Nasdaq Rises About 0.7% as S&P 500 Edges Higher
The Dow Jones Industrial Average edged lower. Citadel said the AI price war could benefit hyperscalers.
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BUZZ — US stocks weekly: AI unwind
* S&P 500 drops 1.9% as AI jitters exact a toll.N * Dow adds 0.7%, but tech-heavy Nasdaq Composite sheds 4.5% * Dow tries to build a base, but resistance looms ahead * This as tech's lead over banks faces another test * US 10-Year Treasury yield spikes to as high as about 5.33%, then pulls back to end around 5.09% as i
LIVE MARKETS — AI drives the index, but not most stocks
Dow gains, S&P 500 edges up, Nasdaq slips Comm svcs lead S&P sector gainers; just tech, consumer discretionary drop Euro STOXX 600 index rises ~0.7% Dollar rallies; US crude up >2%; gold dips; bitcoin down Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thou
LIVE MARKETS — Goldman Sachs sees $1.7 trillion buyback wave cushioning hit from stock supply surgE
S&P 500 edges red; Dow up; Nasdaq dips Comm svcs lead S&P sector gainers; tech biggest laggard Euro STOXX 600 index rises ~0.5% Dollar gains; US crude up >2%; golddips; bitcoin down >1% US bond market shut for Columbus Day holiday Welcome to the home for real-time coverage of markets brought to you by Reuters reporters
U.S. stocks on the move as S&P 500 stays flat
The S&P 500 was flat on Tuesday, with AI-related gains offset by higher government bond yields. Reuters also highlighted several individual stock moves, including Snowflake, Cboe, Oracle and Carnival.
US equities gain as Magnificent Seven stocks lead charge
US equity index futures traded higher with the Nasdaq 100 up about 1%. The Magnificent Seven group of mega-cap tech stocks has regained market leadership this month, with an ETF tracking them up 2.5% compared to a 0.5% decline for the S&P 500.