Wall St bounces back, ending higher on renewed tech vigor, easing AI concerns
By Stephen Culp and Shashwat Chauhan
Tue February 24, 2026 6:16 AM
The pattern continues with the markets being fearful about AI one day and jubilant about it the next. A few hints of positivity today from AI companies, most notably from the AI lab Anthropic did the trick. There was also likely a lot of “buying the dip” action going on today as well. At any rate, it was a shot straight up all day on all three indexes with nice 3-digit gains in both the Dow and Nasdaq, though not quite sufficient to make up for yesterday’s losses. On this third day following the 15% global tariff, markets are still trying to assess potential impact and whether existing trade agreements will be impacted.
As today’s expert put it, “There are still questions about the deals that are in place already. What happens to those? Are they still happening?” Airline and travel stocks were beaten down severely yesterday due to the historic winter storm but came back vigorously today with a 2.9% gain. Advanced Micro Devices announced a $60B sale of AI chips to Meta. But uncertainty remains dominant as reflected in the daily volume of 17.06 billion, still well below the 20.29 average.
DJ: 48,804.06 -821.91 NAS: 22,627.27
-258.80 S&P: 6,837.75
-71.76 2/23
DJ: 49,174.50 +370.44 NAS: 22,863.68
+236.41 S&P: 6,890.07
+52.32 2/24
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