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Market Overview
Stocks finished Monday on a mixed note as a handful of big storylines kept traders busy. The Dow managed a gain of more than 0.2%, but the S&P 500 slipped nearly 0.4% and the Nasdaq took the hardest hit, dropping 1.3%, largely driven by a 5% slide in Alphabet. Amazon, Meta, and Nvidi...
Market Overview
US stocks staged a strong recovery Thursday, bouncing back from the previous session's FOMC-driven selloff as technology and cyclical stocks led a broad-based rally. The S&P 500 rose 1.08% to close at 7,501, the Nasdaq surged 1.91% to 26,518, and the Russell 2000 led all major indexe...
Market Overview
US stocks took a broad hit Wednesday after the Federal Reserve held rates steady in its first decision under new Chair Kevin Warsh, but delivered a hawkish surprise — nine of the 18 FOMC members who submitted projections now see a rate hike coming before year-end. That was enough to ...
Market Overview
Wall Street turned mixed on Tuesday as enthusiasm over the US-Iran peace deal started to cool. The Dow climbed 0.6% to a fresh record, extending Monday's rally, but the S&P 500 dropped 0.6% and the Nasdaq fell 1.1% as investors began questioning how quickly the Strait of Hormuz can a...
Market Overview
Futures drifted lower to start Tuesday as Wall Street shifted attention from the US-Iran deal euphoria to the Federal Reserve's two-day policy meeting kicking off today. Dow futures hugged the flat line, S&P 500 futures slipped 0.1%, and Nasdaq 100 futures fell 0.3% as traders took a...
Market Overview
Stocks edged higher Friday as SpaceX's blockbuster market debut dominated trading floors while investors grew increasingly optimistic about a potential US-Iran peace deal. The S&P 500 rose 0.5% to 7,431, the Dow gained 0.7% adding 354 points to close above 51,200, and the Nasdaq adva...
Market Overview
US stocks staged a powerful rally Thursday after President Trump dramatically reversed course on Iran, calling off planned strikes and suggesting peace negotiations were advancing to the highest levels of Iranian leadership. The Dow surged over 900 points or 1.8%, while the S&P 500 c...
Market Overview
US stocks tumbled Wednesday as inflation soared to its highest level in three years and escalating US-Iran military tensions dashed hopes for peace talks. The Nasdaq plunged 2% while the Dow crashed 1.9%, shedding around 950 points, as the S&P 500 dropped 1.6%. May's Consumer Price I...
Market Overview
US stocks closed mixed Tuesday as markets recovered from deeper afternoon losses amid renewed geopolitical tensions between the US and Iran. The S&P 500 fell 0.3% while the Nasdaq dropped 1%, both paring back much steeper declines of 2.7% and 3.3% respectively during the session. The...
Market Overview
US stocks staged a modest rebound Monday after Friday's tech bloodbath, with the Nasdaq jumping 0.9% as semiconductor stocks bounced back from their brutal selloff. The S&P 500 gained 0.3% while the Dow slipped 0.2%, as investors tried to assess whether the AI trade remained intact a...
Market Overview
US stocks tumbled Friday as a surprisingly strong jobs report crushed tech and sparked fears the Federal Reserve will need to raise rates to combat an overheating economy. The Dow fell 1.3% while the S&P 500 sank 2.6%, but the tech-heavy Nasdaq bore the brunt of the selling with a br...
Market Overview
US stocks mostly climbed Thursday despite fresh concerns about President Trump's Iran negotiations and a major stumble in the AI semiconductor trade that sent shockwaves through tech. The Dow surged over 1.8% to a fresh record high as investors rotated away from chips into cyclical s...