The Economic Times

Dow Jones eyes record high after sharp sell-off: why Dow jumped over 400 points S&P 500 and Nasdaq also climbed

Dow Jones surged 417 points to 49,222 on Tuesday. That is a 0.86% jump. The move puts the Dow Jones Industrial Average near record highs after Mondays sharp stock market crash. The S&P 500 rose 0.59% to 6,878. The Nasdaq Composite gained 0.87% to 22,823. Investors dumped risky tech for stable Dow Index stocks. This shift followed President Trumps 10% global tariff launch. While AMD stock jumped 7% on a Meta GPU deal, AI disruption fears sank IBM. Traders now favor value over software. All eyes hit the State of the Union tonight for trade clarity.