NEW YORK, New York – U.S. stock markets closed broadly higher on Tuesday, buoyed by strong gains in the technology sector, which propelled the Nasdaq Composite to a more than two percent advance. It was a different story to a day earlier when the Nasdaq Composite dived more than 600 points as Nvidia shares plunged nearly 17 percent, following the debut of China’s DeepSeek. The Standard and Poor’s 500 and Dow Jones Industrial Average also ended the day in positive territory, as investor sentiment remained upbeat amid corporate earnings and economic data releases.
U.S. Dollar Gains Broadly as Investors Gauge Economic Outlook
The U.S. dollar strengthened against most major currencies on Tuesday, as traders evaluated the latest economic data and anticipated possible moves from central banks around the world.
Analysts note that lingering questions about global growth and central bank policies continue to drive currency market movements, with traders watching closely for any signals that might prompt a shift in sentiment.
Stock markets around the world end mixed Tuesday
Global stock markets put in a mixed performance on Tuesday, with European benchmarks showing modest gains while several Asian indexes finished in the red. Here’s a wrap-up of the closing figures:
