US stocks rally as crude oil prices fall
Major US indexes rose sharply in Thursday trading as crude oil prices eased and treasury yields moved.
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Major US indexes rose sharply in Thursday trading as crude oil prices eased and treasury yields moved.
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
The CAC 40 closed down 0.8% at 8,118 as crude prices surged following Saudi Arabia’s pipeline suspension after drone attacks.
examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. U.S. stocks ended the week lower despite a Friday rebound, as surging oil prices, rising Treasury yields and growing expectations for a Federal Reserve rate hike pressured equities. The S&P 500 fell
U.S. stocks rose after four straight losses as crude oil retreated below $100 a barrel, while technology shares led gains. Dell jumped 11.3% and Hewlett Packard Enterprise rose 9.1% on the AI infrastructure read-through from Oracle’s capex outlook.
TSX futures tracked Canadian stocks lower on Thursday as oil prices and bond yields extended gains. Investors also moved on concerns about prolonged inflation after stronger-than-expected US PPI and ahead of Friday CPI.
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.
The FTSE MIB fell to around 51,800 Tuesday as rising oil prices weighed on markets. Higher crude stoked inflation concerns and expectations that rates may stay elevated, with the ECB expected to lift borrowing costs later this week.
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.
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
The U.S. stock market has closed out its most profitable quarter in six years, a milestone celebrated by President Donald Trump as indirect negotiations between the United States and Iran wrapped up in Qatar, easing global energy supply fears. A Tech-Driven Market Surge The S&P 500 surged nearly 15% over the past three
The U.S. Global Jets ETF (NYSE: JETS ), the most widely watched gauge of global aviation, climbed 13.5% in June. That’s the best performance of any U.S. industry ETF over the last month. The move carried the fund above its pre-Covid highs for the first time, closing at $33.28 last Friday — territory it last held in Dec
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
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