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Stock market today: Stocks little changed as Nvidia, AI rally shows signs of fatigue

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A tech-led rally showed real signs of fatigue for the first time in over a week.

US stocks flirted with the flatline Friday as a tech-led rally showed real signs of fatigue for the first time in over a week. The benchmark S&P 500 was unchanged, while the tech-heavy Nasdaq Composite gained 0.2%. The Dow Jones Industrial Average slipped just below the flatline. Thursday's dip in the S&P 500 and Nasdaq registered as notable mainly because it was an anomaly in recent weeks. The S&P had been flying higher, briefly crossing 5,500 for the first time Thursday.

The AI-fueled rally has been driven by Nvidia , which briefly catapulted to the title of world's most valuable company this week. After a sizable loss on Thursday, it was down more than 1% Friday. Other chip stocks, including Broadcom , Super Micro Computer , and Qualcomm , slumped with Nvidia in the early going. Investors are also assessing the broader health of the US economy and the path for interest rates. Former St.

 

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