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January 29, 2025

Nvidia,other tech stocks win back some of Monday's losses

By STAN CHOE
AP Business Writer

NEW YORK (AP) — Rebounding tech stocks drove U.S. indexes higher Tuesday, a day after they tumbled on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it.

The S&P 500 climbed 0.9% to claw back more than half of its earlier drop. The Dow Jones Industrial Average added 136 points, or 0.3%, and the Nasdaq composite rallied 2% after sliding 3.1 % the day before.


 
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