U.S. stock markets slipped on Tuesday. At close in New York the Dow Jones Industrial Average settled at 49,241-down 0.3 % from the previous day. The broader S&P 500 was about 6,918 points and fell 0.8 %, while the technology‑heavy Nasdaq 100 hovered near 25,339 and dropped 1.6 %.
A dispute between chip designer Nvidia and ChatGPT developer OpenAI has fueled doubts about the role of artificial intelligence in economic growth, adding pressure to the Nasdaq. Investors were also weighing the House of Representatives’ agreement to end the government shutdown, which the Senate had already approved. If President Donald Trump signs the bill, most U.S. government agencies could resume operations after three days of shutdown. However, the funding for the Department of Homeland Security, which includes ICE, will expire next week.
The euro strengthened on Tuesday evening: one euro bought 1.1824 U.S. dollars, meaning one dollar was worth 0.8457 euros.
Gold saw a sharp rally; the price reached $4,960 per troy ounce-a 6.4 % increase-equivalent to €134.88 per gram. Oil also rose noticeably; Brent crude was trading around $68.15 per barrel, up 2.8 % from the previous close.