Back to News
investment

Stocks Make More Big Up and Down Moves: Stock Market Today

David Dittman
Loading...
7 min read
0 likes
⚡ Quantum Brief
AI-driven volatility now dominates markets, replacing trade policy as the primary driver of stock swings in early 2026, with the VIX spiking above its normal range as investors grapple with disruptive tech’s uncertain ROI. Utility stocks like DTE Energy surged 30% after securing a $7B data center deal with Oracle, showcasing how AI’s power demands are reshaping infrastructure investments and regulatory approvals in key states like Michigan. Nvidia’s upcoming Q4 earnings (Feb 25) remain a bellwether for AI’s market impact, as sectors face divergent outcomes—some disrupted, others buoyed—amid persistent volatility despite near-record index highs. Hapag-Lloyd’s $4.2B acquisition of ZIM creates the world’s fifth-largest shipping firm, reflecting consolidation trends as freight rates collapse, while AI-driven demand fuels niche growth like utility power contracts. Fed policy looms with FOMC minutes and inflation data this week, but AI’s dual role—as both headwind and tailwind—keeps investors cautious, with pullbacks seen as potential entry points in resilient sectors.
AI Audio Summary
0:00 / 0:00
Click to play
Stocks Make More Big Up and Down Moves: Stock Market Today

