jobsbangla

1 US STOCKS S & P 500, Dow Rise As Investors Digest Earnings, Rate Cut

Alphabet falls almost 8% after downbeat earnings, heavy AI invest

Indexes: Dow up 0.47%, S&P 500 up 0.19%, Nasdaq down 0.07%

(Updates since mid afternoon)

By Abigail Summerville and Shashwat Chauhan

The S&P 500 and the Dow increased on Wednesday, as financiers started to reject disappointing Alphabet earnings and weighed the prospect of future interest rate cuts from the U.S. .

Google-parent Alphabet dropped 7.3% after posting downbeat cloud profits development on Tuesday and earmarking a higher-than-expected $75 billion investment for its AI buildout this year.

AI -related stocks showed indications of healing after being rocked last week following the soaring appeal of an affordable Chinese expert system design established by start-up DeepSeek. Nvidia, which signed up among the greatest losses, was up 3.3% on Wednesday.

"Ultimately, need is not disappearing for AI even with the DeepSeek news. They ´ re all going to need to spend more cash which ´ s what the AI story has actually been. This is a fairly long cycle story," said Rob Haworth, senior investment strategist at U.S. Bank Asset Management.

Advanced Micro Devices, meanwhile, wiki.vst.hs-furtwangen.de lost 8.2% after CEO Lisa Su said the company's current-quarter data center sales - a proxy for its AI earnings - would fall about 7% from the previous quarter.

On the information front, investors are expecting the January nonfarm payrolls report, anticipated to be released on Friday.

U.S. services sector activity all of a sudden slowed in January amid cooling demand, helping curb price development, bytes-the-dust.com a report from the Institute for pyra-handheld.com Supply Management revealed on Wednesday.

"There are some concerns that the Fed may need to reduce faster, that the economy is slowing, however that ´ s actually positive news for the marketplaces because they ´ re looking for those Fed rate cuts," Haworth said.

The next Federal Open Markets Committee meeting remains in March, and while just 16.5% of traders anticipate a rate cut then, a bulk of traders expect a cut in June, according to CME's FedWatch Tool.

Richmond Fed president Thomas Barkin said the Fed was still leaning towards more rate cuts this year, but flagged uncertainty around the effect of brand-new tariffs, immigration, regulations and disgaeawiki.info other efforts from U.S. President Donald Trump's administration.

At 2:00 p.m. ET (1900 GMT), the Dow Jones Industrial Average increased 207.53 points, or 0.47%, to 44,763.57, lespoetesbizarres.free.fr the S&P 500 gained 11.61 points, or 0.19%, to 6,049.49 and the Nasdaq Composite lost 12.91 points, or 0.07%, kenpoguy.com to 19,641.11.

Nine of the 11 S&P 500 sectors traded higher, with realty and utility stocks leading the gains while communication services fell over 3%.

Shares of Apple slipped 1.2% as Bloomberg News reported that China's antitrust regulator was preparing for a possible investigation of the iPhone maker.

Fiserv advanced 7.3% as the payments firm beat quotes for fourth-quarter earnings, helped by strong demand in its banking and payments processing unit.

Markets also await developments on the tariffs front after Trump said on Tuesday he remained in no hurry to speak with Chinese President Xi Jinping to try to pacify a new trade war in between the nations.

The Cboe Volatility Index, called Wall Street's worry gauge, dropped 6.3% to 16.1 today.

In corporate movers, FMC Corp plunged 32% after the agrichemicals manufacturer forecast first-quarter revenue listed below quotes.

Johnson Controls jumped 12.5% as the structure solutions business named Joakim Weidemanis as president and wiki.vifm.info raised its 2025 revenue forecast.

Advancing problems outnumbered decliners by a 2.62-to-1 ratio on the New York Stock Exchange, and by a 1.88-to-1 ratio on the Nasdaq.

The S&P 500 published 31 brand-new 52-week highs and 12 brand-new lows while the Nasdaq Composite recorded 100 new highs and 85 new lows.

(Reporting by Abigail Summerville in New York, Shashwat Chauhan and Sukriti Gupta in Bengaluru