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Nasdaq retreats after morning rally as SpaceX shares slump
Investors pulled back in the Nasdaq after an early rally, with trading turning lower as the session progressed, according to WSJ Markets.
The WSJ Markets story also pointed to weakness in SpaceX shares, describing that the company’s large AI spending has rattled investors.
While the Nasdaq fell, the report said the Dow managed to hold onto gains during the same period.
Latest closeNasdaq Comp. 26,584.99 ▲2.6%|Dow Jones 54,085.88 ▲1.7%
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