Morning Report 29 Jan 25: Wall Street stabilises after choppy start as AI stocks recover

US sharemarkets rose on Tuesday, with artificial intelligence-linked and other technology shares bouncing back from sharp losses the previous day as investors snapped up bargains. Chip giant Nvidia rebounded 8.8%, clawing back some losses one day after the emergence of a cheaper, open-source artificial intelligence model from China - DeepSeek - caused the shares to post the biggest market value loss in stock market history. Microsoft shares rose 2.9% after US President Donald Trump said the company was in talks to acquire the US arm of ByteDance’s TikTok. Royal Caribbean Cruises gained 12% as the cruise operator forecast annual profit largely above expectations. Boeing jumped 1.5% as its chief is optimistic the company can return to a key production target for its 737 airliner this year. The Dow Jones index, the S&P 500 index and the Nasdaq index rose.

European sharemarkets closed higher on Tuesday with retail stocks leading broader gains, up 2.2%, as selling pressures ebbed a day after the Chinese AI startup DeepSeek triggered a global market rout. Shares of JD Sports, Kingfisher and Howden Joinery rose between 1.4% and 3.2%. The continent-wide FTSEurofirst 300 index gained 0.3% to record highs. In London, the UK FTSE 100 index rose by 0.4%.

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Видео Morning Report 29 Jan 25: Wall Street stabilises after choppy start as AI stocks recover канала CommSecTV