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Kiplinger
Kiplinger
Business
David Dittman

Nasdaq Slides 1.4% on Big Tech Questions: Stock Market Today

(Image credit: Getty Images)

Stocks opened higher on strong results and guidance from a high-profile software name with big artificial intelligence plans. Momentum stalled early, though, as it appears recent success for Palantir Technologies has investors, traders and speculators wondering whether and when similar measurable growth will happen for other companies investing in AI at scale.

Tuesday's release of the Job Openings and Labor Turnover Survey (JOLTS) for December by the Bureau of Labor Statistics (BLS) is delayed pending the resolution of the latest government shutdown. Friday's release of the January jobs report is also delayed.

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