U.S. STOCKS WERE MIXED, WITH THE S&P 500 FLAT, DOW JONES UP 0.5%, AND NASDAQ 100 DOWN 0.3% AS CHIP STOCK WEAKNESS OFFSET BROADER MARKET GAINS. SEMICONDUCTOR STOCKS EXTENDED THEIR DECLINE AMID GROWING INVESTOR CONCERNS OVER WHETHER MASSIVE AI INVESTMENTS WILL GENERATE SUFFICIENT RETURNS. OIL PRICES FELL SHARPLY, WITH WTI CRUDE DOWN 8.2%, AS SIGNS OF U.S.-IRAN DIPLOMACY REDUCED IMMEDIATE SUPPLY DISRUPTION FEARS. TREASURY YIELDS DECLINED AS EASING OIL PRICES HELPED REDUCE SHORT-TERM INFLATION CONCERNS AHEAD OF THE FEDERAL RESERVE DECISION. THE FED IS WIDELY EXPECTED TO HOLD INTEREST RATES STEADY, THOUGH MARKETS CONTINUE TO PRICE IN THE POSSIBILITY OF A RATE HIKE LATER THIS YEAR. INVESTOR FOCUS REMAINS ON BIG TECH EARNINGS, WITH RESULTS EXPECTED TO TEST WHETHER AI SPENDING CAN JUSTIFY CURRENT VALUATIONS. NVIDIA EXPANDED ITS AI INVESTMENT PUSH, ANNOUNCING MAJOR PARTNERSHIPS AND INVESTMENTS WORTH HUNDREDS OF BILLIONS OF DOLLARS. MARKET SENTIMENT CONTINUES TO HINGE ON AI EARNINGS, FED POLICY, AND U.S.-IRAN DIPLOMATIC DEVELOPMENTS.

U.S. STOCKS WERE MIXED, WITH THE S&P 500 FLAT, DOW JONES UP 0.5%, AND NASDAQ 100 DOWN 0.3% AS CHIP STOCK WEAKNESS OFFSET BROADER MARKET GAINS. SEMICONDUCTOR STOCKS EXTENDED THEIR DECLINE AMID GROWING INVESTOR CONCERNS OVER WHETHER MASSIVE AI INVESTMENTS WILL GENERATE SUFFICIENT RETURNS. OIL PRICES FELL SHARPLY, WITH WTI CRUDE DOWN 8.2%, AS SIGNS OF U.S.-IRAN DIPLOMACY REDUCED IMMEDIATE SUPPLY DISRUPTION FEARS. TREASURY YIELDS DECLINED AS EASING OIL PRICES HELPED REDUCE SHORT-TERM INFLATION CONCERNS AHEAD OF THE FEDERAL RESERVE DECISION. THE FED IS WIDELY EXPECTED TO HOLD INTEREST RATES STEADY, THOUGH MARKETS CONTINUE TO PRICE IN THE POSSIBILITY OF A RATE HIKE LATER THIS YEAR. INVESTOR FOCUS REMAINS ON BIG TECH EARNINGS, WITH RESULTS EXPECTED TO TEST WHETHER AI SPENDING CAN JUSTIFY CURRENT VALUATIONS. NVIDIA EXPANDED ITS AI INVESTMENT PUSH, ANNOUNCING MAJOR PARTNERSHIPS AND INVESTMENTS WORTH HUNDREDS OF BILLIONS OF DOLLARS. MARKET SENTIMENT CONTINUES TO HINGE ON AI EARNINGS, FED POLICY, AND U.S.-IRAN DIPLOMATIC DEVELOPMENTS.

Source:https://x.com/FirstSquawk/status/2081836067821683157