Sources: 
The Dow Jones Industrial Average showed modest gains, rising
35.16 points, or 0.08%, demonstrating resilience amid mixed market signals and geopolitical tensions.
While the Dow inched higher, the broader market faced pressure as the
S&P 500 declined 0.22% and the
Nasdaq Composite dropped 0.51%, reflecting investor caution.
Chip stocks were notably weak following reports that the US government might revoke waivers for certain semiconductor companies, leading to declines in major players like
Nvidia, Broadcom, and TSMC.
Market sentiment was influenced by contrasting Federal Reserve signals: Fed Governor Christopher Waller suggested that rate cuts could begin as early as July, providing some optimism, whereas Fed Chair Jerome Powell maintained a cautious stance, emphasizing a data-dependent approach amid ongoing uncertainties, including trade tensions related to tariffs.
"Markets initially rose after Fed Governor Christopher Waller suggested rate cuts could begin as early as July," highlighting the sensitivity of investors to Fed communications.
Despite the chip sector selloff and geopolitical concerns, the Dow's slight uptick indicates selective investor confidence in blue-chip stocks.
Overall, the market remains volatile as investors balance hopes for easing monetary policy against risks from international conflicts and trade policy shifts.
Sources: The Dow Jones Industrial Average edged up 0.08%, gaining 35.16 points, as investors showed resilience amid debates over Federal Reserve rate cuts and a selloff in chip stocks. Meanwhile, the S&P 500 and Nasdaq declined, pressured by semiconductor sector losses and geopolitical concerns.
