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Sensex Today | Stock Market LIVE Updates: US stocks tumbled on Thursday and the Nasdaq posted its steepest daily drop since early June as a batch of high-profile earnings reports ignited fresh fears about the AI spending race. The S&P 500 ended deep in negative territory. But the tech-laden Nasdaq, dragged down by microchips, suffered a steeper loss, falling 2.6% in the wake of a spate of high-profile AI-related earnings results. The Dow Jones Industrial Average rose 11.89 points, or 0.02%, to 52,867.98, the S&P 500 lost 93.74 points, or 1.21%, to 7,663.43 and the Nasdaq Composite lost 694.00 points, or 2.60%, to 26,008.86.
Trends on GIFT Nifty indicate a positive opening for the broader index in India, with a gain of 127 points or 0.56 percent. The Nifty futures were trading around 22,841.50 level.
Nifty50 Today | HSBC maintains 'hold' rating on Swiggy, cuts target price to Rs 240/share from Rs 315/share
#1 Operating metrics improved in Q2, but confidence in long-term guidance remains weak