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Market Overview
U.S. markets took a sharp hit on Friday following the release of a surprisingly strong December jobs report, which added to inflation worries and renewed uncertainty around interest rate trajectories. The Dow Jones Industrial Average plunged approximately 1.6%, wiping out year-to-da...
Market Overview
U.S. markets struggled for direction on Wednesday, closing flat after an indecisive trading session marked by light volumes and a lack of major catalysts ahead of Thursday’s holiday. SPY ended just barely in the green, reflecting investor caution as markets navigated mixed macroecon...
Market Overview
U.S. stocks ended Tuesday with broad declines as cautious investors digested mixed economic data and a recalibration of Federal Reserve rate cut expectations. The tech-heavy Nasdaq suffered the steepest losses, plunging 1.9%, led by a sharp 6% drop in Nvidia following its record clo...
Market Overview
U.S. stocks advanced on Monday as a rally in semiconductor stocks led the tech-heavy Nasdaq to a 1.2% gain, outpacing other major indices. Nvidia surged over 3% to close at a record high after its server partner Foxconn announced strong revenue and robust AI-driven sales projections...
Market Overview
U.S. markets ended the week on a high note as a robust rebound in technology stocks led to gains across major indices. The Nasdaq soared by 1.8%, propelled by sharp rallies in Tesla and Nvidia, while the S&P 500 advanced 1.3%, and the Dow Jones Industrial Average climbed 0.8%. Tesla...
Market Overview
Stocks began the new year with a muted performance, struggling to maintain early session gains as Wall Street returned from its holiday break. The S&P 500 declined by 0.2%, while the Dow Jones Industrial Average shed 0.3% or roughly 150 points. The Nasdaq Composite dropped less than...
Market Overview
Stocks ended 2024 on a mixed and subdued note as the major indices struggled for direction amidst a year that delivered impressive gains. The S&P 500 slipped 0.4%, while the Nasdaq Composite led losses with a 0.9% decline, and the Dow Jones Industrial Average hovered just below the ...
Market Overview
Stocks continued their slide on Monday, with the S&P 500 dropping over 1%, the Nasdaq Composite falling 1.2%, and the Dow Jones Industrial Average declining 0.8%. This decline extended the final week of the year’s losses as the market showed little momentum to recover. Despite a ste...
Market Overview
U.S. stocks ended the day lower, snapping a streak of weekly gains, as major indices faced a pullback amid profit-taking and cautious trading. The S&P 500 dropped 1.1%, while the Nasdaq Composite fell 1.5%, reflecting broad losses in Big Tech. The Dow Jones shed 0.8%, rounding out a...
Market Overview
U.S. stocks posted mixed results in a subdued session following the Christmas holiday, as the Santa Claus rally appeared to lose momentum. The S&P 500 dipped below the flatline, while the Nasdaq also struggled to maintain gains, indicating an overall lack of directional conviction. ...
Market Overview
U.S. stocks rallied during the final, shortened trading session before Christmas, marking the start of the traditional "Santa Claus" rally. The Nasdaq Composite led with a robust 1.4% gain, followed by a 1.1% rise in the S&P 500 and a 0.9% climb in the Dow Jones Industrial Average. T...
Market Overview
Stocks surged on Monday as the technology sector led a rally, reflecting investor optimism for 2025 despite concerns over Federal Reserve policy. The Nasdaq climbed nearly 1%, propelled by semiconductor giants like Nvidia, which rose more than 3%, and Broadcom, up over 5%. The S&P 5...