A broad stock market rally took hold on Friday following a jobs report that was well below expectations. For a market paying more attention to moves in bond yields, it’s a case of “bad news is good news.” The Nasdaq was up 0.9%.
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Can the Nasdaq's tech-led rally continue in 2H 2026? Here are the key catalysts, risks and ETFs to watch.
Tech Powers S&P 500 to New High While Dow Stumbles After Jobs Data
The S&P 500 and Dow Jones hit highs while the Nasdaq raced above key levels as oil prices and yields fell. Palantir, Cloudflare and SpaceX were big movers amid earings.
(Updates with index/price moves, macroeconomic data and company/geopolitical news from the first par
By Amanda Cooper LONDON, Aug 7 (Reuters) - Global stocks headed for their strongest weekly gain since May after a weaker-than-expected U.S. jobs report eased fears of an imminent Federal Reserve rate
This group of stocks tends to hold up well in downturns and keep up with the market during upswings.
Three of its top holdings, flash memory/data storage companies Seagate, Western Digital, and Sandisk, were among the biggest losers in the S&P 500 Friday. The stocks continued to slide following Western Digital's earnings late Wednesday, which were merely good as opposed to mind-blowingly fantastic. The memory ETF was being dragged down even more by Micron Technology and South Korean rival SK Hynix.
The tech sector is chock-full of companies with high-quality earnings growth.
SpaceX's gravitational pull is undeniable. That's why it's unsurprising that a few offhand remarks in SpaceX's earnings call on Tuesday still managed to jolt stocks in the further reaches of the company's orbit.
Market leadership may be shifting from momentum to quality. These sector ETFs offer exposure to resilient earnings and attractive valuations.
Stock market leaders are becoming plentiful as the S&P 500 probes all-time highs. Recent IPO Bending Spoons clears an IPO base.
Stocks were back on the rise on Friday after a weak July jobs report sent bond yields lower. The Dow Jones Industrial Average was up 81 points, or 0.2%. The S&P 500 was up 0.4%. The Nasdaq Composite rose 0.
The U.S. economy shed 23,000 jobs in July, far below forecasts of an 83,000 gain, shifting trader expectations away from a September rate hike
Aug 7 (Reuters) - The S&P 500 and the Nasdaq opened higher on Friday after data showed the U.S. economy unexpectedly shed jobs last month, raising doubts about a September interest-rate hike by the
Stock Market Today: The Dow Jones index rises Friday ahead of a pivotal July jobs report. AI name Cloudflare stock soars on earnings.
8am: Positive start expected as market eyes payrolls data US markets are pointed higher ahead of July's non-farm payrolls data, due out before the open, with the Nasdaq set to lead the way. Nasdaq futures point to a 0.5% gain, S&P futures are up 0.2%, and Dow futures are firmer by less...
US equity futures were edging higher pre-bell Friday as traders stood by for July's national jobs re
Futures pointed higher Friday morning as traders awaited payrolls data, with the Nasdaq on pace for its best week since May
Wall Street futures pointed moderately higher pre-bell Friday as traders awaited the national jobs r
U.S. stocks haven't had a week this strong for months. The S&P 500 and Dow are up 2.9% and 2.7%, respectively, through Thursday—putting both on track for their largest weekly gains since the week ending April 17.
Amazon's cloud services business grew revenue by 37% in the quarter and increased operating income by a whopping 63%.
Wall Street awaited the July jobs report for a fresh picture of the labor market.
Wall Street awaited the July jobs report for a fresh picture of the labor market.