US stock market today: Why the Dow is up but S&P 500 and Nasdaq are sinking as Alphabet jumps and Nvidia tumbles on Meta–Google chip talks
US stock market showed mixed signals on Tuesday, November 25, with the Dow Jones up 0.6%, the S&P 500 flat, and the Nasdaq down 0.3%. Monday’s tech rally couldn’t carry over as investors weighed retail sales, inflation data, and the Federal Reserve’s next move. Despite the bounce, all three indexes remain on track for monthly losses, as fears of high valuations in AI and tech stocks continue to worry traders. Tech shares led the day’s swings. 4% after reports that Meta plans to spend billions on AI chips fr ...