U.S. stocks rebounded on Tuesday, led by the Nasdaq's 1.5% surge, as technology shares recovered from Monday's AI-driven sell-off triggered by Chinese startup DeepSeek's announcement of a competitive AI model. Nvidia surged 8.8%, recovering part of its historic 17% single-session loss that erased $593 billion in market value. Broadcom and Oracle added 2.6% and 3.6%, respectively, amid broad tech strength. The S&P 500 climbed 0.9%, supported by its technology sector, while Appleand Microsoft advanced 3.7% and 2.9%, respectively ahead of its earnings release. Meanwhile, Royal Caribbean soared 11.9% on upbeat profit forecasts, while General Motors tumbled 8.9% due to earnings concerns and potential U.S. tariffs on imported chips, pharmaceuticals, and steel. The Dow rose 0.3%, adding to the mixed sector performance, as investors anticipated the Federal Reserve's rate decision on Wednesday, widely expected to hold steady.(Cay) Newsmaker23
Source: Trading Economi
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