The impact of revolutionary technology has replaced world-changing trade policy as the major variable for markets, with mixed results for sectors and stocks. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.You are now subscribedYour newsletter sign-up was successfulWant to add more newsletters?Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more delivered daily. Smart money moves start here.Get practical help to make better financial decisions in your everyday life, from spending to savings on top deals.Get today's biggest financial and investing headlines delivered to your inbox every day the U.S. stock market is open.Financial pros across the country share best practices and fresh tactics to preserve and grow your wealth.Trim your federal and state tax bills with practical tax-planning and tax-cutting strategies.Your twice-a-week guide to planning and enjoying a financially secure and richly rewarding retirementInsights for advisers, wealth managers and other financial professionals.Your twice-a-week roundup of promising stocks, funds, companies and industries you should consider, ones you should avoid, and why.Your step-by-step six-part series on how to invest for retirement, from devising a successful strategy to exactly which investments to choose. The main U.S. equity indexes were up and down to start a holiday-shortened week on Wall Street, but all three managed to post modest gains. Uncertainty about artificial intelligence (AI) has replaced President Donald Trump's tariff policy as the primary variable for price action so far in 2026, with markets struggling to make sense of this revolution in terms of return on investment.The Cboe Volatility Index (VIX) spiked to 22.96 from 21.20 on Friday but settled at 20.24. The market's "fear index" is up from 14.95 at the end of 2025, and sits just above the high side of its "normal" range of 12 to 20."Overall, the market is still close to record highs," E*TRADE from Morgan Stanley Managing Director Chris Larkin observes, "but it may not feel that way to some investors because of the sharp sell-offs that seem to derail upswings almost as soon as they begin."Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special IssuesProfit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.Profit and prosper with the best of expert advice - straight to your e-mail.As Larkin notes, "AI disruption concerns are now hitting other sectors. If that theme persists, it could result in a bumpy road for the market, even if the overall trend is to the upside." Pullbacks, he adds, "may offer opportunities in industries and specific stocks where AI is just as much of a potential tailwind as a headwind."The Empire State Manufacturing Index slipped to 7.1 in February from 7.7 in January, but was roughly in line with consensus expectations. The NAHB Housing Market Index (HMI) printed at 36 for February, down from 37 in January and missing expectations for a slight improvement.In the aftermath of a January Consumer Price Index (CPI) report that showed inflation slowed and a January jobs report that showed hiring sizzled to start the year, the biggest events on this week's economic calendar include the minutes from the January Federal Open Market Committee (FOMC) meeting and the Fed's preferred inflation gauge.This week's earnings calendar includes reports from Deere (DE, -0.3%) and Walmart (WMT, -3.8%). AI bellwether Nvidia (NVDA, +1.2%) is scheduled to report its fiscal 2026 fourth-quarter results on February 25.At the closing bell, the Nasdaq Composite was higher by 0.1% at 22,578, the S&P 500 had added 0.1% to 6,843, and the Dow Jones Industrial Average was up 0.1% at 49,533.Looking for more timely stock market news to help gauge the health of your portfolio? Sign up for Closing Bell, our free newsletter that's delivered straight to your inbox at the close of each trading day.DTE Energy (DTE, -0.2%), among the utility stocks benefiting from demand for electricity to power the AI boom, reported operating earnings of $1.65 per share for the fourth quarter, up from $1.51 a year ago and above a consensus forecast of $1.52.DTE stock surged in pre-market trading, rising more than 30% after management reiterated 2026 guidance (pdf) for operating EPS of $7.59 to $7.73, which would represent 4.1% growth at the midpoint vs 2025 EPS of $7.36.In December 2025, the Michigan Public Service Commission (MPSC) conditionally approved an agreement between DTE and a subsidiary of Oracle (ORCL, -3.8%) to provide 1.4 gigawatts (GW) of power to a $7 billion data center project in Saline Township, Michigan.As DTE noted in a statement announcing its results, the deal "is expected to produce significant affordability benefits for its electric customers and drive economic progress in Michigan."Revenue from the agreement, which runs through 2045 with options to extend, will "cover the costs associated with powering the data center," and "DTE's existing customers will not subsidize data-center rates."Despite "heightened noise around data‑center development" in Michigan, DTE continues "to receive constructive, balanced regulatory outcomes," observes Mizuho Securities analyst Anthony Crowdell.Crowdell describes DTE as a "premium" utility due to AI-driven demand in its home state and rates the stock Outperform (Buy) with a 12-month target price of $144.ZIM Integrated Shipping Services (ZIM, +25.5%) surged on Tuesday following an announcement on Monday that Germany-based container shipping company Hapag-Lloyd (HLAGF, +0.1%) has agreed to buy the U.S.-listed, Israel-based industrial stock for $35 per share in cash.Amid collapsing freight rates and container volumes, Hapag-Lloyd will pay a total of $4.2 billion for its rival, subject to ZIM shareholder and relevant regulatory approvals.The combined entity will be the fifth-largest container shipping company in the world, including more than 400 vessels with total capacity exceeding 3 million 20-foot equivalent units (TEU) and an annual cargo volume forecast of more than 18 million TEU in 2027.Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.David Dittman is the former managing editor and chief investment strategist of Utility Forecaster, which was named one of "10 investment newsletters to read besides Buffett's" in 2015. A graduate of the University of California, San Diego, and the Villanova University School of Law, and a former stockbroker, David has been working in financial media for more than 20 years. This increasingly popular Chinese game can teach us not only how to help manage our money but also how important it is to connect with other people. "Wealth Your Way" by Cosmo DeStefano offers a highly accessible guide for young adults and their parents on building wealth through simple, consistent habits. How can advisers reassure clients nervous about their plans in an increasingly complex and rapidly changing world? This conversational framework provides the key. This increasingly popular Chinese game can teach us not only how to help manage our money but also how important it is to connect with other people. "Wealth Your Way" by Cosmo DeStefano offers a highly accessible guide for young adults and their parents on building wealth through simple, consistent habits. How can advisers reassure clients nervous about their plans in an increasingly complex and rapidly changing world? This conversational framework provides the key. Small rental properties can be excellent investments, but you can use 1031 exchanges to transition to commercial real estate for bigger wealth-building. Roth conversions are all the rage, but what works well for one household can cause financial strain for another. This is what you should consider before moving ahead. Retirement planning is less about hitting a "magic number" and more about an intentional journey — from understanding your relationship with money to preparing for your final legacy. When retirement is in reach, financial planning gets serious — and there's a heightened risk of making serious mistakes, too. Here are five common slipups. Dividing funds into a safety bucket, an income bucket and a growth bucket can help to cover immediate expenses, manage cash flow and promote growth.

Read Original

Source Information

Source: Kiplinger

Discussion

0 professional contributions

Sign in to join this professional discussion.

Be the first to add a constructive contribution.