Stock market today: Dow, S&P 500, Nasdaq waver amid TSMC's stellar earnings, trade-war jitters
Yahoo Finance·2025-10-16 13:34
US stocks surrendered early gains on Thursday as investors weighed AI demand signals and a prolonged US-China trade war stoked by President Trump. The tech-heavy Nasdaq Composite (^IXIC) moved up 0.2%, as Nvidia (NVDA) and other AI-related stocks floated higher on chip manufacturing giant TSMC's stellar earnings. The S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) traded roughly flat. Chip stocks were boosted early Thursday after TSMC (TSM) hiked its outlook for 2025 revenue growth for the s ...