Blog

Market Overview
Stocks wrapped up a winning week on Friday, with the S&P 500 and Nasdaq both logging weekly gains after a turbulent stretch. The Dow added 0.3%, the S&P 500 rose 0.4%, and the Nasdaq gained 0.3% as investors kept a close eye on ceasefire talks between the US and Iran. The big headlin...

Market Overview
Stocks bounced back on Thursday as the AI trade took center stage ahead of SK Hynix's highly anticipated Nasdaq debut on Friday. The Nasdaq led the charge with a 1.3% gain, the S&P 500 added 0.8%, and the Dow tacked on more than 0.2% after Wednesday's mixed close. The South Korean me...

Market Overview
Wednesday's session ended mixed as escalating US-Iran tensions rattled markets and sent oil prices sharply higher. After American forces carried out strikes against Iran late Tuesday in response to attacks on commercial vessels in the Strait of Hormuz, President Trump declared the US...

Market Overview
Stocks pulled back Tuesday as the semiconductor sector came under pressure from two separate headlines. Samsung reported a staggering 19-fold jump in Q2 operating profit thanks to AI-driven demand, but investors fixated on concerns about its AI spending plans and future demand outloo...

Market Overview
Stocks kicked off the week on a positive note Monday, with the Nasdaq leading the charge with a 1.1% gain as tech stocks bounced back from their recent slump. The S&P 500 added 0.7%, and the Dow edged up 0.3% to close above 53,000 for the first time, building on last week's record-se...

Market Overview
Stocks went their separate ways Thursday as investors chewed over a June jobs report that muddied the rate outlook and the chip sector continued its slide. The Dow surged more than 1.1% toward a new record high, while the S&P 500 barely moved and the Nasdaq dropped 0.8% as tech selli...

Market Overview
Stocks kicked off the third quarter on a sour note Wednesday, with the S&P 500 slipping 0.2% and the Nasdaq dropping 0.6% as semiconductor stocks pulled back. The Dow dipped below the flatline after its fresh record-high close from the day before. Markets did bounce off their session...

Market Overview
Stocks finished higher Tuesday to close out a blockbuster second quarter, with the Dow edging up nearly 0.3% to another fresh record after crossing 52,000 for the first time on Monday, the S&P 500 gaining 0.8% for its best quarter since 2020, and the Nasdaq rallying 1.6% on the back ...

Market Overview
Stocks kicked off the week with a strong rally Monday, with the Dow Jones Industrial Average crossing 52,000 for the first time ever — closing at a record — while the S&P 500 gained 1.2% and the Nasdaq surged 2%, both bouncing back after last week's sharp losses. A big catalyst for t...

Market Overview
Thursday's session was a study in contrasts, with the market split between relief from Micron's blowout earnings and fresh anxiety over Big Tech's cash burn and a hotter-than-expected inflation print. The Nasdaq slipped 0.6% while the S&P 500 hugged the flat line and the Dow edged up...

Market Overview
US stocks mostly failed to mount a recovery Wednesday after Tuesday's brutal tech selloff, with the Nasdaq and S&P 500 slipping another 0.4% and 0.1%, respectively. The Dow managed a modest 0.3% gain, benefiting from its lighter tech exposure. Selling pressure in AI-linked names cont...

Market Overview
Stocks took a beating on Tuesday as a selloff in memory chipmakers reignited doubts about AI valuations across the board. The Nasdaq led the decline with a roughly 2.1% drop, while the S&P 500 shed 1.4% and the Dow barely escaped, finishing just below flat. The pain was centered squa...