Stock market today: Dow sinks 300 points
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Live updates on markets and the top finance, economics and business stories. Plus the latest on the Dow, S&P 500 and Nasdaq.
A Bloomberg News report that China is now going to let its top companies buy Nvidia's H200 microchip helped move shares of the chipmaker by 1% in premarket trade, as well as lift U.S. stock market futures off their lows.
Intel stock slips ahead of Q4 earnings as traders lock in gains after an 11.7% rally and focus on 2026 outlook.
Bank earnings start today, and consumer inflation data are due. Follow along for live updates on markets and the top finance, economics and business stories. Plus the latest on the Dow, S&P 500 and Nasdaq.
Banks and credit-card stocks dragged the Dow Jones Industrial Average and the S&P 500 lower on Tuesday, while December CPI inflation report showed inflation meeting expectations.
Stocks suddenly dropped Wednesday morning following a report that said Microsoft has reduced its sales targets for AI-related products, underscoring the fragile nature of the current artificial-intelligence-driven market optimism. The S&P 500 fell 0.2%.