The major US stock indices are closing mixed, with the Dow industrial average ending higher, while the S&P 500 and Nasdaq indices finished modestly lower.
Stocks were able to rebound off their session lows after President Trump said an imminent bombing of Iran would be delayed at the request of Saudi Arabia and the UAE. The comments helped ease some of the geopolitical anxiety that had pressured markets earlier in the day. Oil prices backed away from their highs following the headlines, while equities recovered from their worst levels.
Despite the rebound, broader market sentiment remained cautious. The S&P and Nasdaq were unable to climb back into positive territory by the closing bell as investors continued to weigh geopolitical risks, higher energy prices, and lingering concerns about inflation and interest rates.
The final numbers are showing:
- Dow Industrial Average rose 160.02 points or 0.32% at 49690.96
- S&P index close down -5.45 points or -0.07% at 7403.04
- Nasdaq index close down -134441 points or -0.51% at 26090.73
The small cap Russell 2000 closed lower by -18.19 points or0.65% at 2775.10.
For the Dow 30, a solid day overall for the Dow — 23 of 30 names closed in the green. 3M (+4.32%) was the standout, while energy played a big role with Chevron (+2.63%) benefiting from the ongoing oil spike. On the losing side, Caterpillar (-2.76%) was the biggest drag, with NVIDIA (-1.33%) and Apple (-0.80%) also pulling back on what was broadly a rotation out of tech and industrials into defensives and consumer names.
Nvidia will announce their earnings on Wednesday after the close.
Looking at the broader indices, there was a notable split today — tech and AI infrastructure names dominated the losers with Nebius (-9.13%), Vertiv (-8.41%), and Corning (-6.91%) leading the declines, suggesting a rotation out of AI infrastructure plays. On the winners side, Roblox (+9.64%) was the standout, with healthcare names like Boston Scientific (+6.15%) and Intuitive Surgical (+4.45%) showing strength alongside energy via Shell (+3.78%).
Some of the winners and losers today shows:
