Stock Market Today: Dow Falls, Weighed Down By American Express; China Names Outperform (Live Coverage)
Investors·2026-01-12 16:31

Group 1: Market Overview - Shares of Investor's Business Daily's Medical-Biomed/Biotech industry group surged in 2025, ending the year with a nearly 34% gain [4] - Futures for the Dow Jones Industrial Average and other major stock indexes traded sharply lower due to a criminal investigation into Federal Reserve Chairman Jerome Powell, with Dow Jones futures losing 0.7%, or around 350 points, in premarket trading [5] - Nasdaq underperformed as a tech rotation impacted Nvidia and other AI stocks, while Dow Jones futures rose before jobs data [10] Group 2: Company Highlights - Nvidia and Tesla were early losers in the stock market, indicating potential challenges for these companies [5] - Archer Aviation's stock jumped as it plans to outfit air taxis with Nvidia's AI technology [10] - Caterpillar is integrating AI and autonomy into construction sites, showcasing advancements in technology within the industry [10]