Lumentum (LITE) leads S&P 500 as optical peers rebound
Lumentum shares were up 6.7% to $895.20 in midday trading Wednesday as optical networking stocks rebounded after an earlier AI-driven selloff; the piece notes Corning could not keep up.
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Lumentum shares were up 6.7% to $895.20 in midday trading Wednesday as optical networking stocks rebounded after an earlier AI-driven selloff; the piece notes Corning could not keep up.
US session market picture. US index futures: S and P futures is up 0.36 percent, Nasdaq futures is up 0.83 percent, Dow futures is down 0.05 percent and Russell futures is up 0.44 percent. In currencies, the dollar index is up 0.08 percent, euro dollar is down 0.03 percent, dollar yen is up 0.02 percent and GBP/USD is
A sharp reversal in crude oil handed U.S. equities a reprieve on Wednesday, with stocks grinding higher off six-week lows just hours before the Federal Reserve is expected to raise interest rates for the first time since 2023. The S&P 500 added 0.4% to 7,615.70, while the Dow Jones Industrial Average was effectively fl
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.1% on Wednesday. The Dow traded down 0.07% to 52,058.51 while the NASDAQ climbed 0.72% to 26,168.28. The S&P 500 also rose, gaining, 0.33% to 7,610.98. Leading and Lagging Sectors Information technology shares jumped by 0.9% on W
US session market picture. US index futures: S and P futures is up 0.4 percent, Nasdaq futures is up 0.84 percent, Dow futures is down 0.01 percent and Russell futures is up 0.44 percent. In currencies, the dollar index is up 0.08 percent, euro dollar is down 0.01 percent, dollar yen is up 0.06 percent and GBP/USD is d
Circle Internet Group, Inc. (NYSE: CRCL ) stock fell Wednesday alongside crypto-linked equities, while Bitcoin hovered near $75,000. The decline followed the U.S. Senate’s vote Tuesday against advancing the CLARITY Act, delaying a comprehensive regulatory framework for the digital asset industry, according to Pro. • Ci
US session market picture. US index futures: S and P futures is up 0.45 percent, Nasdaq futures is up 0.94 percent, Dow futures is up 0.06 percent and Russell futures is up 0.5 percent. In currencies, the dollar index is up 0.08 percent, euro dollar is down 0.01 percent, dollar yen is up 0.04 percent and GBP/USD is dow
Datavault AI Inc. (NASDAQ: DVLT ) shares rose on Wednesday, rebounding from Tuesday’s 16.63% decline. Investors weighed a $100 million purchase order against ongoing litigation concerns. The move came with broader market strength, as the Technology sector gained 0.93%, the Nasdaq rose 0.74%, and the S&P 500 added 0.21%
US session market picture. US index futures: S and P futures is up 0.39 percent, Nasdaq futures is up 0.85 percent, Dow futures is down 0.02 percent and Russell futures is up 0.39 percent. In currencies, the dollar index is up 0.05 percent, euro dollar is down 0.01 percent, dollar yen is unchanged at 0 percent and GBP/
S&P 500 UP
Xplora Technologies AS has completed its share buyback program and now holds 539,401 own shares. The program was announced on 8 Sep 2025 for up to NOK 25.0M and 500,000 shares, for Employee Share Purchase and MIP obligations.
Prediction markets show a high likelihood that Federal Reserve Chairman Kevin Warsh will announce a rate hike Wednesday. This would mark the first rate increase since July 2023. Here’s what viewers think could happen to stocks after the announcement. Federal Rate Decision on Deck On Wednesday, the September FOMC meetin
Equitas Small Finance Bank’s board approved raising up to Rs 500 crore via rated, listed, unsecured subordinated debentures through a private placement of non-convertible debentures (NCDs) to strengthen its capital base.
US session market picture. US index futures: S and P futures is up 0.31 percent, Nasdaq futures is up 0.72 percent, Dow futures is down 0.14 percent and Russell futures is up 0.34 percent. In currencies, the dollar index is up 0.05 percent, euro dollar is down 0.01 percent, dollar yen is up 0.06 percent and GBP/USD is
Axon Enterprise, Inc. (NASDAQ: AXON ) on Wednesday priced an offering of $1 billion aggregate principal amount of 0% convertible senior notes due 2031. Underwriters also have an 11-day option, beginning on the first issuance date, to buy up to an additional $150.0 million of notes solely to cover over-allotments. The c
US session market picture. US index futures: S and P futures is up 0.2 percent, Nasdaq futures is up 0.71 percent, Dow futures is down 0.36 percent and Russell futures is up 0.23 percent. In currencies, the dollar index is up 0.09 percent, euro dollar is down 0.01 percent, dollar yen is up 0.05 percent and GBP/USD is d
Forgent Power Solutions, Inc. (NYSE: FPS ) shares are trading higher Wednesday on continued momentum after the company reported record fourth quarter and full year 2026 results this week. Forgent Power Solutions shares are powering higher. What’s fueling FPS momentum? Forgent Power Solutions Q4 Highlights Forgent on Tu
US session market picture. US index futures: S and P futures is up 0.31 percent, Nasdaq futures is up 0.65 percent, Dow futures is down 0.08 percent and Russell futures is up 0.5 percent. In currencies, the dollar index is up 0.09 percent, euro dollar is down 0.03 percent, dollar yen is up 0.13 percent and GBP/USD is d
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining more than 100 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.02% to 52,103.62 while the NASDAQ climbed 0.45% to 26,099.29. The S&P 500 also rose, gaining, 0.25% to 7,604.83. Leading and Lagging Sectors Uti
The August Consumer Price Index report shows a 0.4% monthly increase, prompting Ryan Detrick, chief market strategist at the Carson Group, to warn that the U.S. economy faces “stickier inflation.” He argues that broad cost increases across services demonstrate that recent price spikes are not “a one-time event.” The ‘S
A Federal Reserve rate hike is largely priced in for Wednesday, but JPMorgan says the S&P 500 could still swing anywhere from 1% higher to 2% lower depending on how Chair Kevin Warsh frames the move. A surprise decision to hold rates steady could prove painful. JPMorgan Chase & Co. (NYSE: JPM ) estimates the index coul
US session market picture. US index futures: S and P futures is up 0.3 percent, Nasdaq futures is up 0.5 percent, Dow futures is up 0.11 percent and Russell futures is up 0.17 percent. In currencies, the dollar index is up 0.1 percent, euro dollar is down 0.03 percent, dollar yen is up 0.14 percent and GBP/USD is down
Critical Metals Corp. (NASDAQ: CRML ) shares are trading higher Wednesday after the company announced breakthrough results from its Tanbreez heavy rare earth project, including greater than 99% dissolution of eudialyte concentrate into 19 ultra-high-purity rare earth products. Critical Metals stock is surging to new he
LuxExperience (NYSE: LUXE ) held its fourth-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. View the webcast at Summary LuxExperience reported a strong financial performance