Nasdaq Hits a Record as Chips Lead
A combined quick take on Tuesday's session: the Nasdaq closed at a record on AI and Muse momentum, financials and energy lagged for a second day, and markets stayed focused on Thursday's Trump-Xi summit
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→US and Iran Hold Three-Hour Talks at the UN as Trump Says There's 'A Lot of Momentum' for a Deal
Trump envoys Steve Witkoff and Jared Kushner met for three hours with Iran's foreign minister on the sidelines of the UN General Assembly, with Trump striking an optimistic tone even as Iran frames the talks around reopening the Strait of Hormuz
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Recap
→Stocks Mixed as Wall Street Awaits Thursday's Trump-Xi Summit, Oil Extends Slide
The S&P 500 held nearly flat, the Dow slipped, and chip stocks kept climbing as investors settled into a holding pattern ahead of this week's biggest geopolitical catalyst.
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Recap
→Wall Street Goes All In on Meta's Muse
UBS says Muse is outpacing ChatGPT on iOS downloads, JPMorgan calls it a potential category leader, and Jefferies raised its Meta price target to $875 as the AI agent's rise lifts chip stocks.
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Recap
→Stocks Rally as Oil Falls, Chips Surge Before Trump-Xi Summit
The S&P 500 rose 1.49% and the Nasdaq 2.26% as oil fell and chip stocks surged on Meta's Muse AI agent, ahead of Thursday's Trump-Xi summit.
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Recap
→Why Cybersecurity Stocks Are on Fire Today
CrowdStrike, Okta, and Cloudflare are surging while chipmakers slide, as Wall Street bets that AI safety warnings from Anthropic, OpenAI, and xAI mean more spending on security, not less.
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