Stock market today: Dow leads gains, S&P 500, Nasdaq mixed as tech lags
Published On Feb 24, 2025, 1:04 PM
U.S. stock markets exhibited mixed performance on Monday, with the Dow Jones leading gains while the S&P 500 and Nasdaq were affected by weak tech stocks. Concerns around tariffs and inflation were at the forefront as investors awaited Nvidia's earnings report this week, amidst broader volatility in the tech sector. Notably, Apple announced a $500 billion investment in the United States, providing some stability for its stock, while Tesla's stock faced downward pressure due to concerns over demand and CEO Elon Musk's activities. The upcoming PCE report is also highlighted as an important economic indicator.
Stock Forecasts
NVDA
Negative
Nvidia's earnings report is awaited closely, coupled with tariff concerns which could hamper its performance in the short-term, making it less attractive for immediate investment.
AAPL
Positive
Apple's substantial investment suggests a confident outlook towards growth despite tariff risks, likely supporting its stock price in the near term.
PLTR
Negative
Palantir's exposure to government contracts may be at risk with budget cuts looming, impacting stock performance negatively.
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