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● LIVE Updated 16m ago · 14 sources tracked

Stock Market Today: Dow jumps 1,000 points, S&P 500 and Nasdaq surge after last week’s selloff; Nvidia stock drops as CEO probe launched: live updates

U.S. stocks rallied sharply with the Dow jumping about 1,000 points and the S&P 500 and Nasdaq surging, recovering from last week's steep technology-led decline. Nvidia shares dropped after reports emerged of a probe into CEO Jensen Huang involving an alleged affair with a person described as a spy, prompting an apology from Huang. Asian markets also rebounded following the AI sector rout. Futures had pointed higher earlier as investors focused on the AI trade and upcoming economic data and earnings.

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⚡ Key Developments & Real-Time Context
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  • ✓ The Dow Jones Industrial Average jumped approximately 1,000 points.
  • ✓ The S&P 500 and Nasdaq Composite surged in a broad market rebound.
  • ✓ The rally follows last week's steep technology-led selloff.
  • ✓ Nvidia stock dropped after a probe into CEO Jensen Huang was launched.
🛡️ Source Corroboration: 14 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Major U.S. indexes surged roughly 1,000 points on the Dow with broad gains, while Nvidia shares slid on news of a board probe into CEO Jensen Huang over an alleged affair with an alleged spy.

Live updates

  1. Dow surges 1,000 points as markets rebound from tech selloff; Nvidia falls on CEO probe

    U.S. stocks rallied sharply with the Dow jumping about 1,000 points and the S&P 500 and Nasdaq surging, recovering from last week's steep technology-led decline. Nvidia shares dropped after reports emerged of a probe into CEO Jensen Huang involving an alleged affair with a person described as a spy, prompting an apology from Huang. Asian markets also rebounded following the AI sector rout. Futures had pointed higher earlier as investors focused on the AI trade and upcoming economic data and earnings.

    Why it matters

    The rebound follows a historic tech rout last week that erased significant market value. Nvidia, a bellwether for the AI boom, faces unusual leadership scrutiny that could affect investor sentiment toward the sector. The broad market recovery suggests buyers are stepping in after oversold conditions, but the Nvidia probe adds a new layer of uncertainty for the chipmaker and AI-related stocks.

    What is confirmed

    • The Dow Jones Industrial Average jumped approximately 1,000 points.
    • The S&P 500 and Nasdaq Composite surged in a broad market rebound.
    • The rally follows last week's steep technology-led selloff.
    • Nvidia stock dropped after a probe into CEO Jensen Huang was launched.
    • Huang apologized for an affair with an alleged spy.
    • Asian stocks rebounded after the AI sector rout.
    • Stock futures rose earlier with focus on the AI trade and upcoming data and earnings.

    What to watch next

    • Nvidia board investigation progress and any further leadership announcements
    • Upcoming economic data releases and corporate earnings that could sustain or reverse the rebound
    • Market reaction to any additional details on the probe or Huang's role
    Sources used for this update (14)
    1. economictimes.indiatimes.com — Business News Live, Share Market News - Read Latest Finance News, IPO ...
    2. finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
    3. stocktwits.com — Stocktwits - Stock Market Live Quotes, Social Community...
    4. timesofindia.indiatimes.com — Saudi Arabia Turns To Iran Amid Houthi Strikes, Dealing Trump A Major Gulf Blow? - Times of India Videos
    5. cobak.co — Will the KOSPI 12,000 Era Arrive? The Future of the Korean Stock Market in 2027 Forecasted by Yuanta Securities | Crypto Community....
    6. www.thehindubusinessline.com — Stock Market Today Highlights, October 28: Sensex declines 353 points dragged by Reliance, IT stocks, rising crude oil prices
    7. CNBC — Stock futures rise slightly as investors eye AI trade, brace for more data and earnings: Live updates
    8. Financial Times — Asian stocks rebound after AI rout
    9. Yahoo Finance — Stock market today: Dow, S&P 500, Nasdaq futures rise with Nvidia stock, AI trade in focus
    10. WSJ — Stock Market Today: Nvidia Stock Slides After Huang Apologizes for Affair With Alleged Spy
    11. MarketWatch — Stock Market Today: Dow jumps 1,000 points, S&P 500 and Nasdaq surge after last week’s selloff; Nvidia stock drops as CEO probe launched: live updates
    12. New York Post — Dow surges 1,000 points after last week’s historic tech rout, while Jensen Huang’s Nvidia slumps
    confidence 90%
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