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Market Overview
Stocks ended the week on a mixed note Friday, with the major averages logging a second straight week of gains, even as rate-cut expectations were muddied by fresh economic data. After a hot PPI reading on Thursday triggered doubts about the Fed's next move, Friday brought more confl...
Market Overview
Stocks hit the pause button Thursday as a surprisingly hot Producer Price Index (PPI) report clipped momentum from the recent rate-cut rally. Wall Street was initially riding high on hopes of a jumbo rate cut in September, but that optimism was tempered after July’s PPI came in much...
Market Overview
Stocks climbed for a second straight session Wednesday as the S&P 500 and Nasdaq notched back-to-back record highs, bolstered by a surge in Federal Reserve rate cut expectations. The Dow Jones led the way, jumping more than 450 points, or 1.04%, putting it within striking distance o...
Market Overview
The S&P 500 notched a major milestone Tuesday, closing above 6,400 for the first time ever, as Wall Street cheered fresh inflation data and rate cut optimism surged. The broad rally followed the release of the July Consumer Price Index, which showed headline inflation rising 2.7% ye...
Market Overview
US stocks started the week on uneven footing as traders weighed reports that President Trump granted another 90-day extension for steeper China tariffs and looked ahead to key inflation data. The Dow Jones Industrial Average slipped 0.45%, the S&P 500 eased 0.21%, and the Nasdaq los...
Market Overview
US stocks ended the week with another strong push higher as investors weighed President Trump’s nomination of Stephen Miran to the Federal Reserve Board of Governors and digested the first full trading session under the administration’s sweeping new tariffs. The Nasdaq Composite led...
Market Overview
Stocks climbed again on Wednesday as traders balanced the latest round of earnings with growing trade tensions. The S&P 500 rose over 0.7%, the Nasdaq led with a 1.2% gain, and the Dow edged higher by 0.2% in a session powered by Big Tech. Apple soared nearly 6% after news broke tha...
Market Overview
Stocks pushed higher Wednesday as Big Tech surged and traders braced for the next wave of tariffs, capping a session dominated by corporate earnings and headline risk. The S&P 500 climbed over 0.7%, the Nasdaq soared 1.2%, and the Dow added 0.2%, reversing Tuesday’s pullback. Apple ...
Market Overview
Wall Street hit pause Tuesday as investors weighed corporate earnings, a muted ISM services print, and another wave of tariff drama from the White House. The S&P 500 dipped 0.5%, the Dow eased 0.1%, and the Nasdaq slid 0.7% as market momentum faded after Monday’s powerful rally. The...
Market Overview
Markets came roaring back Monday, with Wall Street mounting its strongest rally since May as investors shrugged off last week’s sharp declines and jumped back into risk assets. The Dow surged nearly 600 points, gaining 1.3%, while the S&P 500 climbed 1.5%. The Nasdaq led all indices...
Market Overview
Markets cratered Friday as confidence collapsed under the weight of President Trump’s sweeping tariff escalation and a surprisingly weak July jobs report. The Dow plunged over 500 points, or 1.23%, while the S&P 500 lost 1.62%, marking its worst single-day drop since May. The Nasdaq...
Market Overview
Markets slipped Thursday as July ended on a cautious note, with investors eyeing President Trump’s looming tariff deadline and Friday’s pivotal jobs report. Despite strong earnings from Microsoft and Meta, sentiment cooled as the S&P 500 dropped 0.4%, the Dow sank 0.7%, and the Nasd...
