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Dow Jones Futures: Trump's Iran comments sparked a big stock market rally Monday. Palantir soared on earnings, while SpaceX earnings are due.
For Cat’s second quarter, Wall Street projects earnings per share of $6.22, up from $4.72 a year ago.
U.S. stocks jumped and oil prices fell sharply as President Trump signaled a return to diplomacy with Iran.
The Dow Jones Industrial Average added 1.3% to set a record of its own, and the Nasdaq composite climbed 2.1%. Brent crude’s price fell 4.7% after President Donald Trump said he would hold off on ordering new strikes against Iran. The Nasdaq composite rose 540.04 points, or 2.1%, to 25,913.90.
Brent crude fell almost 5% on hopes of reopening the Strait of Hormuz, while U.S. stock indexes posted strong gains. Iran said Monday that there weren’t any talks under way with the U.S. nor were any meetings planned, after President Trump said the day before he had called off a major strike on the country to provide more time for negotiations. The Nasdaq jumped 2.1%, the S&P 500 rose 1.5%, and the Dow industrials gained 1.3%.
US equity indexes ended higher Monday as crude oil prices fell after President Donald Trump said the
The Dow Jones Industrial Average closed Monday at a fresh record, and the S&P 500 wasn't too far off its a record of its own. The Dow rose 1.3% or 693 points, setting a fresh record close. The Magnificent Seven were pulling their weight, shaking off recent underperformance.
US equity indexes rose amid strong gains in communications services and a slide in government bond y
Energy stocks declined late Monday afternoon, with the NYSE Energy Sector Index and the State Street
Wall Street jumps as oil tumbles 5% and Treasury yields retreat
Beware the ides of August, which on Wall Street describes the poor performance traders tend to expect for the month. The Nasdaq Composite wasn't as close to a fresh record, but climbed 2.2% during the session.
Energy stocks declined Monday afternoon, with the NYSE Energy Sector Index falling 1.2% and the Stat
Energy stocks were lower Monday afternoon, with the NYSE Energy Sector Index falling 1.2% and the St
Oil prices just fell off a cliff, and stocks are loving it. Here's what changed over the weekend, and what it means for the AI trade.
A broad rally has taken a hold of Wall Street, and the stock market is on track to set some record highs. New records were within reach for the Dow Jones Industrial Average and S&P 500. The Dow was up 0.9%, or 474 points, at 52,963.99.
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
AI optimism and blockbuster Big Tech earnings fueled last week's biggest winners. Here are the top-performing stocks and their leveraged ETFs.
SpaceX stock hit a new low before recovering in early trading on Monday, leaving investors wondering when the selling pressure will end. A strong market at the start of a new month might be helping, although little has boosted the shares these days. Coming into Monday trading, SpaceX stock was down about 20% from its $135 IPO price, down about 46% from a record closing high of $201.80, and down 52% from its all-time intraday high of $225.64.
The S&P 500 gained about 1% and the Nasdaq rose 1.2% as crude oil tumbled more than 6% on hopes for renewed diplomacy
U.S. West Texas Intermediate crude futures were headed for their biggest single-day decline in more than six weeks.
Stocks got a boost after President Donald Trump said he would call off an attack on Iran to restart negotiations. Iran's foreign ministry denied talks were happening. Oil prices fell on Trump's comments, with Brent futures around $83 per barrel and WTI futures below $80 per barrel.
BNP Paribas analyst Matthew Akers raised his Boeing rating to Buy from Sell, skipping Hold altogether.
Stock Market Today: The Dow Jones index rallied 600 points Monday after Trump called off new U.S. strikes on Iran. Oil prices plunged.
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