Market Performance - Stocks initially extended the previous day's sell-off but showed a significant recovery attempt, with the Nasdaq and S&P 500 reaching positive territory [1] - The Nasdaq is up 66.30 points (0.3%) at 22,936.66, and the S&P 500 is up 0.97 points (less than 0.1%) at 6,738.46, while the Dow is down 325.87 points (0.7%) at 47,131.35 [2] Sector Performance - Tech heavyweights Nvidia (NVDA), Tesla (TSLA), and Advanced Micro Devices (AMD) have rebounded after initial weakness, with Palantir Technologies (PLTR) shares jumping by 1.1% after hitting a two-month low [3] - Computer hardware stocks rebounded significantly, with the NYSE Arca Computer Hardware Index surging by 3.0% after a 7.0% drop on Thursday [5] - Energy stocks are showing strength due to a spike in crude oil prices, with both the Philadelphia Oil Service Index and NYSE Arca Oil Index gaining 1.4% [6] - Airline stocks are continuing their slump, dragging the NYSE Arca Airline Index down by 1.5% [6] - Gold stocks are experiencing notable weakness, with the NYSE Arca Gold Bugs Index declining by 1.2% due to a steep drop in gold prices [7] Global Market Trends - Stock markets in the Asia-Pacific region mostly moved lower, with Japan's Nikkei 225 Index down by 1.8% and China's Shanghai Composite Index down by 1.0% [7] - Major European markets also declined, with the U.K.'s FTSE 100 Index down by 1.2%, the French CAC 40 Index down by 0.9%, and the German DAX Index down by 0.7% [8] Bond Market - In the bond market, treasuries pulled back near the unchanged line after initial strength, with the yield on the benchmark ten-year note up by less than a basis point at 4.117% after hitting a low of 4.065% [8]
U.S. Stocks Regain Ground After Initially Extending Yesterday's Sell-Off