The S&P 500, Nasdaq Are Falling. This Week’s AI Rally Is Losing Steam.

Dow, S&P 500, Nasdaq Set to Open Up; Amazon, Nvidia, Palantir, AMD, More Movers

The stock market wavered on Tuesday after a pair of headlines knocked some of the wind out of the artificial-intelligence rally’s sails.

The Dow Jones Industrial Average rose 50 points, or 0.1%. The S&P 500 was down 0.2%. The Nasdaq Composite fell 0.4%.

Wall Street bought the dip in key AI stocks like Nvidia on Monday, but investors learned overnight that SoftBank previously sold its $5.83 billion stake in Nvidia. It concluded its stake in October.

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