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Market Overview
The Nasdaq and S&P 500 made a strong comeback on Tuesday, shaking off Monday’s AI-induced sell-off driven by the news from Chinese startup DeepSeek. Nvidia led the charge, rebounding nearly 9% after losing a historic $589 billion in market cap the prior session. This recovery helped ...
Market Overview
The Nasdaq took a heavy hit today, plunging over 3% as fears surrounding U.S. dominance in AI shook investor confidence. The drop was led by Nvidia, which saw a staggering 17% decline after a Chinese startup, DeepSeek, claimed its AI model outperformed U.S. competitors while being ch...
Market Overview
The S&P 500 secured its first record close of 2025, driven by optimism sparked by President Trump's remarks at the World Economic Forum in Davos. The broad-based index rose 0.55%, reaching an all-time high, while the Dow Jones Industrial Average climbed 0.9%, just shy of its own rec...
Market Overview
The Nasdaq surged nearly 1.3% on Wednesday, fueled by a rally in Netflix and enthusiasm surrounding the "Stargate" AI project spearheaded by President Trump. Netflix hit a record high after posting exceptional earnings, while the S&P 500 gained 0.6%, closing just shy of a record at ...
Market Overview
Markets soared on Tuesday as traders returned from the holiday weekend, with the Dow Jones Industrial Average gaining over 500 points to surpass 44,000. The S&P 500 climbed nearly 0.9% to close above the psychological 6,000 level, while the Nasdaq posted modest gains, advancing 0.6%...
Market Overview
U.S. markets closed the week on a high note, driven by a resurgence in tech stocks and optimism ahead of Monday's inauguration holiday. The Dow Jones Industrial Average gained 0.8%, leading a day marked by strong performances in growth sectors. The S&P 500 rose 1%, while the Nasdaq ...
Market Overview
Markets closed lower on Thursday as the Nasdaq Composite led a downturn, pressured by weakness in tech stocks and mixed earnings reports. The S&P 500 dropped 0.2%, while the Dow Jones Industrial Average slid 0.1%. The Nasdaq fell nearly 0.9%, dragged down by underperformance in Appl...
Market Overview
Markets soared on Wednesday following a cooler-than-expected inflation report, fueling optimism that the Federal Reserve might ease its monetary tightening sooner than anticipated. The Dow Jones Industrial Average climbed over 700 points, a gain of 1.6%, while the Nasdaq Composite s...
Market Overview
U.S. stocks closed mixed on Tuesday as investors braced for a pivotal inflation report due Wednesday morning. The Producer Price Index (PPI), a measure of wholesale price changes, offered a glimpse of moderating inflation with a year-over-year rise of 3.3%, slightly below expectatio...
Market Overview
Markets ended the day mixed, with the Dow Jones Industrial Average outperforming as tech stocks dragged the Nasdaq lower. Investors continued to grapple with climbing Treasury yields and a strengthening U.S. dollar, both of which dampened optimism for rate cuts. The S&P 500 recovere...
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...