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U.S. stocks fell on Thursday after August producer price data and surging oil prices stoked worries the Federal Reserve will hike rates next week, while rising Treasury yields made stocks less attractive. Heavyweight chipmakers also lost ground.
U.S. equities fell Thursday as investors weighed wholesale-price data and higher government bond yields. The Dow Jones Industrial Average was down about 0.6%, while the S&P 500 and Nasdaq Composite slipped around 0.5% each.
U.S. stock futures fell Wednesday and energy markets surged after U.S. airstrikes and Iranian counterattacks intensified Middle East tensions. Brent crude rose to $95.17 a barrel, while QQQ slipped 0.49% in premarket trading.
Cybersecurity shares jumped sharply after strong AI-demand optimism, while Nvidia rose 9% on a forecast for roughly 70% revenue growth next fiscal year. Technology was the only S&P 500 sector in the green midday.
U.S. stock futures were mixed Thursday, with the Dow slipping and the S&P 500 and Nasdaq 100 rising after Wednesday’s lower close. Nvidia gained 7.32% in premarket after better-than-expected second-quarter results and a strong third-quarter revenue forecast.
U.S. stocks drifted lower midday Wednesday after July PCE inflation met monthly forecasts but ran hotter than expected annually, while second-quarter GDP growth was confirmed at an annualized 1.5%.
U.S. futures were mixed Wednesday, with Dow Jones futures higher and S&P 500 and Nasdaq 100 futures slightly lower, as investors awaited Nvidia's second-quarter earnings and key inflation and GDP data.
U.S. equities drifted either side of the flatline by midday Tuesday, with the S&P 500 hovering just below the record high it tested at Monday’s close, as diplomatic signals out of the Persian Gulf took the heat out of crude’s rebound and pulled Treasury yields back from multi-decade highs. President Donald Trump harden
U.S. stocks rose at midday Friday in a broad-based rally, with the Dow up around 0.5% and the S&P 500 gaining 0.4%, as a roughly 4% slide in oil prices cooled the inflation and rate-hike anxieties that had gripped markets all week. The Wall Street Journal reported that Bahrain and Kuwait warplanes had struck sites insi
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the “Fear” zone on Wednesday. U.S. stocks settled mostly lower on Wednesday, with the Dow Jones index falling more than 1% during the session as surging energy prices rekindled inflation fears and pushed Tre