Dow dips as Nasdaq edges up on AI momentum and falling oil prices

AI Market Summary
US equities were mixed as AI-linked optimism offset energy weakness. Reports that Iran is open to talks and Saudi Arabia may restart a key pipeline eased Brent and WTI, pressuring oil. Stock-specific upside was driven by AI and growth catalysts: PayPal's partnership with Meta on AI-agent commerce, SanDisk's AI-demand thesis, and Viking Therapeutics' positive obesity-trial data, while AutoZone posted stronger profits.
Impact level
● Medium
Affected assets
NCCO1OILWTI2USD/USDT-2.22%
AI Insight · NCCO1OILWTI2USD/USDTAI Insight
● Neutral
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U.S. stocks were mixed on Tuesday, with the Dow slightly lower and the Nasdaq modestly higher as oil prices fell and the AI trade stayed in focus. PayPal jumped more than 2% after announcing a partnership with Meta that lets customers use Muse personal AI agents to shop online. Viking Therapeutics surged more than 25% after its experimental obesity drug showed 22% weight loss in a clinical trial. AutoZone reported fourth-quarter profit growth and said it expects sales to accelerate in 2027, while SanDisk rose 5% after Rosenblatt initiated coverage with a Buy rating and a $2,400 price target.