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Rich Asplund

Stocks Rally as AI-Fueled Worries Ease

THe SP Nasdaq Donald Trump ARE United States Dow Jones Dow Jones Industrial Average EXPD

The S&P 500 Index ($SPX) (SPY) today is up +0.50%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.75%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.90%. March E-mini S&P futures (ESH26) are up +0.45%, and March E-mini Nasdaq futures (NQH26) are up +0.87%.

Stock indexes are moving higher today, recovering some of Monday’s sharp losses. A rebound in software companies and chipmakers today from Monday’s rout is lifting the broader market. Stocks tumbled on Monday amid US trade uncertainty and concerns about the disruptive impact of artificial intelligence, after Citrini Research published a report outlining the potential risks it could pose to various segments of the global economy.

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