Wall Street: US indices are higher – investors are buying tech stocks again

US stocks are recovering after last week's chip sell-off. Now the focus is on the quarterly figures from Meta and Tesla. They are intended to show how viable the AI ​​boom is.

A street sign on Wall Street in New York. Photo: dpa

Dusseldorf. The Nasdaq 100 lost 5.5 percent last week. At the start of the week, however, there was a turnaround because investors were buying again after the sell-off. The majority of the most important indices are in the profit zone in early trading.

The Dow Jones standard values ​​remain unchanged at just under 52,000 points.

The broad S&P 500 rose by 0.7 percent to 7,712 points.

The Nasdaq technology exchange gained 1.6 percent to 26,550 points.

The Nasdaq 100, which tracks the 100 non-financial companies with the highest market capitalization, rose by 1.8 percent to 29,707 points.

Investors are using the comparatively low level to get back into business. However, analysts warn that the market recovery remains fragile for now. Despite the profits, fundamental doubts have not been dispelled.

More and more investors are asking themselves whether the high investments in artificial intelligence (AI) are actually paying off. The situation on the credit markets, high inflation and the upcoming US midterm elections are also weighing on the mood. The increasing price fluctuations show how strongly the markets react to new news.

“The sell-off shows the risk of a high concentration on a few technology and AI stocks,” says Maximilian Wienke, market analyst at eToro. He therefore advises investors to check the weighting of individual stocks, the sector distribution and the dependence of their portfolio on the AI ​​rally. "It makes more sense to identify the greatest risks and gradually rebalance the portfolio if necessary." The investment horizon, risk profile and company quality remain crucial.