Home > Business > US Stock Market Today: Dow Gains 380 Points on Trump Tariffs, S&P 500 & Nasdaq Rally as Software Stocks Rebound; Gold & Silver Surges, Bitcoin Falls Below $63K

US Stock Market Today: Dow Gains 380 Points on Trump Tariffs, S&P 500 & Nasdaq Rally as Software Stocks Rebound; Gold & Silver Surges, Bitcoin Falls Below $63K

Stock Market Today Updates: Wall Street opened stronger, Dow Jones soared 417 points (0.86%) to 49,222, S&P 500 gained 0.59% at 6,878 and Nasdaq rose 0.87% to 22,824. AMD jumped 7% on Meta's 6GW GPU deal, easing disruption fears amid Trump's 10% tariffs.

By: Amreen Ahmad
Last Updated: February 24, 2026 22:57:38 IST

US Stock Market Today Updates: The strong rebound in American equities occurred on February 24, 2026, as the Dow Jones climbing 380 points or 0.8% due to the software and chip stocks shaking out the AI disruption fears. The highlights of the catalysts were the huge AMD acquisition of 6GW GPUs by Meta and the acquisition of DocuSign by Anthropic, which indicated that AI is a collaborator and not an adversary. This recovery followed the 10% world tariffs new by Trump and oil remained high due to US-Iran tensions.

U.S. Market Snapshot

Index

Close

Change

% Change

Dow Jones

49,217.00

+412.94

+0.85%

Nasdaq

22,832.42

+205.15

+0.91%

S&P 500

6,880.70

+42.95

+0.63%

NYSE Comp.

~19,500

+0.7%

+0.7%

Dow Jones

Dow Jones Industrial Average shot up 412.94 points to 49,217.00 a 0.85% increase, rebounding the 1.7% slide in AI and tariff worry on Monday. Stocks such as Intel up 4.97 to $45.80 and IBM up 4.84 to $234.17 were the leaders with the support of industry in general. Home Depot gained 3.06% against housing news optimism.

Nasdaq

Nasdaq Composite advanced 0.91 to 22,832.42 with technological recovery with AMD surging 7.02 to $210.40 on meta GPU deal. Intel and Qualcomm came in 5% and 3.29% and Adobe rose 3.08%. The index responded to any earlier cybersecurity sales acquisitions with Anthropic tools.

S&P 500

S&P 500 rose 0.63 to 6,880.70 in a flat start, with AMD rising 7.02 leading the gainers followed by Intel at 5%. IBM and Qualcomm also reported good 4.81% and 3.29% gains. Software ETF IGV increased 2% at -30% highs as AI enhanced older companies.

NYSE

NYSE Composite followed the lead, gaining about 0.7% in line with the wider gains, which were propelled by cyclicals and tech crossovers. The spike on positive news on AI was showing volumes and it was subsidizing jitters over tariffs and it was blue-chip moves to drive sentiment and the blue-chips in the Dow led the way. Global head winds did not dampen trading which was approaching past heights.

Is the US Stock Market Down Today?

Markets were not down today, and instead, they soared on Monday, the 1-1.7% drop, on fears of AI disruption due to the tools developed by Anthropic and Trump threats of tariffs. The rebound was triggered by a reassessment of AI as complementary, not disruptive, by investors. Finances were the most impacted by losses in the previous session with a 3.3% loss.

Trump’s Tariffs Take Effect at a Lower-Than-Expected 10% Rate

The blanket 10% duty on imports initiated by Trump on Tuesday under Section 122 rather than the 15% increase that he proposed alleviated the default trade war alarm. Non-exempt goods were spared by CBP notice, which covered a 150-day period and this dampened inflation apprehensions and superior estimates.

US-Iran Tensions Keep Oil Market Elevated

The increasing US-Iran tensions, such as nuclear negotiations and Strait of Hormuz threats, drove oil to Brent 70.59 up (0.3) and WTI 65.47 up (0.4). Flare geopolitics jeopardizes 20 percent of the world supply, defeating demand slumps and merchants look forward to upheavals during military postures.

European Stocks Slide as New Tariffs Take Effect

The Euro Stoxx 600 fell 0.1% in the initial hours, as bourses in the US shifted the trade by reconstructing tariff. Amidst AI and geopolitics, investors balanced forecasts of 2026 of slight 2% gains at 640, the lowest in records. Euro Stoxx 50 looked at mid-year decline ahead of gain by year end.

Why Did Gold & Silver Prices Surge While Stocks Fell?

