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U.S. Markets Open Mixed on March 26 as GameStop Soars, Nvidia and Tesla Slide

Date: 26-mar-2025


U.S. Markets Open Mixed on March 26 as GameStop Soars, Nvidia and Tesla Slide

Wall Street Trades Mixed Mid-Morning as Tech Stocks Weigh on Sentiment

As of 11:18 AM EDT on March 26, 2025, U.S. stock indices are showing mixed movements. The S&P 500 and Nasdaq Composite were trading lower, while the Dow Jones Industrial Average managed modest gains. Investor focus remains on tech weakness and unexpected momentum in retail stocks like GameStop.

Top 5 U.S. Stock Indices

S&P 500 (SPY) $573.39 ▼ 0.36%
Dow Jones (DIA) $427.14 ▲ 0.31%
Nasdaq 100 (QQQ) $489.33 ▼ 0.84%
Russell 2000 $2,043.40 ▼ 0.44%
VIX (Volatility Index) 13.88 ▲ 2.65%
Updated at: 11:18 AM EDT, March 26, 2025

Key Movers Today

  • GameStop (GME) surged nearly 15.9% to trade at $29.45 after announcing it will convert part of its treasury holdings into Bitcoin.
  • Nvidia (NVDA) dropped 4.4% to $115.34 following news that China is discouraging adoption of its H20 AI chip due to energy efficiency concerns.
  • Tesla (TSLA) was down 3.2%, trading at $278.84, ending its recent rally amid analyst warnings of short-term overvaluation.

Market Context

Investors remain cautious amid potential tariff policy announcements from the U.S. government. Tech stocks continue to underperform following recent volatility, while certain meme and retail stocks are showing renewed activity.

Outlook

Markets are likely to stay choppy as traders react to crypto developments, Fed commentary, and global economic indicators. Sector rotation is also in play, with energy and industrials showing relative strength against tech and consumer discretionary.

Source: Investor’s Business Daily

Source: Associated Press

Source: Barron's

Source: Reuters

Disclaimer: This article is based on publicly available information from various online sources. We do not claim absolute accuracy or completeness. Readers are advised to cross-check facts independently before forming conclusions.

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