Stock market today: Nasdaq, Dow and S&P 500 little changed as AI trade powers market - Yahoo Finance
US markets were mixed as AI optimism continued to support the Nasdaq, while oil prices fell amid geopolitical uncertainty. President Trump signaled that a US-Iran deal is unlikely until after the midterm elections.
Why it matters
Market performance is increasingly tied to both AI-driven tech sector growth and the outcomes of complex international diplomatic negotiations.
US stocks were mixed on Tuesday, with the Nasdaq Composite (^IXIC) notching a second record high close in a row as oil prices eased. Speaking to the UN General Assembly, President Trump stated that a US-Iran deal would occur after the US midterm elections in November.The S&P 500 (^GSPC) was unchanged, while the Nasdaq increased 0.4%. Meanwhile, the Dow Jones Industrial Average (^DJI) fell 0.3%.Stocks kicked off the week with strong gains as confidence in artificial intelligence and falling oil prices spurred a rally on Wall Street. US and Chinese officials wrapped up talks ahead of a capstone meeting between President Trump and Chinese leader Xi Jinping. Treasury Secretary Scott Bessent called the preliminary talks "very successful," lifting hopes of cooperation on artificial intelligence.
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