Gold reached 5172/oz (3.22% month-month) and silver 87.54/oz as safe-havens against tariffs, Iran risks while MCX silver rose to 2.93L/kg earlier to settle at 2.85L/kg (-15k). Investors ran away volatility even though stocks turned back, in pursuit of metals 77%/YOY gold gains. The stocks surged today and the havens were propelled by the previous waryness.

Why is Bitcoin Falling Today?

Bitcoin was down 4% to around $62-63K on tariff-motivated inflation concerns that hampered Fed cuts, as well as liquidations of 240 million, ETFs and whales. Risk-off slapped crypto amid AI stock shakes and RSI at 29 represents bearish momentum to $52K support.

Will Markets be Impacted by Trump’s State of the Union?

The February 24 State of the Union might be a persuasive influence with the tariff information, AI regulations and the growth promises of Trump. Futures are optimistic, whereas an increase on Iran or debt could skyrocket volatility. Markets look after the clarity after the address during 30% tail risks.

Apollo’s Torsten Slok Warns Economic Tail Risks Climb to 30%

In spite of good growth, Apollo Torsten Slok’s tail risks were pegged at 30% with a reduction in geopolitics, debt, rate and AI flop. Artificial Intelligence unemployment or mood swaps swell the divide in GDP share by technology. Further disruptions may be caused by labor shocks.

Why are US Stock Futures Moving Higher?

S&P futures pre-open edged up + 0.2% recovering after falling 1% on AI warnings and tariffs on Monday. Shareholders speculate on software strength and less harsh obligations with defensive flight to Treasuries halted. The cautionary uptick was the anticipation of the speech by Trump.

Top Gainers Today

Dow Jones 

  • Intel (INTC): +4.97% to $45.80
  • IBM: +4.84% to $234.17
  • Home Depot (HD): +3.06% to $388.54
  • Apple (AAPL): +2.96% to $274.07
  • Caterpillar (CAT): +2.07% to $772.16

Nasdaq

  • Advanced Micro Devices (AMD): +7.02% to $210.40
  • Intel (INTC): +5.00% to $45.81
  • Qualcomm (QCOM): +3.29% to $145.03
  • Adobe (ADBE): +3.08% to $254.29
  • Apple (AAPL): +2.96% to $274.06

S&P 500

  • Advanced Micro Devices (AMD): +7.02% to $210.40
  • Intel (INTC): +5.00% to $45.81
  • IBM: +4.81% to $234.10
  • Estée Lauder (EL): +3.29% to $116.74
  • Qualcomm (QCOM): +3.29% to $145.03

Top Losers Today

Dow Jones 

  • UnitedHealth (UNH): -2.99% to $273.91
  • American Express (AXP): -1.09% to $317.74
  • JPMorgan Chase (JPM): -0.80% to $295.28
  • Visa (V): -0.80% to $304.07
  • Travelers (TRV): -0.57% to $303.65

Nasdaq 

  • Broadcom (AVGO): -1.63% to $324.97
  • PayPal (PYPL): -1.52% to $43.40
  • Regeneron (REGN): -0.96% to $779.48
  • Gilead (GILD): -0.84% to $148.57
  • Texas Instruments (TXN): -0.45% to $218.86

S&P 500 

  • CVS Health (CVS): -4.95% to $73.19
  • UnitedHealth (UNH): -2.99% to $273.90
  • Bank of America (BAC): -2.06% to $50.02
  • Citigroup (C): -1.80% to $108.76
  • Occidental Petroleum (OXY): -1.74% to $51.52

FAQ’s: US Stock Market Today

Q: What drove today’s Dow rally?

A: Software rebound and AMD’s 7% surge on Meta deal eased AI fears and lifting Dow 0.85% despite tariffs.

Q: Why lower tariff rate?

A: CBP set 10% vs Trump’s 15% threat, via 150-day Section 122 and softening trade blow.

Q: Tail risks at 30% mean what?

A: Slok cites geopolitics, AI fails raising recession odds from 10%, hitting sentiment.

Q: Bitcoin drop reasons?

A: Tariffs spark inflation fears, $240M liquidations push BTC to $62K amid risk-off.

Q5: Gold surge cause?

A: Safe-haven demand from tension and tariffs lifted gold 3.22% monthly to $5,172/oz.

Q6: When and where is President Trump’s 2026 State of the Union Address scheduled?

A: It occurs on February 24, 2026, at 9:00 p.m. EST in the US House of Representatives chamber, before the 119th Congress and house Speaker Mike Johnson presides with VP JD Vance present.

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