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U.S. equities slipped as August payrolls of 162,000, far above the 55,000 consensus, pushed traders toward a higher Fed-rate path. Chips outperformed while software, retail, gold and bitcoin weakened.
U.S. stocks rose broadly after Fed Governor Christopher Waller signaled he could support leaving rates on hold this month, while traders pared September hike odds to about 50% from 70% earlier in the week.
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.
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.
U.S. stocks rose at midday Friday in a broad-based rally, with the Dow up around 0.5% and the S&P 500 gaining 0.4%, as a roughly 4% slide in oil prices cooled the inflation and rate-hike anxieties that had gripped markets all week. The Wall Street Journal reported that Bahrain and Kuwait warplanes had struck sites insi
U.S. stocks traded in split fashion by midday Wednesday, with a resilient Dow and S&P 500 masking softer breadth as rising oil prices and fresh tariffs kept a lid on risk appetite ahead of the first “Magnificent Seven” earnings of the season. Oil prices climbed as the U.S. carried out its 11th consecutive night of stri
() -- Electrovaya (ELVA) said Wednesday it is partnering with Amazon (AMZN) to deploy its infinity battery technology in Amazon's material handling operations. Shares surged 51% as intraday trading volume catapulted to over 26 million from a daily average of about 413,000. Aehr Test Systems (AEHR) reported late Tuesday
() -- (Updates with index/price moves, macroeconomic/rates data, and company/geopolitical news from the first paragraph.) US equity indexes ground higher following a surprise decline in the wholesale price inflation rate and a signal from Iran that its allies could shut the maritime gateway to the Red Sea. The Nasdaq r
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
() -- The Toronto Stock Exchange is up near 65 points at midday on Friday. Info tech (+0.8%) and materials (+0.7%) are the top gainers, followed by financial, up 0.4%. Healthcare, down 0.7%, is the biggest decliner, followed by energy, down 0.4%. In economic news, June's employment figures posted an 18,000 job gain, be
() -- (Updates with latest market prices and developments.) US benchmark equity indexes were higher intraday as the technology sector advanced led by chip-related stocks, while oil prices retreated. The Nasdaq Composite was up 1.2% at 26,172.9 after midday Thursday, while the S&P 500 rose 0.8% to 7,541.2. The Dow Jones
U.S. stocks fell for a second straight session on Wednesday as surging energy prices rekindled inflation fears and pushed Treasury yields higher, with equities sliding after President Donald Trump declared the June ceasefire with Iran “over.” The move followed a fresh U.S. strike on Iran and reports that Tehran had tar
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
() -- (Updates with latest market prices and developments.) US benchmark equity indexes were higher intraday as the technology sector advanced, led by semiconductor stocks. The Nasdaq Composite was up 1.2% at 26,141.8 after midday Monday, while the S&P 500 rose 0.7% to 7,536.5. The Dow Jones Industrial Average edged up
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