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Market Overview
US stocks slipped on Monday as investors continued to rotate out of richly valued tech and AI names and into more reasonably priced value and cyclical plays while bracing for a heavy dose of delayed economic data. The S&P 500 and Dow both drifted lower by about 0.1%, while the tech-h...
Market Overview
US stocks finally hit the brakes on Friday, with a sharp rotation out of tech putting pressure on the major indices and capping what turned into a rough week for growth and AI names. The Nasdaq led the slide with a 1.6% loss, continuing its tech-heavy slump, while the S&P 500 dropped...
Market Overview
Stocks extended their gains Thursday following Wednesday’s post-FOMC breakout, with the Dow notching another record high and the S&P 500 inching closer to 7,000. Investors remained focused on the Fed’s dovish shift, which is fueling confidence in a year-end rally. Despite a sharp ove...
Market Overview
Stocks rallied on Wednesday following the Federal Reserve’s widely anticipated quarter-point rate cut, lifting the Dow more than 500 points and pushing the S&P 500 just shy of a record high. The Fed’s decision, its third cut this year, puts the benchmark rate in a range of 3.5% to 3....
Market Overview
Stocks closed mixed Tuesday as investors remained cautious ahead of Wednesday’s pivotal Fed decision, with sentiment shifting intraday following a surprise uptick in job openings. The Dow slid 0.4%, dragged lower by JPMorgan after executives flagged higher 2026 costs. The Nasdaq eked...
Market Overview
Stocks fell Monday as Wall Street prepared for the Fed’s final policy meeting of the year while deal drama between Netflix and Warner Bros. Discovery continued to play out. The S&P 500 slipped 0.40%, the Dow fell 0.50%, and the Nasdaq dipped 0.20%, snapping a four-day win streak for ...
Market Overview
Stocks moved higher on Friday as Wall Street reacted positively to a cooler reading in the Fed’s preferred inflation gauge, increasing confidence that the central bank will cut rates next week. The S&P 500 rose 0.19%, bringing it within striking distance of its first record close sin...
Market Overview
Stocks ended little changed Thursday as Wall Street digested a fresh round of jobs data and increasingly priced in a December rate cut. The Dow fell 0.07%, the S&P 500 edged up 0.09%, and the Nasdaq rose 0.22%. Investors remain focused on the Fed’s upcoming meeting, with FedWatch now...
Market Overview
Stocks drifted modestly higher on Wednesday, supported by steady economic data and a rebound in crypto markets. The Dow rose 0.39%, the S&P 500 added 0.30%, and the Nasdaq gained 0.59%, marking the first day of broad stabilization after a weak start to the month. Sentiment improved a...
Market Overview
Stocks edged higher on Tuesday as the market attempted to shake off Monday’s weakness, with all major indices logging modest gains and Bitcoin roaring back above $91,000. The Dow rose 0.39%, the S&P 500 added 0.30%, and the Nasdaq climbed 0.59%, buoyed by strength in Apple, which clo...
Market Overview
Stocks stumbled out of the gate to start December, with all major indices closing lower following last week’s holiday-shortened optimism. The Dow dropped 0.89%, its worst daily performance in nearly a month, while the S&P 500 fell 0.45% and the Nasdaq declined 0.38%. After finishing ...
Market Overview
Stocks extended their rally for a fourth straight session on Tuesday, with the Dow jumping 1.41%, the S&P 500 gaining 0.93%, and the Nasdaq climbing 0.67%. The session’s gains were fueled by growing expectations of a December rate cut and confirmation that inflation pressures are eas...