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Stock Market Today: Dow, S&P 500 Rise; AI Trade; Palantir, SMCI ...

Stock Market Today Dow SampP 500 Rise AI Trade Palantir SMCI
The major indexes lost their early momentum on Monday. So much for “buy the dip.” The Nasdaq Composite was down 1.3% after opening higher. The S&P 500 was down 0.6%. The Dow was down 61 points, or 0.2%. Among the hard-hit stocks include 2024's highfl

Among the hard-hit stocks include 2024's highflyers like Palantir Technologies, Constellation Energy, and Vistra. The PHLX Semiconductor Sector dropped 1.5% suddenly. Traders may be selling recent winners, especially those tied to the AI trade this morning. That said, the rest of the market wasn't far behind, as the Invesco S&P 500 Equal Weight ETF was down 0.3% and falling.

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