Seven in premarket trading
Following its best session since May, the cohort of big tech weighed on equities
The rebound in S&P 500, Nasdaq and Dow Jones futures came after the US Senate voted 60-40 on a procedural measure to advance a bill funding the government through January 30, following weeks of political deadlock.
The benchmark snapped a three-week run of gains, pushing for a time on Friday the Cboe Volatility Index well above 20, a sign of growing market stress
Benchmark indices Nifty 50 and Sensex are likely to see a tepid start on November 4, extending their consolidation phase as per experts
Equities fell after notching a series of records in October, with the S&P 500 still set for its longest streak of monthly gains in four years
A renewed tech rally sent the S&P 500 up for a fifth straight day, putting the gauge on track for its longest streak of monthly gains since 2021
While most major groups took a breather after the advance, the cohort of tech megacaps kept powering ahead
The S&P 500 rose almost 1% as Chinese and US trade negotiators have lined up an array of diplomatic wins for Donald Trump and Xi Jinping to unveil at a summit this week
'We are working on it, and we should have something in the next quarter. It is a product launch,' CEO Nithin Kamath has said
MSCI’s Asia equity benchmark retreated further from its record close earlier this week, with Japanese shares leading the decline
Shares in Japan, Australia and South Korea all retreated at the open, echoing a lackluster mood in New York trading
Oil prices dipped as geopolitical tensions eased a little on news that Israel and Hamas had agreed to the first phase of a ceasefire plan to end the two-year conflict
The Nikkei index gained 0.6% to a new peak, following a 4.8% jump on Monday
The Nasdaq 100 struggled to hold onto an early climb to an all-time high after a readout from the Institute for Supply Management weighed on the rally
President Donald Trump will meet with the top Democratic and Republican leaders in Congress later on Monday to discuss extending government funding
A report Friday showed the personal consumption expenditures price index excluding food and energy rose 0.2% in August, compared with 0.3% in July