Modest Gains for US Stock Markets on Tuesday as Tech Stocks Struggle cover art

Modest Gains for US Stock Markets on Tuesday as Tech Stocks Struggle

Modest Gains for US Stock Markets on Tuesday as Tech Stocks Struggle

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 US stock markets finished Tuesday with modest gains across the board. The S and P five hundred rose seven point zero five points, or zero point one percent, closing at six thousand eight hundred forty three point two two. The Dow Jones Industrial Average climbed thirty two point two six points, or zero point one percent, to forty nine thousand five hundred thirty three point one nine. The Nasdaq composite also moved higher on the day[4].

Earlier in the session, markets had shown weakness with the S and P five hundred down twenty points, or zero point three one percent, and the Nasdaq down one hundred fifty five points[2]. However, the indices recovered into the close, though technology stocks remained under pressure with the sector experiencing a volatile trading session.

According to Investor's Business Daily, hosts Ed Carson and Ken Shreve discussed Tuesday's market action and highlighted key stocks to watch as part of their Stock Market Today coverage[1].

Technology companies faced headwinds throughout the day. Nvidia declined zero point seven four percent ahead of its earnings report scheduled for February twenty five, while Advanced Micro Devices dropped two point two four percent and Micron fell two point six three percent[2]. Alphabet also struggled, declining one point five percent.

The weakness in tech stocks stems partly from conflicting market narratives, according to JPMorgan analysts cited in reports[2]. Investors grapple with simultaneous concerns about whether artificial intelligence will disrupt software companies while also worrying that hyperscaler capital expenditures may not deliver returns.

Looking ahead, listeners should watch for Nvidia's earnings on February twenty five after the closing bell, as the company serves as a key bellwether for artificial intelligence sector momentum. Chief Executive Officer Jensen Huang has indicated demand for the company's Blackwell platform data center products remains strong[2].

Gold prices sank below five thousand dollars, while Bitcoin declined eight hundred eighteen dollars to sixty eight thousand thirty five dollars[2].

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