SMH up pm
SMH up pm
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SMH up pm
SMH up pm
U.S. stocks rebounded sharply as crude oil fell from its geopolitical spike and Treasury yields eased below 5%. The Nasdaq 100 led gains, while the Dow lagged and the VIX cooled.
SMH up pm
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 were mixed Monday as AI hardware shares sold off and cyber names gained after weekend remarks from Anthropic, OpenAI and xAI leaders calling for a slower pace of model development. The 10-year Treasury yield briefly touched 5% and WTI crude rose 2.4% to $102.43.
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. stocks fell Tuesday as crude oil extended higher, pushing the 10-year Treasury yield above 4.8% and reviving bets the Federal Reserve could raise rates next week. The Dow led declines, while Amgen was the biggest drag.
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.
Bitcoin briefly tops $80,000 while crude oil falls after President Donald Trump says the U.S. Navy removed “all mines” from the Strait of Hormuz.
Bitcoin rallies above $77,000, U.S. equities steady, and S&P Global’s flash composite PMI jumps to 56.0 in August from 54.5, while gold hits a three-month high.
U.S. stocks were mostly lower by midday Monday, while the New York Fed’s Empire State Manufacturing Index rose to 20.6 in August from 15.6, above the 11 consensus.
U.S. retail sales fell 0.6% in July versus expectations for a 0.1% gain, consumer sentiment dropped to 51, and Treasury yields climbed as small caps held up while tech lagged.
The S&P 500 tops 7,800 for the first time after a flat July producer-price print and softer core PPI, while semiconductors and SanDisk’s 15% surge drive gains.
The July consumer price index rose 0.1% month-over-month and 3.4% year-over-year
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.
Tech stocks fell for a third straight session Friday as the semiconductor complex extended one of its worst weeks of the year, with investors fleeing the AI hardware trade after a Chinese startup unveiled the world’s largest open-weight model. The selloff had already started in Asia overnight, where Moonshot AI showcas
A second straight cool inflation reading and a wave of upbeat bank earnings pushed the Dow and small caps higher by midday Wednesday, even as a selloff across memory-chip and hardware stocks dragged the Nasdaq 100 into the red. Headline producer prices dropped 0.3% in June versus expectations for no change, with the an
A deepening sell-off in chip and memory stocks dragged all four major U.S. equity indexes lower by midday Tuesday. Money rotated defensively, with health care, real estate and utilities the only sectors firmly higher, while industrials and technology lagged. The S&P 500 eased about 0.3% to 7,513, and the Dow Jones Indu
The S&P 500 rallied on Monday as easing geopolitical tensions and a rebound in semiconductor stocks boosted risk appetite, with Polymarket traders cautiously betting the momentum will continue into Tuesday’s opening bell. The S&P 500 gained 1.18% to close at 7,440.43. Polymarket’s June 30 contract now implies a 61% pro
The Nasdaq 100 falls 0.6% as a chip rout and AI-infrastructure unwind drag US equities into mixed territory
US market experiences rotation away from tech as weakness in mega-cap tech widens, with semiconductors declining 7% and NASDAQ opening down 3%.
The Nasdaq 100 sinks 2.4% as a global sell-off in semiconductor shares hammers the index, while the Dow Jones edges up 0.2%.
Alphabet Inc. tumbles 6% after Nobel laureate John Jumper announced he was leaving Google DeepMind for AI startup Anthropic, while SpaceX sinks 10% on a $20 billion bond sale