HomeMarketsU.S. EconomyStock Market Today: Chip Stocks Rally, PLTR Sheds 5%, FUBO Soars
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Stock Market Today: Chip Stocks Rally, PLTR Sheds 5%, FUBO Soars

Stock Market Today: Chip Stocks Rally, PLTR Sheds 5%, FUBO Soars

The trading day started with a rally across the board but faded throughout the day, leaving only the SPX and NDX with green shoots. Much of that rally came from chip stocks like Nvidia (NVDA) and TSMC (TSM) after Microsoft (MSFT) announced it would spend $80 billion on data centers. Palantir (PLTR) did not join the tech rally, but Fubotv (FUBO) saw an explosive upside shoot thanks to its new Walt Disney (DIS) deal. Diane King Hall rans through the day's biggest headlines.

06 Jan 2025

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