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
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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.
U.S. stock markets closed higher on Friday to end a volatile week and month.
Credo Technology leads Zacks' latest market-beating highlights as strong stock gains and portfolio performance stand out despite a mixed U.S. economy.
Wall Street is set for a mostly higher start to August, although Nasdaq futures are flat as investors continue to assess whether Friday's technology rebound has further to run. Dow Jones futures were up 547 points, or 1%, while the S&P 500 is expected to gain 0.5%. Last week and month...
Investing.com - U.S. stock index futures advanced on Monday after President Donald Trump said negotiations with Iran were set to begin this week, easing geopolitical concerns that had rattled markets in recent weeks, while technology stocks attempted to extend their recovery following July’s sharp pullback.
News of the day for Monday, August 3
Brent crude fell more than 5% after President Trump said Sunday he canceled a planned attack and that talks would resume Monday
Wall Street analysts are reshuffling their bets heading into August, and some of the calls on Monday target names that range from a crypto giant to a coffee behemoth to a semiconductor darling. Find out which stocks just got slapped with new downgrades and which ones earned fresh upgrades.
SpaceX stock was lower in premarket trading on Monday. July was a brutal month for the company's shares.
Tesla stock rose early Monday, going for three gains in a row after a brutal stretch following the company’s second-quarter earnings report. If Tesla can rise on Monday, it will be three consecutive gains. Weaker-than-expected second-quarter earnings reported on July 22 contributed to a six-day losing streak, sending Tesla stock down more than 20%.
Stocks rose to begin the week as oil prices eased and investors geared up for Palantir earnings.
Stocks rose to begin the week as oil prices eased and investors geared up for Palantir earnings.
U. S. stock index futures traded higher on Monday as investors reacted to renewed diplomatic efforts between the United States and Iran while preparing for another busy week of corporate earnings and economic data.
Stocks looked set to extend a recent rally on Monday after President Donald Trump said he would call off an attack on Iran and restart talks to end the war in the Middle East, which sparked a drop in oil prices. Nasdaq 100 futures added 0.5%. The three major indexes all racked up gains on Friday, but July was still a rough month for the Nasdaq.
A Fed divided against itself cannot stand.
South Korea’s Kospi index, which has been a bellwether for global stocks lately, soared 18% on Friday, marking its biggest single-day jump on record.
Bond traders aren't counting on Warsh and the Federal Open Market Committee (FOMC) to sit on their proverbial hands for much longer.
History can be a powerful teaching tool, with past events on Wall Street having the uncanny ability of foreshadowing the future.
Investors step into another busy week, with the July jobs report and SpaceX earnings in focus.