Wall Street saw a quiet end to the week as investors awaited U.S.-China trade discussions. Donald Trump suggested tariff adjustments before the meeting in Switzerland. The Dow, S&P 500, and Nasdaq experienced slight weekly declines. Energy sector showed gains, while healthcare faced losses. Federal Reserve officials highlighted economic risks from tariffs. Expedia shares dropped after revenue miss.
US stocks rebound on AI optimism revival; Dow rises 387 pts, Nasdaq, S&P 1%
Wall Street surged Monday, led by AI-related stocks like Meta and Nvidia, as Meta announced significant layoffs and Nvidia unveiled new components. Oil prices dipped