S&P, Nasdaq open higher as AI stocks recover, earnings roll in
News Context
At a glance
- Markets Kick Tuesday with Gains, AI Stocks Pare Monday's Drop; Mixed Earnings Stir Volatility
- markets dipped their toes into Tuesday with a positive tone, as artificial intelligence-linked stocks regaining some of their lost footing from the previous day's pronounced tumble.
- The Dow Jones Industrial Average started the day with a 43-point bump, 0.10% up to touch 44,756.36.
U.S. Markets Kick Tuesday with Gains, AI Stocks Pare Monday’s Drop; Mixed Earnings Stir Volatility
U.S. markets dipped their toes into Tuesday with a positive tone, as artificial intelligence-linked stocks regaining some of their lost footing from the previous day’s pronounced tumble. The mixed batch of corporate earnings released overnight added a dash of volatility to the opening act.
The Dow Jones Industrial Average started the day with a 43-point bump, 0.10% up to touch 44,756.36. The S&P 500 also joined the party, rising 14.7 points, a 0.24% increase, to 6,026.97. Meanwhile, the Nasdaq Composite revved up, adding 76.4 points, 0.39% up, to open at 19,418.21. It seems the markets are eager to make up for Monday’s movers and shakers.