Other world markets also appeared to have settled after the rollercoaster ride that started the week.
By Elaine Kurtenbach, Associated PressA passerby looks at an electronic stock board showing Japan's Nikkei 225 index in Tokyo.
On Monday, the S&P 500 dropped 3% for its worst day in nearly two years, closing at 5,186.33. The Dow Jones Industrial Average reeled by 1,033 points, or 2.6%, to 38,703.27, while the Nasdaq composite slid 3.4% to 16,200.08 as Apple, Nvidia and other Big Tech companies that used to be the stars of the stock market continued to wilt.
Taiwan’s Taiex was up 1.2% after plunging 8.4% the day before. The Shanghai Composite index, largely bypassed by Monday’s drama, was up just over 1 point, at 2,861.87. Some of Wall Street’s recent declines may simply be air coming out of a stock market that romped to dozens of all-time highs this year, in part on a frenzy around artificial-intelligence technology. Critics have been saying for a while that the stock market looked expensive after prices rose faster than corporate profits.
France Dernières Nouvelles, France Actualités
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