Market Volatility: AI Stocks Take a Step Back, GE Aerospace Soars
The Dow Jones Industrial Average and other major indexes experienced a rollercoaster ride on Thursday, reacting to the Labor Department’s higher-than-expected weekly unemployment claims. Meanwhile, tech giants Nvidia and Tesla made early moves on the stock market.
Mixed Signals: Futures Trade Sharply
Ahead of the opening bell, Dow Jones futures edged up 0.1% versus fair value, while S&P 500 futures slipped 0.2%. This mixed performance set the tone for a tumultuous trading day.
Airline Stocks Take Flight, But American Airlines Stumbles
American Airlines stock plummeted early Thursday after its Q1 guidance fell short of estimates. In contrast, Alaska Air Group shares climbed on the back of its earnings beat and optimistic outlook.
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