Stock Market Today: Nasdaq, S&p 500 Eke Out Gains as Dow and Bitcoin Drop Amid Nvidia's Earnings
Nasdaq Composite closed up around 0.3%, while the tech-heavy index had risen as much as 1% earlier in the session after consecutive sharp losses for the index. The benchmark S&P 500 finished just above the flatline, while the Dow Jones Industrial Average fell roughly 0.4%. Bitcoin dropped below $85,000, losing over 4% to its lowest levels since November.
- Nvidia's earnings beat expectations and lifted stocks more broadly, but the chipmaker's prospects still face headwinds from tariff threats and export controls.
- Will the stock market's reaction to Nvidia's earnings be enough to offset concerns about the broader impact of tariffs on the tech industry?