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.
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US futures slip as investors await Fed Chair Warsh at Jackson Hole
US stock futures edged lower ahead of Federal Reserve Chair Kevin Warsh’s Jackson Hole speech. Markets also digested earnings: Gap rose nearly 15%, while Marvell and Autodesk fell on results.
US Stock Futures Edge Lower as Yields Stay Elevated
US stock futures slip on Monday as investors stay cautious after Treasury yields rose sharply last week, with the 30-year US yield above 5.3% and major US averages lower.