Market
The Dow Jones Industrial Average climbed 417 points, or 0.86%, to 49,222.03 on Tuesday. The gain came one day after heavy selling linked to fears about AI disruption and new trade tariffs. The S&P 500 rose 0.59% to 6,878.15. The Nasdaq Composite added 0.87% to 22,823.78.
Money shifts
Investors shifted money into large and stable companies. These companies form a big part of the Dow. The index is price-weighted, so gains in higher-priced shares can push it up quickly. Shares of Intel Corporation moved higher. Ford Motor Company also gained more than 4%. Buying in industrial and financial stocks helped lift the index. Many investors preferred value stocks over high-growth technology shares.
Tech stocks
Technology stocks showed mixed movement. Advanced Micro Devices jumped nearly 7% after announcing a graphics chip supply deal with Meta Platforms. The deal will support Meta’s AI systems. However, not all tech companies rose. NVIDIA Corporation traded slightly lower. IBM also faced pressure as investors reviewed new AI tools launched by Anthropic. Concerns remain about how AI may change jobs and business models.
Wait for Fed rates
President Donald Trump has introduced a 10% global tariff. The move raised fears of renewed trade tensions. However, markets showed signs of stabilizing as investors assessed the possible impact. Investors are waiting for signals on Fed interest rates. If rates stay higher for longer, growth stocks may face pressure. Stable companies could continue to attract buyers. In other markets, gold prices fell as investors moved back into equities. Copper prices rose, suggesting steady industrial demand. Bitcoin and Ether traded slightly lower.
