At midday on Aug. 25, the Nasdaq Composite rose 0.58% as tech selling pressure eased. The S&P 500 gained 0.23% and the Dow added 0.07%, while Dick's Sporting Goods fell 27%.
Canadian trade negotiators left the U.S. without a deal to stop President Trump's new tariffs. Canada is now signaling it is prepared to retaliate rather than wait for further talks.
Asian stock markets traded mostly lower on Tuesday following mixed cues from Wall Street. South Korean markets led regional declines amid weakness in semiconductor stocks on AI spending concerns.
Equity markets are under pressure while oil prices rise as traders assess geopolitical risks tied to Iran. Attention is also focused on upcoming Nvidia results.
German broker Scalable has opened its investment platform to major AI chatbots. The move expands access to its services through conversational AI interfaces.
Bitcoin rose 3% and approached the $80,000 level. Renewed inflows into spot bitcoin ETFs and improving risk appetite extended the cryptocurrency's rally.
Tata Consultancy Services secured a $1.5 billion contract to deploy AI for Porsche. The deal represents a significant AI services engagement for the Indian IT firm.
Indian shares were seen opening lower on Tuesday as investors weighed Middle East tensions and awaited Nvidia earnings. A warning of below-normal rainfall may also weigh on sentiment.
Bathla Group has entered administration, citing tax changes, softening sales, and rising construction costs. The developer's collapse highlights stress in Australia's residential property sector.