Blog
Market Overview
Stocks kicked off the week with moderate gains as investors looked ahead to key inflation reports that could determine the fate of the Federal Reserve's next move. The Nasdaq led the charge, rising 0.45% and closing at a record high thanks to strength in tech. The S&P 500 and Dow ea...
Market Overview
Stocks reversed sharply on Friday after a weak jobs report confirmed growing concerns about a rapidly softening labor market. The S&P 500 gave back 0.3%, slipping from Thursday’s all-time closing high, while the Dow dropped 0.5% and the Nasdaq ended marginally lower. The losses mark...
Market Overview
Stocks surged on Thursday, with the S&P 500 hitting a fresh record high ahead of Friday’s critical jobs report. The S&P 500 climbed 0.8% to close at 6,502.08, a new all-time high, while the Nasdaq gained nearly 1%, and the Dow added 0.77%. Traders leaned into the growing belief that...
Market Overview
Stocks ended mixed on Wednesday as the Nasdaq and S&P 500 rose, boosted by strength in Big Tech, while the Dow slipped slightly following a weaker-than-expected JOLTS jobs report. Tech sentiment got a lift after Google avoided the harshest penalties in its landmark antitrust case, w...
Market Overview
Stocks opened September on a sour note, tumbling across the board as rising Treasury yields and fresh political uncertainty weighed on investor sentiment. The Dow fell about 250 points, or 0.6%, while the S&P 500 lost 0.74%, marking its worst session in over a month. The Nasdaq drop...
Market Overview
Stocks stumbled on Friday, snapping their winning streak as inflation concerns resurfaced following a closely watched PCE report. The Nasdaq led the decline, falling 1.15%, followed by a 0.6% drop in the S&P 500 and a 0.2% dip in the Dow. The retreat came after July’s “core” PCE ind...
Market Overview
Stocks pushed higher Thursday with the S&P 500 crossing the 6,500 mark for the first time, as investors responded to better-than-expected GDP data and moved past Nvidia’s earnings. The Nasdaq led gains with a 0.65% climb, while the S&P 500 rose 0.4% to another all-time high. The Dow...
Market Overview
Stocks pushed modestly higher Wednesday as investors braced for Nvidia’s earnings, widely viewed as the next major catalyst for the AI-fueled market rally. The S&P 500 rose 0.22%, hitting a fresh record close, while the Dow gained 0.32% and the Nasdaq added 0.21%. Anticipation is ru...
Market Overview
Stocks inched higher Tuesday as Wall Street balanced political drama with anticipation for Nvidia’s earnings. The Dow rose 0.3%, the S&P 500 climbed 0.4%, and the Nasdaq also gained 0.4%, shaking off Monday’s lull. The cautious rally unfolded as investors digested former President T...
Market Overview
Stocks edged lower Monday as Wall Street took a breather following last week’s powerful rally, with the Dow falling over 300 points from its fresh record high and investors shifting focus to upcoming earnings from Nvidia. The pullback came as the US dollar strengthened and profit-ta...
Market Overview
Stocks surged Friday as Fed Chair Jerome Powell’s highly anticipated Jackson Hole speech sparked a broad rally on Wall Street, fueling expectations for a September rate cut. The Dow rocketed more than 800 points, or 1.9%, to close at a new record high, while the S&P 500 added 1.5% a...
Market Overview
Stocks slid across the board on Thursday, extending recent declines as hotter-than-expected unemployment data and disappointing Walmart earnings raised fresh concerns about the strength of the economy ahead of Friday’s pivotal Jackson Hole speech. The Dow dropped 0.34%, the S&P 500 ...