TE Soft Index Hits 6-week High
TE Soft Index increased to 52.54 Index Points, the highest since September 2026. Over the past 4 weeks, TE Soft Index gained 9.35%, and in the last 12 months, it decreased 1.02%.
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BUZZ — Kingdee hits 5 — week high on annual recurring revenue growth
* Shares of Kingdee International Software Group climb 7% to HK$8.67, their highest point since September 7 and rising for a third straight session * Enterprise resource planning (ERP) and cloud services provider says annual recurring revenue (ARR) of its subscription services amounted to 4.604 billion yuan ($687.67 mi
Dow futures rise as SpaceX spectrum deal hits telecoms
Dow Jones futures rose 0.2% overnight, while S&P 500 futures added 0.25% and Nasdaq-100 futures gained 0.3%. SpaceX plans to buy wireless spectrum from Grain Management, pressuring Verizon, AT&T, T-Mobile US and AST SpaceMobile in after-hours trading.
SpaceX spectrum deal hits wireless shares after hours
SpaceX plans to buy significant wireless spectrum from Grain Management, subject to regulatory approval. Verizon, AT&T, T-Mobile US and AST SpaceMobile fell in after-hours trading on the news.
Dow Jones Futures Fall, Yields Jump After S&P 500 Hits High; Astera, GE Vernova, Arista Lead Buys -- IBD
By Ed Carson Dow Jones futures fell modestly early Wednesday, along with S&P 500 futures and Nasdaq futures as Treasury yields rose. The stock market rally continued to advance Tuesday with the S&P 500 hitting a new high, joining the Nasdaq composite, as yields declined. The major indexes did pare intraday gains, while
Dow Jones Futures: S&P 500 Hits High As Astera, GE Vernova, Arista Lead Buys, But These Stocks Tumble -- IBD
By Ed Carson Dow Jones futures edged higher after hours, along with S&P 500 futures and Nasdaq futures. The stock market rally continued to advance Tuesday with the S&P 500 hitting a new high, joining the Nasdaq composite. The major indexes did pare intraday gains, while small caps fell. Astera Labs, GE Vernova, Caterp
Nasdaq hits 23rd record high of 2024; S&P 500, Dow also rise
The Nasdaq Composite closed at its 23rd record high of the year, boosted by tech giants like Nvidia and Microsoft. The S&P 500 and Dow also finished higher, despite a rise in U.S. 10-year Treasury yields to their highest level since 2002.
Global Markets: Nasdaq hits record high, oil slips, yields fall
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.
Yuan hits fresh 3-1/2-year peak as PBOC eases appreciation curb
China's yuan strengthened to its highest level in over three and a half years against the US dollar on Monday, reaching 6.6957 per dollar, as the central bank appeared to ease its efforts to curb appreciation ahead of a summit between Chinese and US leaders.
U.S. stocks gain as AI dealmaking offsets software selloff
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.
Oil jumps near $90 as Iran risk hits stocks and yields
Crude rallied Monday after renewed U.S.-Iran strikes, with West Texas Intermediate up 2.5% to $85.49 and Brent up 2.7% to $90.47. The 10-year Treasury yield hit 4.76%, while U.S. equities fell.
Atlassian hits new all-time high as enterprise software rallies
Atlassian shares extended Thursday’s rally Friday, touching a new all-time high above $194 after Salesforce’s strong quarter lifted enterprise software names.
Nasdaq slides as long-end yields pressure chip stocks
The Nasdaq 100 fell 1.7% as 30-year Treasury yields held at 5.30% and rate-hike bets eased, while the optical and AI-hardware complex sold off sharply.
JS&P 500 Hits Record As Jobs Shock Sinks Rate-Hike Bets: Stock Market Today
The S&P 500 cleared 7,755 and Wall Street is on course for its best week since April. The rally comes on the heels of a contraction in July payrolls. The U.S. economy unexpectedly shed 23,000 jobs in July against forecasts of an 80,000 gain, while May and June payrolls were revised down by a combined 103,000. Average h
Buffett’s Coca-Cola Bet Keeps Winning — His Successor Just Got a $5 Billion Boost
Coca-Cola (NYSE: KO ) stock hit all-time highs Tuesday after the company reported second-quarter financial results. Somewhere, while drinking one of his daily Coke beverages, legendary investor and longtime Coca-Cola investor Warren Buffett was likely smiling. Buffett’s Big Coca-Cola Bet Buffett, former CEO of Berkshir
NZD/USD Hits One-Month High on Softer US Inflation Figures
() -- The New Zealand dollar rose to a one-month high of 0.5840 against the US dollar on Tuesday after softer-than-expected US June inflation data showed headline Consumer Price Index slowing to 3.5% in June from 4.2% May and monthly CPI falling 0.4% from 0.5%, weighing on the greenback. US companies hired an average o
Tech Selloff Hits Stocks
Global equities fall to a two-week low as tech sector weakness weighs on risk sentiment, with declines in Apple and concerns over OpenAI delaying its IPO