Wall Street is mixed once again, as traders digest earnings reports from several notable megacap tech companies
Shares of General Dynamics Corp. GD shed 2.69% to $262.57 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.92% to 6,067.70 and the Dow Jones Industrial Average DJIA rising 0.31% to 44,850.35.
The SPDR Dow Jones Industrial Average ETF Trust (DIA) is one of the largest and most liquid U.S. equity ETFs available to investors.
The stock's fall snapped a three-day winning streak.
Stock futures are mixed following this morning's gross domestic product (GDP) data. The economy grew at a 2.3% annualized pace in the fourth quarter, which is slightly below expectations of a 2.5% increase.
Shares of Nordson Corp. NDSN slipped 1.15% to $217.97 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.47% to 6,039.31 and Dow Jones Industrial Average DJIA falling 0.
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Nvidia, S&P 500, and Nasdaq erase earlier gains as AI fears persist. Investors brace for earnings and Fed signals amid volatile market conditions.
Stock index futures gained on Tuesday, as Wall Street hopes for a recovery after Monday's tech-led selloff fueled by China's DeepSeek app.
The FTSE 100 ( ^FTSE) and European stocks were in positive territory on Tuesday, while US indices lacked direction, after a panicked day in markets as tech investors digested the release of DeepSeek's R1 AI model, which has left industry watchers questioning lofty valuations of chip firms.
Some "value sectors" may outperform this year, said Gordon. As long as the labor market and economy remain strong, that "creates solid ground for value to catch back up to growth," he said, after growth stocks surged last year to crush value.
Stocks were down sharply Monday on concern about an artificial intelligence stock bubble popping because of the emergence of Chinese startup DeepSeek.