Nasdaq ends higher, tech shares recover from sell-off

Quick Summary:

US stocks ended higher on Tuesday, with Nvidia and other artificial intelligence-linked technology shares recovering from sharp losses the previous day as investors snapped up bargains.

Boeing shares ended up 1.5%, though it reported its biggest annual loss since 2020.

The Dow rose 136.77 points, or 0.31%, to 44,850.35, the S&P 500 gained 55.42 points, or 0.92%, to 6,067.70 and the Nasdaq gained 391.75 points, or 2.03%, to 19,733.59.

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Category: EconomyBusiness

Markets: Malaysia

Topics: AIBounceBack NvidiaRebound EarningsSeason TariffConcerns NasdaqSurge TechRally MarketOptimism /Business/ Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 06:26:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 567 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © The Star

News ID: 25592005

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 days ago

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