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The tech-heavy index was down another 0.4%, compared to a gain of 170 points, or 0.3%, for the Dow Jones Industrial Average. The Nasdaq was actually off its lows from earlier in the morning, but its pattern today is in line with how things shook out last week. Only nine of the 30 stocks in the Dow were falling.
The Dow Jones Industrial Average opened higher today, with the S&P 500 opening lower. The Nasdaq opened down after Asian tech stocks tumbled earlier. Alibaba, Samsung and Softbank all retreated in Monday trading.
The long-awaited scaling up of Tesla’s robo-taxi service might be close. The Nevada Transportation Authority has approved autonomous vehicle applications for Tesla, Alphabet’s Waymo, and Aviari, an Uber platform. Tesla will be allowed to deploy up to 5,000 robo-taxis over the coming 12 months.
Nvidia stock is reacting to news of the company making major AI investments and a potential price hike.
Stocks didn’t move much Monday morning after President Donald Trump threatened even more severe tariffs on Canada. The Dow was still up 162 points, or 0.3%. The S&P 500, which was weighed down by chip stocks, was still down 0.
A make-or-break week for the stock market kicked off with another wave of chip stock selling. The Nasdaq Composite fell 0.5%. Ahead of Nvidia’s blockbuster earnings report on Wednesday, the iShares Semiconductor ETF was down again.
Aug 24 (Reuters) - Wall Street's main indexes opened lower on Monday as investors weighed the U.S. pledge of an "economic D-Day" against Iran while awaiting AI giant Nvidia's quarterly results and a
AMGN, FCFS and DK delivered strong gains, highlighting Zacks research successes across several model portfolios.
SpaceX stock was lower early Monday after a busy few days for Elon Musk’s rocket and AI company. The move comes after SpaceX completed two Starlink mission over the weekend. Another Falcon 9 leaving from Vandenberg Space Force Base in California launched 27 Starlink satellites.
Everyone seems to have the same idea as Tesla these days. The latest example comes from Chinese EV maker XPeng Monday, it reported a second-quarter per-share loss of 10 cents from sales of $2.9 billion. Wall Street was looking for a 20-cent loss on $3 billion in sales.
These leveraged ETFs surged last week as biotech, AI, crypto and Bitcoin-linked stocks rallied despite rising Treasury yields.
News of the day for August 24, 2026
Aug 24 (Reuters) - S&P 500 and Nasdaq futures slipped on Monday as investors prepared for a pivotal week marked by the prospect of fresh U.S. sanctions on Iran, Federal Reserve Chair Kevin Warsh's
Federal Open Market Committee (FOMC) policymakers just acknowledged that Fed Chair Kevin Warsh's worst-case scenario for inflation is a genuine possibility.
Oil prices fell on Monday as investors braced for details of a US plan to isolate the Iranian economy that President Donald Trump billed as the "most crushing" financial operation ever against Tehran.Vice President JD Vance admitted the plan was a "delicate dance" because Iran will "try to apply economic pressure to us".
The U.S. imposed a 50% tariff on about $20 billion worth of Canadian imports after talks between the countries broke down late Friday night. The levy officially went into effect at 12:01 a.m. Saturday.
Stronger profits are changing the math for stocks again
Although evidence is mounting that an artificial intelligence (AI) bubble may be brewing, there’s something far more sinister lurking in the shadows.
Nvidia earnings headline a busy week with an all-important inflation reading
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