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The euro and Swiss franc fell to 16-month lows against the dollar, while the benchmark 10-year Treasury yield settled above 5% after touching its highest since June 2007. The Australian dollar weakened after the Reserve Bank of Australia raised rates as expected.
Dow, S&P 500 and Nasdaq 100 E-minis were down before the open, while crude rose about 2%-3% and Treasury yields climbed. Nvidia rose after announcing a $150 billion share repurchase authorization; PCE inflation and payrolls are due this week.
Thermo Fisher Scientific Inc. (NYSE: TMO ) shares are trading higher Thursday, touching a fresh all-time high, extending gains built on a strong second-quarter earnings report and raised full-year guidance from July. Thermo Fisher Scientific shares are testing new highs. Why are TMO shares at highs? Thermo Fisher Touch
The S&P 500 index advanced to within 1% of its record high on Monday while its constituents simultaneously registered more 52-week lows than highs, triggering a market signal observed only twice in the past century. Historical Market Breadth Signal On Monday, the S&P 500 rose 1.49% to close at 7,764.70. This places the
Leading cryptocurrencies jumped to multi-month highs on Monday amid rampant optimism and growing “fear of missing out.” Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:30 p.m. EDT) Bitcoin (CRYPTO: BTC) +5.42% $85,789.27 Ethereum (CRYPTO: ETH) +2.88% $2,752 XRP (CRYPTO: XRP) +6.55% $1.51 Solana (CRYPTO: SOL) +5.1
U.S. equities fell at midday Wednesday as Brent crude topped $100 a barrel and the 10-year Treasury yield climbed to a three-year high, reviving inflation and rate-hike concerns. Energy was the only S&P 500 sector in positive territory.
U.S. equities advanced Wednesday, with the S&P 500 up 0.5% and the Dow up 0.4%, as AI dealmaking helped offset declines in software and cybersecurity shares.
Atlassian shares extended Thursday’s rally Friday, touching a new all-time high above $194 after Salesforce’s strong quarter lifted enterprise software names.
U.S. equities powered to fresh record highs by midday Tuesday as blowout guidance from Palantir Technologies Inc. (NASDAQ: PLTR ) and a Caterpillar Inc. (NYSE: CAT ) earnings beat reignited the AI trade, while crude oil tumbled more than 5% on growing conviction that a deal to reopen the Strait of Hormuz is days away.
Dow rises to new highs
As America approaches its 250th birthday, the Dow Jones Industrial Average — the oldest U.S. stock market index — capped a holiday-shortened week at fresh record highs, surpassing 52,500 points on Thursday. The rally reflected a great rotation from AI capex names into the blue-chip industrials, benefiting from that sam
Bloom Energy Corp shares are trading higher on Monday as traders keep leaning into the company’s tariff-and-sourcing narrative, approaching key resistance levels