The Dow Jones Industrial Average and S&P 500 staged a strong recovery on Wednesday, while the Nasdaq managed a slight gain. The yield fell to a new low, and gold prices hit a new high due to signs of investors seeking safe-haven assets.
In contrast, Alphabet (GOOGL) tumbled in after a large spending plan was announced. This caused shares to decline despite beating earnings expectations.
Other markets also saw significant movements: Arm Holdings beat earnings views but fell late after AI chip stocks rebounded on Wednesday. Meanwhile, AMD’s stock craters due to soft data center business results.
Source: https://www.investors.com/market-trend/stock-market-today/nasdaq-sp500-djia-google-stock-mattel-broadcom