Stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. The losses were made worse by sharp declines for the Big Tech stocks known as the “Magnificent 7”, which can heavily influence the direction of the market because of their large size.

Meta is undoubtedly a great pick, but Nvidia still has a lot of room to run. It also happens to be a favorite of many of Wall Street's billionaires, appearing at the top of several funds. Both of these stocks will likely continue to lead the AI industry and outperform the broader market.

Tech dominated market returns in 2024, but Wall Street is expecting more winners in 2025. Investors should be bullish on these 4 sectors.

Darden Restaurants, the company behind Olive Garden and other chains, helped lift the market after leaping 15.5%. It delivered profit for the latest quarter that edged past analysts’ expectations. The operator of LongHorn Steakhouses also gave a forecast for revenue for this fiscal year that topped analysts’.

Stocks are broadly higher in trading on Wall Street, led by gains in Big Tech stocks. The S&P 500 was up 0.7% Tuesday.

The Dow was lower by around 350 points, or 0.7%, in early-afternoon trading, the S&P 500 lost 1.2% and the Nasdaq Composite was down by 1.6% after a selloff in Big Tech stocks. Shares of Tesla ( TSLA) fell by around 4.5%, while Amazon ( AMZN ), Alphabet ( GOOG ), Microsoft ( MSFT )and Nvidia ( NVDA) were all lower by around 2%.

Stock indexes are edging higher in morning trading on Wall Street as gains for some Big Tech stocks make up for weakness elsewhere in the market

Nvidia's business is booming, but the stock is still quite expensive. Should you consider a lower-priced tech giant instead?

This year has been one of milestones for top tech company Nvidia (NASDAQ: NVDA). Nvidia also won a spot among the elite, with an invitation to join the Dow Jones Industrial Average, and the stock became the best performer on the benchmark for the year.