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The stock market's biggest catalyst may bring about its own demise.
President Trump said on Thursday that Iran has called him seeking a deal, though Iran hasn’t confirmed this. The S&P 500 index rebounded by 0.8%, and the Nasdaq Composite index gained 1.3%. The beverage and snack giant reported a rise in sales volume for its North America unit, but a decline in revenue.
FINANCE U.S. stocks rose as fears about a return to full-blown war in Iran subsided, bringing down oil prices and quelling inflation expectations. The Dow Jones Industrial Average rose 139.02, or 0.27%, to 52487.
Stocks rose, and oil prices eased as financial markets calmed a day after President Donald Trump raised doubts about the temporary truce in the war with Iran. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite rose 1.3%. The Nasdaq composite rose 336.24 points, or 1.3%, to 26,206.89.
By Pete Schroeder WASHINGTON, July 9 (Reuters) - Wall Street surged on Thursday while oil prices retreated, as investors focused on optimism around strength in technology shares and the overall
Initial Claims came in at +215K, right where they were a week ago, and Continuing Claims also came in precisely where last week's original print did: +1.814 million.
July 9 (Reuters) - The S&P 500 and the Nasdaq edged higher at the open on Thursday, as gains in chip stocks helped offset renewed geopolitical jitters after fresh exchange of attacks threatened to
U. S. stock index futures traded modestly higher on Thursday despite another round of military strikes between the United States and Iran, while investors prepared for quarterly results from PepsiCo (NASDAQ:PEP) and continued to monitor developments in global energy markets.
By Pete Schroeder WASHINGTON, July 8 (Reuters) - Stocks were mostly lower and oil prices rose on Wednesday after U.S.
U.S. stocks were mostly lower after President Trump said the ceasefire with Iran was over, suggesting the latest exchange of attacks near the Strait of Hormuz could continue. The tech-heavy Nasdaq Composite rose 51.96, or 0.2%,to 25870.65, as beaten-down semiconductor stocks recouped some losses. The most significant tensions since the June peace deal began with Iranian attacks on ships in the Strait of Hormuz earlier this week, which set back efforts to reopen the strategic waterway.
Markets tumbled after President Trump said the ceasefire with Iran may be over. Speaking in Turkey at the NATO summit, the president said the U.S. was likely to continue strikes. The Nasdaq Composite, however, managed a 0.2% gain.
BNP Paribas analyst James Picariello doesn’t see a Tesla-SpaceX merger happening any time soon. He ticks off several reasons why.
Stocks were little-changed after the Fed released minutes from its latest meeting. The Federal Open Market Committee held rates steady in June, and the meeting was the first under the leadership of Chairman Kevin Warsh. The Dow was down 600 points, or 1.6%, the S&P 500 was down 0.4%, and the Nasdaq was down 0.1%.
July 8 (Reuters) - Wall Street's main indexes opened lower on Wednesday after President Donald Trump said an interim deal aimed at ending the war with Iran was "over," sending oil prices higher and
Tesla produced a new version of its Model Y crossover. Tesla stock was down 1.1% in premarket trading at $396.61, while and futures were down 0.6% and 0.9%, respectively. The stock is down despite Tesla starting production of the three-row, six-seat version of its Model Y, called the Model Y L, with L for long wheelbase.
Stock Market Today: The Dow Jones index dropped Wednesday after Trump declared the ceasefire is "over." Micron and Sandisk dived.
U.S. futures and European equities extended losses in late morning European trading, as market fear further conflict in the Middle East.
The inflation devil is in the details.
The major gauges wavered after strikes in Iran resumed to end a brief period of stability.
U.S. stocks fell as investors fled increasingly volatile artificial-intelligence investments in the wake of Samsung Electronics’ earnings report and renewed disruptions in the Strait of Hormuz.
Sharp declines for high-flying memory and chipmakers including Intel, Marvell Technology and Applied Materials led a 1.2% decline in the Nasdaq Composite index and a 0.5% drop in the S&P 500. An update on second-quarter results from the South Korean giant had the company projecting record operating profits. Investors feared this reaction was a sign of how future reports for other chipmakers and AI-related tech companies might be received.
Investing.com - U.S. stock futures hovered around the flatline on Tuesday as investors weighed the durability of the artificial intelligence rally alongside renewed tensions in the Middle East.
US stock index futures traded cautiously on Tuesday after the Dow Jones Industrial Average reached a record high in the previous session, while investors weighed another strong earnings update from Samsung Electronics (USOTC:SSNHZ) alongside fresh comments from Federal Reserve Governor Christopher Waller. Futures pause after Wall Street recordsBy 03:02 ET (07:02 GMT), futures linked to the Dow Jones Industrial Average were little changed.
July 7 (Reuters) - Futures tied to the tech-heavy Nasdaq dropped on Tuesday on declines in chip stocks over concerns about the sustainability of the AI-driven rally despite strong results from Samsung
The president's latest comments on the Federal Open Market Committee (FOMC) threaten to undermine policymakers' credibility.
AI-driven momentum is keeping bulls in high spirits after the Dow’s record close, though investors are a bit cautious ahead of the Fed minutes and fresh corporate catalysts.
Semiconductor and AI-linked stocks led the advance, while earnings, Treasury yields, and inflation data will test whether the rally can move beyond a narrow group of technology leaders.
