Stock market today: Dow slips
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Major stock indexes fell Wednesday, with the S&P 500 and Dow Jones Industrial Average on pace for a fourth consecutive decline, as AI bubble concerns resumed and investors digested tepid labor data.
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Stock market today: Dow slides, Nasdaq positive after jobs data; Nvidia rises (live coverage)
In the apparel-clothing stocks group, Gildan Activewear GIL also broke out of a cup base with a buy point of 62.56 before retreating. The blue dot on its chart on IBD MarketSurge shows that its relative strength line is at a new high. Shares were up nearly 4% in recent action.
The Dow Jones Industrial Average (DJI) is sporting a much more modest lead for 2025, but is still on track for its third consecutive year in the black. Contrary to what many may t
US stocks fell as investors shifted away from AI stocks, with Oracle, Nvidia, and AMD taking significant hits amid financing concerns and broader market volatility. Insights into the AI profitability challenge and economic signals ahead.
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Expand Energy has notably outperformed the Dow Jones Industrial Average in recent months, and analysts remain optimistic about the stock’s prospects.
NASDAQ pulled back as tech stocks declined. Arm Holdings, Broadcom, and Advanced Micro Devices were among the biggest losers in the NASDAQ index today. AI-related stocks found themselves under pressure amid valuation concerns.
A day that featured the biggest initial public offering in four years also saw the Nasdaq Composite close sharply lower. The tech-heavy index slid 1.8%. The S&P 500 dropped 1.1%. The Dow Jones Industrial Average fell 230 points, or 0.5%. The S&P and Dow extended their respective losing streaks to four days.
The Dow Jones Industrial Average got a boost to intraday record territory Thursday as investors piled into stocks that could benefit from an expanding economy. The Dow was up 0.9%, near 48,474, at last check,
More drops for AI stocks dragged the U.S. market lower, pulling Wall Street to its fourth straight loss and its worst in nearly a month. The S&P 500 fell 1.2% Wednesday.
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Dow Jones futures: Micron jumps on earnings after Oracle leads AI stock sell-off
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. Micron TechnologyMU jumped on strong earnings and guidance, lifting some other memory-related plays.The stock market retreated Wednesday with AI plays broadly selling off as OracleORCL struggles to finance a $10 billion AI data center project.