Stock Market News

U.S. indexes rebounded Monday as stronger-than-expected manufacturing data and fading overnight volatility lifted risk appetite. The S&P 500 closed near recent peaks, the Dow surged about 515 points, and the Nasdaq climbed after early tech-led pressure. Treasury yields edged up and sector rotation favored defensives amid AI and crypto-driven swings.

A dramatic 24-hour swing in big-cap tech reshaped index leadership — Oracle surged on a massive cloud backlog tied to AI contracts, while Microsoft plunged after cloud-growth and margin warnings. Nasdaq and S&P futures softened, and select chip and infrastructure names moved higher, signaling a rapid rotation within technology-related sectors.

U.S. indexes hovered near record highs as the S&P 500 closed above 7,000, propelled by AI-centered gains in Nvidia and a 19% rally in Seagate. Fed rate pause, SpaceX IPO talk and wild swings in gold reshaped investor flows over the past 48 hours.

Kevin Warsh’s Fed nomination triggered a yield and dollar surge that pressured the S&P 500, Dow and Nasdaq. Gold and silver plunged while selective names—Sandisk, Verizon and Chevron—outperformed. This article summarizes the latest moves, drivers, and practical implications for investors.

Earnings season produced sharp divergences across major U.S. indices: Microsoft and ServiceNow plunged on cautious guidance despite beats, Meta and Apple rallied, and cyclical names from Southwest to Sandisk saw outsized moves. Oil, Treasury yields and AI demand are shaping near-term positioning.

The S&P 500 briefly topped 7,000 as the Fed held rates, tech and chip earnings lifted the Nasdaq, gold spiked on dollar weakness, and Medicare payment news pressured insurers.