Business · Markets · 5 hrs ago

Nasdaq-100 rebounds after sell-off as Dow ends nearly flat

Nasdaq-100 rebounds after sell-off as Dow ends nearly flat

The Nasdaq-100 rose 1.17% on Monday as US technology shares tried to recover from a recent sell-off.

The index had fallen 7% from a record high reached less than two weeks earlier.

The Dow slipped 0.07%, while the S&P 500 gained 0.41%, leaving the broader market mixed.

Semiconductor stocks including Sandisk and Western Digital climbed as investors returned to shares recently hit by profit-taking.

Investors are still questioning whether AI infrastructure spending will earn enough, making the recovery vulnerable to disappointing results.

Tesla, Meta and SpaceX are among the companies investors are watching for strong margins and outlooks that could ease those concerns.

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Maximilian WienkeMarket analyst at Etoro
Investors are buying again after the sell-off
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The recovery remains vulnerable
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Disappointments could, by contrast, intensify concerns about financing AI infrastructure and increase pressure on the entire technology sector
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