{"id":59058,"date":"2026-02-24T17:07:51","date_gmt":"2026-02-24T21:07:51","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/wall-street-rebounds-as-amd-meta-deal-and-anthropic-reassurance-calm-ai-disruption-fears\/59058\/"},"modified":"2026-02-24T17:07:51","modified_gmt":"2026-02-24T21:07:51","slug":"wall-street-rebounds-as-amd-meta-deal-and-anthropic-reassurance-calm-ai-disruption-fears","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wall-street-rebounds-as-amd-meta-deal-and-anthropic-reassurance-calm-ai-disruption-fears\/59058\/","title":{"rendered":"Wall Street Rebounds as AMD-Meta Deal and Anthropic Reassurance Calm AI Disruption Fears"},"content":{"rendered":"

U.S. equity markets staged a resilient recovery on Tuesday, February 24, 2026, as investors shook off the previous session's "AI-pocalypse" and pivoted toward fresh infrastructure deals and reassuring corporate commentary. After a brutal Monday that saw the Dow Jones<\/a> Industrial Average plunge over 800 points, the major indexes found their footing, led by a resurgence in the semiconductor and enterprise software sectors.<\/p>\n

Market Indexes Performance<\/h2>\n

The major benchmarks finished the day in positive territory, recouping a significant portion of Monday\u2019s losses. The Dow Jones Industrial Average (DJI<\/a>) climbed 390.60 points, or 0.80%, to close at 49,194.66. The S&P 500<\/a> (SPX<\/a>) rose 0.73% to end the session at 6,887.63, while the tech-heavy Nasdaq Composite (IXIC<\/a>) led the charge, advancing 1.02% to finish at 22,857.98. Small-cap stocks also joined the rally, with the Russell 2000 (RUT<\/a>) gaining 1.25% to close at 2,653.75. Market volatility eased slightly, with the CBOE Volatility Index (VIX) dropping 6.71% to 19.60.<\/p>\n

Major Stock News and AI Catalysts<\/h2>\n

The primary engine behind today's rebound was a landmark partnership between Advanced Micro Devices (AMD<\/a>) and Meta Platforms (META<\/a>). AMD shares surged 9.22% after the companies announced a multi-year deal for Meta to deploy up to 6 gigawatts of AMD\u2019s latest graphics processing units (GPUs) across its global AI data centers. The deal includes a performance-based warrant allowing Meta to acquire up to 160 million shares of AMD, a move that analysts say cements AMD as a formidable challenger to the current AI chip hegemony. Meta Platforms (META<\/a>) saw a modest gain of 0.22% on the news.<\/p>\n

Sentiment in the software sector also improved following a live event by the AI startup Anthropic. On Monday, fears that new AI tools would render legacy software obsolete sent shares of Microsoft (MSFT<\/a>) and Salesforce (CRM<\/a>) tumbling. However, Anthropic\u2019s Tuesday presentation positioned its "Claude" AI as an "orchestration layer" designed to integrate with\u2014rather than replace\u2014existing platforms. This sparked a "relief rally" in enterprise names: Microsoft (MSFT<\/a>) rose 0.85%, Salesforce (CRM<\/a>) climbed 4.2%, and DocuSign (DOCU<\/a>) jumped 4.32%. Even IBM (IBM<\/a>), which suffered its worst drop since 2000 on Monday, recovered 3.4% today.<\/p>\n

In the consumer sector, Home Depot (HD<\/a>) reported fourth-quarter fiscal 2025 results that beat analyst expectations. The home improvement giant posted adjusted earnings per share of $2.72 on revenue of $38.2 billion. Despite "ongoing consumer uncertainty," the company raised its quarterly dividend by 1.3% to $2.33 per share and provided optimistic guidance for fiscal 2026. Shares of Home Depot (HD<\/a>) finished the day up 3.06%.<\/p>\n

Other notable movers included Keysight Technologies (KEYS<\/a>), which skyrocketed 23.6% after a massive earnings beat and a 30% revenue growth forecast. Conversely, Novo Nordisk (NVO<\/a>) fell 2.35% after announcing plans to cut the price of its popular weight-loss drug Ozempic by up to 50% starting next January following a clinical trial disappointment.<\/p>\n

Policy and Economic Outlook<\/h2>\n

The market's recovery occurred against a backdrop of significant geopolitical and policy shifts. President Donald Trump<\/a>\u2019s new 10% global tariff officially took effect today, with the administration signaling a potential increase to 15% in the coming weeks. While these "Section 122 Duties" initially rattled markets, investors today appeared more focused on the deflationary potential of AI-driven productivity gains.<\/p>\n

On the economic front, the Conference Board\u2019s Consumer Confidence Index rose to 91.2 in February, beating expectations of 89.0. However, the S&P\/Case-Shiller Home Price Index showed a modest 1.4% year-over-year increase, trailing the current rate of inflation and highlighting continued pressure in the housing market.<\/p>\n

Upcoming Market Events<\/h2>\n

All eyes are now turned toward Nvidia (NVDA<\/a>), which is scheduled to report its highly anticipated quarterly earnings after the close tomorrow, February 25. As the primary bellwether for the AI industry, Nvidia\u2019s results and guidance are expected to dictate the market's trajectory for the remainder of the quarter. Analysts are particularly focused on the demand for the Blackwell platform and the upcoming Rubin architecture.<\/p>\n

Additionally, investors are bracing for a major policy speech from President Trump<\/a> tonight, which may provide further clarity on trade relations and the administration's stance on AI regulation. Other upcoming data includes the EIA Crude Oil Inventories and earnings from Salesforce (CRM<\/a>) and CoreWeave later this week.<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. equity markets staged a resilient recovery on Tuesday, February 24, 2026, as investors shook off the previous session's "AI-pocalypse" […]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[6824,94],"tags":[326,633,3710,3730,3878,4179,4223,4380,4383],"class_list":["post-59058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-market-update","tag-amd","tag-nvda","tag-federal-reserve","tag-vix","tag-hd","tag-tariffs","tag-inflation","tag-stock-market","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59058","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=59058"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/59058\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=59058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=59058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=59058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}