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Happy Tuesday. This is TheStreet’s Stock Market Today for Feb. 24, 2026. You can follow the latest updates on the market here in our daily live blog.
This story is developing and will have new details added shortly.
After a disappointing Monday, investors wiped that red off the board with a stellar Tuesday of trading. The Russell 2000 (+1.20%) led the pack, joined by the Nasdaq (+1.04%) in a market-wide rebound.
Top of mind for traders today were a mix of AI-related headlines, including a new “mega deal” between Advanced Micro Devices and Meta, as well as a new feature drop by Anthropic.
The S&P 500(+0.77%) saw ten of its eleven sectors advance, buoyed by cyclicals (+1.59%), which jumped after a positive print on the CB Consumer Sentiment survey this morning.
In the index, specialty retailers like Williams-Sonoma (+3.5%) and Ulta (+2.5%), automakers like Ford (+4%) and GM(+2%), and travel firms like Booking Holdings (+5%), Expedia (+5.1%), and Royal Caribbean (+4.6%) outstripped cyclical giants like Tesla (+2.4%) and Amazon (+1.6%).
Collectively, they put up a performance that outstripped the broader index in its comeback trade.
The Dow (+0.76%) jumped 370 points as 26 of its holdings advanced. Salesforce (+4.07%, earnings on Wednesday), IBM(+2.67%, rebound from yesterday’s FUD trade), and Apple (+2.25%, dividend hike murmurs) were to thank.
With just a few more minutes until the market closes, here are the P.M. Earnings slate, courtesy of FinViz:
In the last few weeks, it had been speculated that PayPal might be the object of some hefty bids from competing fintech companies. Perhaps we already know the firm most serious in a takeout: Stripe, which just closed its $159 billion valuation round today. In a report from Bloomberg, released in just the last few minutes, the company is said to be evaluating its options. Among them could be an acquisition of parts of the business, or the business in its entirety.
In the margins, Elon Musk‘s X could also be a potentially interested suitor given the billionaire’s former affiliation with the company, plus a desire to inject financial services into the social app’s ecosystem. However, such a deal would be made complicated by SpaceX‘s recent acquisition of Xai, which itself had acquired the social media giant after a significant valuation haircut.
Heading into midday, 65.8% (3,655) issues are advancing against 31.3% (1,740) that are in decline. Here’s a look at the top and bottom 20 stocks in the market today:
Atop the market, Keysight Technologies (+21.56%), ImmunityBio (+18.94%), and Leonardo DRS (+15.64%).
Advanced Micro Devices (+9.9%) also made the cut after announcing its AI mega deal with Meta.
Among the stragglers today are Xometry (-22.4%), Ceco Environmental (-20.84%), and Whirlpool Corp (-12.29%).
After a tepid Monday, U.S. equities are soldiering back today amid a mix of positive catalysts, including a new AI ‘mega deal’ between AMD and Meta. The Nasdaq is now up about 1% on the day, joined by the Russell 2000, Dow, and S&P 500 in the upwards trajectory.
Good morning. The U.S. stock market is now open for the day.
Not even 24 hours after artificial intelligence (AI) company Anthropic announced new COBOL-related tools, the company announced new legal features, stirring up fresh anxiety in a sector already once-hit by the threat of AI tools.
30 minutes into the trading day, the Russell 2000 (+0.60%) and Dow (+0.43%) are officially in rebound mode today, recovering some of yesterday’s steep losses. The Nasdaq (+0.25%) and S&P 500 (+0.09%) are seeing more tepid advances. However, stocks are still rising, so these numbers could improve as the day goes on.
In the S&P 500, five sectors are advancing this morning. Among them are discretionary (+0.84%) and technology (+0.81%), which are helping keep the index in the red despite larger declines in financials (-0.73%) and energy (-0.55%).
Bolstering the AI case today, Advanced Micro Devices (+6%) announced a $60 billion deal with social giant Meta, infusing fresh optimism into the AI trade amid jitters about capital expenditure spending. The “chips for stock” will also include an option for the latter to buy up to 10% of the company.
On the flip, the controversial Citron Research is “short” hardware storage company SanDisk, one of the market’s best-performing stocks. Citron argues that SanDisk is valued like Nvidia, but without a moat. “SanDisk sells a commodity,” it says. “Memory is a cycle, and cycles peak.” The report has weighed on SanDisk, as well as other market peers.
After a disappointing miss in a trial of its latest weight loss drug, Novo Nordisk (-2.35%) said today that it would cut the price of Ozempic/Wegovy by “up to 50%” next January, listing the meds for $675/mo, a move which might help it make a dent in the increasingly competitive GLP-1 market.
Aside from how stocks are starting the day, here are some of the things you need to know about earnings and economic data:
Here are how this morning’s biggest earnings (sorted by market cap) are reacting after the market open, per FinViz:
As we pass through the 10 a.m. hour, most of today’s big economic datapoints have already released. Here are the highlights:
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ADP Employment Change rose 12.75K in the latest week, up from 11.5K last week.
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The Redbook index rose 6.7% year-over-year in the week of Feb. 23, down from 7.2% in the previous week.
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S&P/Case-Shiller Home Price rose just 1.4% year-over-year, in line with expectations, but not keeping pace with the rate of inflation.
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The Conference Board Consumer Confidence Index landed at 91.2 in February, up from 89 in January, beating expectations.
If you prefer to peruse the stacks, here is how that data shook out, per TradingEconomics:
Also, you probably noted the dark red box around the event on the bottom. Tonight, President Donald Trump is expected to deliver a lengthy State of the Union Speech. It could cover a wide array of economic and market-related topics.
This story was originally published by TheStreet on Feb 24, 2026, where it first appeared in the Latest Business & Market News section. Add TheStreet as a Preferred Source by clicking here.