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U.S. stocks end mixed as VIX jumps 7.81% and AI shares slide

The Dow Jones rose 0.35% by the close while the S&P 500 and Nasdaq fell; volatility stayed elevated after an 11.46% jump at the open and AI-linked shares broadly declined.

Summary

U.S. equities finished mixed, with the Dow Jones rising 0.35%, the S&P 500 slipping 0.1% and the Nasdaq falling 0.43%, according to MSX.COM data. Volatility remained elevated, with the VIX up 7.81% at the close after jumping 11.46% at the open. AI-related stocks were broadly weaker through the session: early declines included IBM (-2.39%), ServiceNow (-2.36%), Oracle (-2.08%), CoreWeave (-1.63%) and Palantir (-1.56%), while by the close the biggest reported losers included AeroVironment (-4.63%), Oracle (-4.62%), CoreWeave (-4.58%), Ambarella (-3.85%) and Palantir (-2.74%).

Terms & Concepts
  • VIX: Wall Street's main volatility index, widely used as a gauge of expected market volatility.
  • AI-related stocks: Companies whose businesses or valuations are closely tied to artificial intelligence themes.
  • Nasdaq: A major U.S. stock index with a heavy weighting toward technology companies.