The Dow Jones outperformed amid the US AI stocks sell-off, dipping just 0.5% as the Nasdaq 100 and S&P 500 slumped 2.1% and 1.2% following an 8% plunge in Palantir. Despite concerns over lofty AI valuations, US financial giants like JPMorgan and Goldman Sachs held firm, supporting Dow resilience. Technical signals now point to a potential short-term bullish reversal as the index tests its 20-day moving average.
05-11-2025 10:25 GMT
by Kelvin Wong