The Nasdaq Composite climbed 290.85 points, or 1.11%, to finish at 26430.89. The S&P 500 followed suit with a 0.41% gain to 7690.73, though the Dow Jones Industrial Average lagged, slipping 36.38 points to 51966.03.
In section Market Quotes
Nasdaq Leads Market Rebound as AI Credit Concerns Recede
Wall Street sentiment shifted Tuesday as investors moved past recent anxieties regarding the debt exposure of AI-focused firms like CoreWeave. Traders redirected their attention toward forthcoming earnings reports, fueling a rally in tech shares that helped the Nasdaq Composite recover a significant portion of its losses from the previous week.
Bond markets reacted to persistent inflationary pressures, pushing Treasury yields higher as participants prepared for a possible Federal Reserve rate hike. The 10-year Treasury note yield increased 0.038 percentage point to 5.135%, marking its sharpest rise since early October. Meanwhile, November oil futures in New York jumped 2.2% to $103.66 a barrel. This surge occurred despite a recent dip in energy prices following President Trump’s decision to waive specific sanctions on Russian energy products, as traders remain wary of potential supply constraints in the Middle East.
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