Mumbai, Nov. 12 -- The Dow jumped 559.33 points (1.18%) to finish at 47,927.96 while the NASDAQ slumped 58.87 points (0.25%) to close at 23,468.30 and the S&P 500 rose 14.18 points (0.21%) to end at 6,846.61.

Wall Street's mixed performance reflects traders' uncertainty about the market outlook and potential tech bubble risks after recent volatility. Monday's rally, fueled by hopes for an end to the record U.S. government shutdown, helped stocks rebound from last week's losses, yet valuation concerns linger. Traders have mostly downplayed the shutdown's economic impact. The Dow's gains were driven by strong performances from Nike, Merck and Amgen.

Nvidia (NVDA) slumped 3.1% weighing on NASDAQ after Softbank sold its entire stake in the ...