Dow Jones today: DJIA climbs 300 points as Home Depot beats estimates and IBM rebounds
The Dow Jones Industrial Average climbed 304 points to 49,108.39 by late Tuesday morning, rebounding after an 822-point drop Monday. Gains in IBM, Salesforce, and Home Depot offset losses from UnitedHealth. Home Depot beat earnings estimates, while IBM recovered from its steepest fall in 25 years linked to AI-driven concerns over COBOL modernization. AMD announced a $60 billion AI chip deal with Meta Platforms.