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Dow rises 1.1%, S&P 500 gains 0.3%, Nasdaq rises 0.1% Healthcare leads S&P 500 sector gainers; Energy is weakest group Dollar slides; bitcoin gains; gold up 1.7%; US crude up ~2.7% US 10-year Treasury yield falls to ~5.09% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You ca
Lam Research has closed lower for nine straight sessions, shedding 21.7% and setting a record for its public-company history. KLA is also down for nine sessions, while Applied Materials has fallen for eight.
Six major memory and storage makers have lost about $1.09 trillion in combined market value since Oct. 2. SK Hynix fell 11.1% on Thursday, while Micron dropped 4.4% and SanDisk 6.6% in U.S. trading.
US stocks opened mixed as technology shares extended a sell-off for a second session. The S&P 500 fell 0.4% at the open; hotter-than-expected wholesale inflation added to concerns over the Fed’s policy outlook.
SK Hynix shares fell 11.06% during Thursday’s Asian session, while the Kospi dropped 7.57% and the Korea Exchange halted trading for 20 minutes. Samsung Electronics lost 9.48%.
Bitcoin traded near $83,559, down 2.3% on the day, as markets reacted to rising Treasury yields and a hawkish shift in the Fed backdrop.
Bitcoin fell 3% to $83,098 and ethereum lost 5% to $2,564 as traders pointed to record-high Treasury yields and a stronger U.S. dollar. XRP and solana also declined in a broader crypto selloff.
Bitcoin dropped 2.9% to a session low of $82,884 as Treasury yields pushed higher and U.S. stocks weakened.
Bitcoin dropped 2.9% to a session low of $82,884 as major U.S. stock indexes and Treasury yields moved higher. The article also said Bitcoin remains more than 34% below its all-time high of $126,272.
Dow gains 0.3% and Nasdaq Composite rises 2.1% in volatile trading as U.S. 10-year Treasury yield finishes around 5.16%.
Stocks fell, Brent crude rose as much as 3% to $107.16 a barrel and 30-year Treasury yields climbed to 5.517%, near the highest since 2004. The dollar firmed, gold fell 3% and the yen strengthened after Japan's top currency diplomat warned against excessive falls.
The S&P 500 rose 1.2% in volatile trading as the 10-year Treasury yield climbed to around 5.16% and global bond market turmoil stoked inflation worries. Technology and communication services led gains, while financials and bond proxies lagged.
HIVE Digital Technologies (NASDAQ: HIVE ) held its first-quarter earnings conference call on Monday. Below is the complete transcript from the call. This content is powered APIs. For comprehensive financial data and transcripts, visit View the webcast at Summary HIVE Digital Technologies reported a 73% year-over-year r
ADTRAN Holdings, Inc. (NASDAQ: ADTN ) shares fell more than 16% during Wednesday’s session after the company’s preliminary second-quarter revenue and margins missed the low end of its previously issued guidance. The decline outpaced a modest 0.2% drop in S&P 500 futures. Revenue Falls Short ADTRAN expects preliminary s
Leveraged ETFs that must sell shares every time stocks fall may be the mechanical culprit behind the worst momentum selloff in 27 years, according to Forward Guidance podcast co-host Tyler Neville, a former buy-side derivatives trader. Momentum stocks have unwound at the fastest pace in the 27-year history of a Morgan