Stock Market: A Mixed Day Amid Economic Uncertainty

Major Indexes Near Record Levels

• S&P 500 and Nasdaq Composite: Slight gains
• Dow Jones Industrial Average: Dip observed

Investors await key economic reports, particularly on inflation, to guide next moves.

Tech Stocks in the Spotlight

Nvidia and AMD Strike Deal with U.S. Government

• Agreement: Share 15% of revenue from certain chips sold in China
• Result:
• AMD: Shares rose nearly 3%
• Nvidia: Shares increased by 0.5%

Other Big Tech Companies

• Tesla: Shares jumped over 4%
• Microsoft, Meta Platforms, Broadcom: Small gains
• Apple, Alphabet, Amazon: Slight declines after recent gains

Intel's Shares Surge 5%

• News: CEO Lip-Bu Tan to meet with the White House
• Context: Follows public criticism by President Donald Trump

Cryptocurrency-Related Stocks Gain

• Coinbase Global: Shares rose 6.5%
• MicroStrategy and MARA Holdings: Each climbed about 4%
• Driver: Rise in bitcoin's price to $120,300, nearing record high

Commodities and Currencies

• Gold Futures: Dropped 2.4% to $3,410 an ounce
• Context: After hitting a record high last week
• Clarification: White House states gold bars will not face import tariffs
• Oil Prices: Stabilized, rising 0.1% to $63.95 per barrel
• Context: After a seven-day decline
• 10-Year Treasury Yield: Fell slightly to 4.27%
• U.S. Dollar Index: Rose 0.4% to 98.58

Investors Focus on Economic Data

• Key Reports: Inflation data to gauge impact of recent tariffs and economic health
• Federal Reserve: Potential interest rate cuts on investors' minds