EPISODE · May 7, 2026 · 1 MIN
Stock Market Rally Slows, AI Chips Falter
from The Daily News Now! Business
Midday trading saw a slowdown in the stock market rally, with the S&P 500 up just 0.06% at 7369.49. The Nasdaq climbed 0.37%, while the Dow slipped 0.14%. Key movers included AMD pulling back after a strong week, and Arm Holdings dropping 10% despite solid earnings. Warby Parker jumped 27% on strong results, but Whirlpool tanked 12% after weak earnings. Investors are on edge about U.S.-Iran talks and oil prices, with the Strait of Hormuz restrictions keeping markets nervous. The rally is riding on a few megacap tech and AI giants, making the indexes record highs feel shaky. Staying diversified can help buffer these swings. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9f809e5ca41e0c78
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Stock Market Rally Slows, AI Chips Falter
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