Nasdaq Composite Rises 1% as Chip and AI-Linked Stocks Rebound
The tech-heavy Nasdaq Composite led Wall Street with a 1% advance Monday as investors returned to chip and other AI-related stocks after last week’s selloff.
Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
30 results loaded, newest first. More results are available. The latest changes are still being indexed. Try again shortly for updated results.
The tech-heavy Nasdaq Composite led Wall Street with a 1% advance Monday as investors returned to chip and other AI-related stocks after last week’s selloff.
The Nasdaq composite is up more than 1%, while the Dow and oil prices are muted and Treasury yields are moderately higher.
Technology stocks rebounded Monday after a sharp Friday selloff, while the chip sector’s losing streak was poised to end.
The Nasdaq composite has jumped over 1.5%, while the Dow industrials are muted. Oil is slipping and Treasury yields are moderately higher.
The Nasdaq Composite has risen more than 1% while the Dow is muted; oil is slipping and Treasury yields are stable. European major stock indexes are lower.
AI stocks and the broader market are staging a comeback after Friday's selloff, according to Barron's.
Technology stocks rebounded Monday, and the chip sector's losing streak of more than 20 years could snap. The report says concerns over artificial-intelligence debt remain.
(Updates with afternoon trading) IMF urges LatAm to cut debt, lift productivity while tailwinds last Bolsonaro's lead over Lula narrows, polls this week show World Bank sees up to $5 billion in possible loans to Venezuela, report says By Sudeshna Ghoshal and Johann M Cherian Oct 16 (Reuters) — Latin American currencies
Dow gains, S&P 500 edges down, Nasdaq declines Materials lead S&P 500 sectot gainers; just tech, communication services red Euro STOXX 600 index up ~0.7% Dollar falls; US crude, bitcoin slip; gold up slightly US 10-year Treasury yield flat at ~5.09% Welcome to the home for real-time coverage of markets brought to you b
Indexes: Dow up 0.43%, S&P down 0.09%, Nasdaq down 0.70% Banks gain, lift Dow to one-month high Chips, neocloud companies slip (Updates to market open) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 16 (Reuters) — The benchmark S&P 500 was muted on Friday as worries about cracks in the AI trade pressured semiconductor sto
Futures: Dow down 0.04%, S&P up 0.04%, Nasdaq down 0.28% Tesla, SpaceX gain after unveiling redesigned Roadster Chips, neocloud companies slip again in premarket trading (Updates with prices) By Tharuniyaa Lakshmi and Purvi Agarwal Oct 16 (Reuters) — US stock index futures were muted on Friday, as technology stocks cam
(For a Reuters live blog on US, UK and European stock markets, click LIVE/ or type LIVE/ in a news window) Futures: Dow up 0.39%, S&P up 0.16%, Nasdaq down 0.08% Oct 16 (Reuters) — US stock index futures were mixed on Friday, as technology stocks came under fresh pressure on worries about cracks building in the AI trad
(Updates for market close) By Bharath Rajeswaran and Vivek Kumar M Oct 16 (Reuters) — Indian share benchmarks posted their best weekly performance in six months on Friday, powered by a rally in IT stocks after stronger-than-expected quarterly earnings and a selloff in global AI markets that prompted value-buying elsewh
Yields moved away from multiweek lows as equities rebounded after a technology-stock selloff. The increases were limited.
Miners rise 3.3%, but down for seventh week Tech stocks rebound; WiseTech jumps 9% Banks ease after Thursday's rally (Updates to close) By Nichiket Sunil and Shravya Marakini Oct 16 (Reuters) — Australian shares posted their highest close in 5 weeks on Friday, as easing concerns over a global equity selloff sparked buy
(Updates for morning trade) By Bharath Rajeswaran and Vivek Kumar M Oct 16 (Reuters) — Indian shares recovered from a muted start on Friday, led by IT firms after Tech Mahindra's upbeat quarterly earnings, while concerns over persistently high oil prices as well as US inflation kept a lid on gains. On Friday, the Nifty
The TAIEX, Taiwan’s benchmark stock index, rose 518 points, or 1.1%, to 47,488 around noon on Friday, rebounding after falling in the previous session and touching its lowest level since September 17, a day earlier. The rebound tracked gains in Asian market peers, following an upbeat session on Wall Street overnight as
US dollar droops toward weekly loss on lower US Treasury yields Bond markets stabilize after rush for safe havens on Thursday Oil edges lower as markets weigh Middle East risks TOKYO, Oct 16 (Reuters) — Asian stocks rebounded on Friday following heavy selling in the previous session when investors dumped tech shares as
Oct 16 (Reuters) — Indian shares are likely to open higher on Friday, extending their recovery from the previous session, as a drop in US Treasury yields and changes to the closing auction session by the local markets regulator support sentiment. GIFT Nifty futures were at 23,082 at 7:52 a.m. IST, indicating a positive
The Shanghai Composite rose 0.4% to 3,722 on Friday, while the Shenzhen Component gained 0.6% to 11,891, with both indices rebounding from more than one-year lows hit in the previous session as investors took a breather after a prolonged selloff. Still, concerns over renewed China-EU trade tensions persisted as the blo
Asian stocks were set to rebound Friday as concerns over stretched artificial-intelligence valuations eased, putting the region on course for its first gain this week after a four-day slide.
U.S. stocks were mixed at midday Monday as a selloff in AI-infrastructure names dragged the Nasdaq 100 and small caps lower, while the Dow edged higher and oil climbed back above $93 a barrel. President Donald Trump said Monday that Russia and Ukraine had agreed to an “energy ceasefire” with immediate effect, a claim M
Bitcoin climbed to nearly $83,000 as investors rotated back into cryptocurrency shares. The move came amid rising global tensions and energy costs.
Dow Jones, S&P 500 and Nasdaq futures were higher early Friday as AI stocks recovered from Thursday's selloff. Delta Air Lines missed views and guided low, while SpaceX said it plans to buy wireless spectrum from Grain Management subject to approval.
Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
Indian equities closed sharply higher on Tuesday, extending the rebound from Friday's two-year low with fresh support from banks and industrials ahead of the Reserve Bank of India's rate decision tomorrow. The S&P BSE Sensex rose 1% to 73,068 and the NSE Nifty 50 added 1% to 22,776. Kotak Mahindra Bank and Axis Bank ro
Morgan Stanley advised investors to buy the dip in storage stocks Seagate Technology (STX) and Western Digital (WDC), arguing that recent selloffs due to competition fears were an overreaction.
Western Digital Corp. (WDC) shares rose about 1.7% in premarket trading Monday, rebounding after a 10.2% selloff on Friday sparked by concerns over Toshiba’s plans to expand hard disk drive capacity for AI data centers. Seagate Technology Holdings Plc (STX) also gained about 1.6% in premarket tradi…
U.S. stocks traded mixed but mostly higher at midday Friday as crude oil retreated on hopes for an Iran-brokered reopening of the Strait of Hormuz, even as Treasury yields pushed toward their highest level since 2007 after this week's Trump-Xi trade summit. Washington and Beijing extended their trade truce without anno
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.