BUSINESSQUARTZ
The Dow rallies 659 points on falling oil and earnings beats — even as chips kept dropping
The Dow Jones Industrial Average surged 659 points driven by falling oil prices and strong earnings reports. However, chip stocks declined for a fourth consecutive day, pulling down the Nasdaq as investors shifted funds to consumer staples and financial sectors.
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- The Dow jumps 800 points as oil prices ease, but slumping AI stocks keep Wall Street in check
- The Dow jumps 800 points as oil prices ease, but slumping AI stocks keep Wall Street in check
- The Dow jumps 900 points as oil prices ease, but slumping AI stocks keep Wall Street in check
- Oil prices climb back toward $100, and US stocks halt their record-breaking rally
- Most of Wall Street rises as oil prices ease, even as chip stocks keep dropping
- Most of Wall Street rises as oil prices continue to ease, even as chip stocks keep dropping