US stocks rebound as S&P 500, Dow, Nasdaq, Russell 2000 recover from historic low
US stocks rebounded Thursday after one of Wall Street's worst trading days, with the S&P 500 rising 0.3% to 7,744.06, the Dow jumping 1.1% to 52,177.69, and the Nasdaq adding 0.1% to 26,713.03, while the Russell 2000 gained 1.4%. Nvidia fell 1.8% after TSMC struck a cautious note on 2027 despite reporting a sixth straight record quarterly profit, while Dell dropped 6.9% and Hewlett Packard Enterprise fell 7.1% on concerns about AI companies' debt loads amid rising interest rates. Eli Lilly, UnitedHealth, and Walmart gained on Deutsche Bank upgrades, helping lead the S&P 500's advance. The S&P 500 remains up about 13% in 2026 after hitting a record last week, trading at roughly 19 times expected earnings, its lowest level since 2023, suggesting investors are pricing in an eventual end to AI-fueled earnings growth.