S&P 500, Nasdaq Lower as AI Uncertainties Linger

Stocks closed the book on a dramatic week with a thud, as hotter-than-expected inflation data dinged investor sentiment. While the Dow eked out a marginal gain, the S&P 500 and Nasdaq finished lower. Elsewhere, Nvidia (NVDA) continued its sharp selloff, as trade hostilities with China reframe the controversy.

Despite the red ink today, all three major indexes finished with weekly wins -- the S&P 500 and Nasdaq's first in four weeks. Looking ahead, it's a pivotal week for tech, with Nvidia earnings and Anthropic's IPO on deck.

Continue reading for more on today's market, including: 

• 2 AI infrastructure stocks getting options trader attention.
• Cosmetics stock could score big gains for traders.
• Plus, Microsoft's outage fallout; a surging biotech; and an oil price timeline for 2026. 

5 Things to Know Today

1. High beta growth stocks with a large week ahead.
2. Schaeffer's Power Five: get all our favorite options strategies under one roof.
3. How did Microsoft stock handle the massive Outlook outage?
4. This biotech stock could send short sellers packing.
5. Tracking black gold's volatile year.

Commodities Log Weekly Losses

Oil prices were subdued today, but logged their second-straight weekly loss. December-dated West Texas Intermediate (WTI) shed 20 cents, or 0.2% close at $88.52. For the week, black gold fell 2.5%.

Gold prices bounced back today but fell for the week. December-dated gold futures added $1.30 or 0.6% to settle at $3,907.50 per ⁠ounce. For the week, the safe-haven asset dropped 4%.