Stocks moved higher Tuesday morning as the market rebounded from the sharp selloff that kicked off the week.
The Dow Jones Industrial Average and S&P 500 were up 0.1% and 0.4%, respectively, in recent trading, while the tech-heavy Nasdaq Composite added 1.1%. The S&P 500 and Nasdaq fell sharply on Monday, with technology stocks posting their worst one-day performance since 2020, as the early success of Chinese startup DeekSeek’s AI models sparked concerns about U.S. leadership in AI and the amount of money large companies are spending to develop the technology.
Several of the stocks that were hit hardest yesterday were gaining ground on Tuesday. AI chipmaker Nvidia (NVDA), which shed nearly $600 billion in market value yesterday, was up 2%. Shares of Oracle (ORCL), which had soared last week on news that the software maker had teamed up with OpenAI and SoftBank on a $500 billion project to develop AI infrastructure, rose 3% after yesterday’s 14% decline. Nuclear power company Vistra was up about 0.5%, recovering slightly from a near-30% drop Monday that was fueled by fears demand for power to develop AI could wane in light of DeepSeek’s apparent cost-efficiency.
Large-cap technology stocks were mostly higher, led by a 4% gain for Apple (AAPL). Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN) and Meta Platforms (META) also advanced, while Tesla (TSLA) slipped about 2%. Investors are eagerly awaiting earnings reports from Microsoft, Meta and Tesla, which are due to be released on Wednesday, as well as Apple’s quarterly results on Thursday.
On the earnings front today, Boeing (BA) shares were up 4% after the embattled aircraft manufacturer reported a fourth-quarter loss that matched the preliminary results it issued last week. General Motor (GM) shares were down 10% even as the automaker reported better-than-expected earnings, while defense contractor Lockheed Martin (LMT) dropped nearly 8% after disappointing quarterly results.
While the earnings reports continue rolling in, investors will also be focused on the Federal Reserve, which is scheduled to begin a two-day policy meeting today. The Fed, which has cut its benchmark rate at each of its last three meetings dating back to September, is widely expected to leave the rate unchanged this week, but market participants are eager to hear the Fed’s views on economic conditions and how they could affect future rate decisions.
The yield on the 10-year Treasury, which is sensitive to expectations for interest rates, was at 4.57% this morning, up from 4.53% at Monday’s close.
Bitcoin was around $102,200, after dropping below $100,000 yesterday amid the stock market selloff. The digital currency has gained 50% since the U.S. presidential election and hit a record high of more than $109,000 last week on hopes that the crypto-friendly Trump White House will adopt policies that support the asset class.
Gold futures were up 0.8% at around $2,760 an ounce in recent trading, while WTI crude oil futures were little changed.
Royal Caribbean Stock Jumps to All-Time High
1 hr 12 min ago
Royal Caribbean Group (RCL) led S&P 500 gainers Tuesday morning, with shares rising more than 12%, after the cruise ship operator posted better-than-expected profit and gave strong guidance, boosted by price hikes and purchases by passengers on its ships.
The carrier reported fourth-quarter earnings per share (EPS) of $2.02, while analysts surveyed by Visible Alpha were looking for $1.50. Revenue increased 13% year-over-year to $3.76 billion, basically in line with forecasts.
Royal Caribbean said it benefited from “higher pricing across all key products and better onboard revenue.” It added that close-in demand “remained strong on both a rate and volume basis.” In addition, the company noted that bookings have accelerated since the last earnings call, “resulting in the best five booking weeks in the company’s history.”
CFO Naftali Holtz explained that Royal Caribbean’s focus on “moderate capacity growth, moderate yield growth, and strong cost discipline—is expected to deliver 23% adjusted earnings growth in 2025.”
The company also announced that it would begin taking bookings this year on its new river cruises, which are set to start on 10 new ships in 2027.
TradingView
Royal Caribbean shares were at an all-time high this morning and have more than doubled over the past 12 months.
Boeing Shares Soar After Earnings Report
1 hr 47 min ago
Boeing (BA) shares surged more than 6% Tuesday morning after the plane maker reported a fourth-quarter net loss in line with its recently issued preliminary results, closing out a difficult year that saw it burn through billions amid safety investigations and a strike.
The company said it lost $3.86 billion, or $5.46 per share, on revenue that fell 31% year-over-year to $15.24 billion, essentially matching its preliminary results. Boeing also reported operating cash flow of negative $3.45 billion after saying it expected to report negative $3.5 billion.
Tuesday’s results were Boeing’s first since a nearly two-month strike by its union machinists was resolved in November, with the company looking to ramp up production and deliveries this year after they declined sharply in 2024.
In addition to the strike, Boeing’s difficult year included investigations from regulators, including after a midair detachment of a door plug on an Alaska Airlines (ALK)Â flight last January.
TradingView
Despite Tuesday’s gain, Boeing shares are still down about 10% over the past 12 months.
Nvidia Price Levels to Watch After Monday Plunge
2 hr 48 min ago
Nvidia (NVDA) shares rose in early trading after plunging Monday amid concerns that a powerful, cost-efficient AI model developed by Chinese startup DeepSeek could herald a reduction in big tech’s investment in the chipmaker’s pricey AI offerings.
Nvidia shares fell 17% on Monday, breaking down below a seven-month rising wedge and finishing below the closely watched 200-day moving average (MA), potentially setting the stage for follow-through selling. Nvidia shed nearly $600 billion in market capitalization yesterday.
Importantly, Monday’s selloff occurred on the highest daily trading volume since May, indicating significant portfolio rebalancing by larger market participants.
Investors should watch crucial support levels on Nvidia’s chart around $102, $96, and $76, while also monitoring a key overhead area near $130.
The stock was up slightly at around $119 in early trading.
Read the full technical analysis piece here.
Major Stock Index Futures Mixed
4 hr 26 min ago
Futures tied to the Dow Jones Industrial Average
TradingView
S&P 500 futures were up 0.2%.
TradingView
Nasdaq 100 futures were also up 0.2%.
TradingView