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Stocks Settle Higher as AI Disruption Fears Ease
Barchart - Tue Feb 24, 3:33PM CST
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.77%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.76%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.09%. March E-mini S&P futures (ESH26) rose +0.76%, and March E-mini Nasdaq futures (NQH26) rose +1.08%.
Stock indexes settled higher on Tuesday, recovering some of Monday’s sharp losses. A rebound in software companies and chipmakers on Tuesday from Monday’s rout lifted the broader market. Software and chipmakers moved higher Tuesday after AI startup Anthropic PBC emphasized partnerships with companies and said its new AI tools for its Claude Cowork agent software are to integrate rather than displace existing systems.
Stocks tumbled on Monday amid US trade uncertainty and concerns about the disruptive impact of artificial intelligence, after Citrini Research published a report outlining the potential risks it could pose to various segments of the global economy.
Stocks added to their ga... Read more
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Stocks Settle Higher as AI Disruption Fears Ease Barchart - Tue Feb 24, 3:33PM CST
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.77%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.09%. March E-mini...
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