US stocks today: Nasdaq rebounds as chipmakers rally, Apple slides ahead of US midterm results
US stocks ended mixed as the Nasdaq rebounded on gains in chipmakers and AI linked heavyweights ahead of the midterm election results. Nvidia and Micron advanced, while Apple slipped over concerns about rising memory chip costs and holiday quarter margins. Investors also assessed AI spending concerns and the outlook for technology stocks.
Key Takeaways
- US stocks ended mixed as the Nasdaq rebounded on gains in chipmakers and AI linked heavyweights ahead of the midterm election results.
- Nvidia and Micron advanced, while Apple slipped over concerns about rising memory chip costs and holiday quarter margins.
- Investors also assessed AI spending concerns and the outlook for technology stocks.
US stocks ended mixed as the Nasdaq rebounded on gains in chipmakers and AI linked heavyweights ahead of the midterm election results. Nvidia and Micron advanced, while Apple slipped over concerns about rising memory chip costs and holiday quarter margins. Investors also assessed AI spending concerns and the outlook for technology stocks.
Original Publisher Attribution
This summary was curated from Economic Times.