The S&P 500 closed higher on Tuesday, recovering from Monday’s sharp sell-off in tech stocks as investor focus turned to the Federal Reserve’s interest rate decision on Wednesday.
Market Recap
Dow Jones: +136 points (+0.3%)
S&P 500: +0.9%
Nasdaq Composite: +2%
Tech Sector Rebound Led by Nvidia
Nvidia (NASDAQ:NVDA) edged higher after suffering a $593 billion market-cap loss on Monday.
Wall Street Downplays DeepSeek Risk: Analysts suggest that cheaper AI solutions could drive broader AI adoption, rather than threaten major players.
“Magnificent 7” Earnings Ahead: Key tech giants like Microsoft (NASDAQ:MSFT), Meta (NASDAQ:META), Apple (NASDAQ:AAPL), and Tesla (NASDAQ:TSLA) are set to report earnings this week, keeping market attention on AI and chip stocks.
Earnings Highlights
General Motors (NYSE:GM): -9% after posting a Q4 loss due to large China-related charges.
Royal Caribbean (NYSE:RCL): +12% after strong earnings and a bullish 2025 outlook.
Investor Takeaway
With AI chips and tech earnings in focus, investors can track financial performance using the Full Financials API for real-time insights into key market players.