New York Stock Exchange, tech stocks rebound driving the market higher... AMD surges 8%

The New York stock market opened strong, driven by a rebound in technology stocks. The Dow Jones, S&P 500, and Nasdaq each rose by 0.91%, 0.61%, and 0.90%, respectively, showing an optimistic start. Recently, tech stocks have regained momentum, with semiconductor company AMD performing particularly well. Thanks to a large AI chip supply agreement with Meta Platforms, the company’s stock price surged nearly 8%.

Additionally, major software companies Salesforce and ServiceNow also saw gains of over 5% and 3%, respectively, supported by buying on dips. However, the White House indicated that it is considering increasing global tariffs, which has kept market concerns alive. This stems from the possibility that President Trump may impose a 15% tariff by force, potentially impacting corporate profitability.

Meanwhile, home improvement retailer The Home Depot rose over 3% after reporting strong Q4 earnings, leaving a positive impression on investors with its better-than-expected performance. On the other hand, the stock prices of semiconductor company Teradyne and appliance maker Whirlpool showed divergence: Teradyne’s stock soared after earnings were announced, while Whirlpool’s stock declined due to a new stock issuance plan.

European markets also showed gains, moving in tandem with the positive US trend. Major European indices generally recorded increases. International oil prices rose slightly, reflecting investor buying sentiment, as West Texas Intermediate crude oil prices increased modestly.

These developments indicate that, amid a tech-led rebound, geopolitical risks such as tariffs may still exert pressure on the markets. It is expected that markets will remain sensitive to these factors, and how global tariff policies are adjusted will be particularly important for the US and international stock markets.