Stock Market

Nasdaq, S&P 500 head for third loss in a row as Nvidia and Microsoft slip


US stocks were mixed on Monday as tech stocks faltered, with investors weighing the prospects for AI ahead of this week’s Nvidia (NVDA) earnings.

The Dow Jones Industrial Average (^DJI) rose 0.3% on the heels of its worst week since October. The S&P 500 (^GSPC) hugged the flat line while the tech-heavy Nasdaq Composite (^IXIC) fell 0.6%.

Stocks were attempting to rebound after Friday’s steep declines capped a losing week, which was marked by data showing American consumers and businesses are becoming concerned about Trump’s tariff plans.

How well Nvidia is navigating the looming threat of those tariffs will be closely watched when the AI chipmaker reports its results on Wednesday — the highlight of the week. Eyes are also on Big Tech’s demand for AI and risks from China-based DeepSeek’s lower-cost tech.

DJI – Free Realtime Quote USD

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Nvidia shares reversed earlier gains while Microsoft (MSFT) lost ground after an analyst report that it is pulling back on data center construction. But Apple’s (AAPL) stock tipped higher after it pledged to spend and invest $500 billion in the US.

Key events this week include the January report for the Personal Consumption Expenditure (PCE) index on Friday. The PCE index is the Federal Reserve’s preferred measure for inflation. Reports on US GDP, the housing market, and consumer confidence are also due in the coming days.

LIVE 12 updates

  • Ines Ferré

    Robinhood says a SEC crypto investigation is over

    Yahoo Finance’s David Hollerith and Jennifer Schonberger report:

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  • Ines Ferré

    Starbucks to lay off 1,100 employees as CEO works on turnaround

    Yahoo Finance’s Brooke DiPalma reports:

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  • Ines Ferré

    S&P 500, Nasdaq erase gains as tech slides

    Stocks erased early session gains by 10:10 a.m. ET as tech stocks slipped.

    The Dow Jones Industrial Average (^DJI) hugged the flat line, while the S&P 500 (^GSPC) fell 0.3%. The tech-heavy Nasdaq Composite (^IXIC) also pared gains to fall 0.9%.

    Shares of EV giant Tesla (TSLA) dropped 3%, and AI chip giant Nvidia (NVDA) erased gains of 2% to trade more than 1% lower

  • Stocks rebound as investors await Nvidia results this week

    US stocks rebounded on Monday following a sharp sell-off on Friday over concerns about the economy as investors looked ahead to Nvidia (NVDA) earnings on Wednesday.

    The Dow Jones Industrial Average (^DJI) climbed 0.5%, while the S&P 500 (^GSPC) gained 0.4%. The tech-heavy Nasdaq Composite (^IXIC) added 0.4%

    Tech equities revived somewhat as investors awaited the earnings report from Nvidia in the coming days. The AI chip giant’s shares rose 2% in early trading.

  • Palantir stock falls premarket as Pentagon budget cuts loom

    Palantir stock (PLTR) was down more than 4% in premarket trading Monday, as shares of the data analytics company were poised to extend last week’s losses.

    Bloomberg reports:

    Read more here.

  • Domino’s stock falls premarket after earnings miss Wall Street’s estimates

    Domino’s Pizza stock (DPZ) slid more than 4% premarket after the pizza chain reported fourth quarter revenue and earnings that missed the Street’s mark.

    Yahoo Finance’s Brooke DiPalma reports:

    Read more here.

  • Apple bets $500B on US investment push as Trump tariffs loom

    Apple (AAPL) said on Monday it will spend and invest more than $500 billion in the US over the next four years. It will build a new factory, boost the budget for advanced manufacturing, and create 20,000 jobs focused on AI and engineering.

    The move comes as CEO Tim Cook works to reestablish a relationship with President Trump, amid a risk that Apple could take a hit from a trade standoff between the US and China.

    Apple stock slipped around 1% in premarket trading after the news.

    Yahoo Finance’s Josh Lipton reports:

    Read more here.

  • Jenny McCall

    Good morning. Here’s what’s happening today.

  • German stocks jump as investors embrace election result

    German stocks surged on Monday after a win for conservatives in Sunday’s election opened the door to a mainstream coalition government and increased spending.

    The benchmark DAX (^GDAXI) index of stocks in Frankfurt jumped roughly 1% on the heels of a victory for Friedrich Merz and CDU-led conservative parties. Meanwhile, the MDAX (^MDAXI) gauge of stocks in medium-sized companies soared 2.6%.

    Gains for the pan-European Stoxx 600 (^STOXX) were more limited, up about 0.3%. Prosus (PRX.AS) pulled back almost 7% amid its deal to buy Just Eat Takeaway.com (JTKWY, T5WA.F), dragging on the index, while the food delivery company’s shares rose 5%.

    In London, the FTSE 100 index (^FTSE) put on 0.3%, but the CAC (^FCHI) in Paris retreated 0.2%. A 10% loss for electric gear maker Schneider Electric (SU.PA, SBGSF) weighed on the French benchmark as investors weighed signs of a pullback in data center spending by Microsoft (MSFT).

  • Alibaba makes shift to AI, announcing plans to invest $53 billion

    Alibaba Group Holding Ltd. (BABA) is poised to make moves on the market open after announcing that the e-commerce giant will pivot into AI infrastructure.

    Bloomberg reports:

  • Gold keeps near record as inflation drives haven demand

    Gold (GC=F) buyers are eyeing a ninth consecutive week of gains. The commodity holds strong around record prices as investors seek stable assets in a volatile market.

    Bloomberg reports

  • Australian ‘Big Four’ bank shares calm after after $40 billion sell-off

    Australian bank stocks are leveling after cratering through the start of 2025.

    Reuters reports:



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