Wall Street is paying record premiums for the tech sector’s stocks while its workforce keeps losing ground.
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Wall Street is paying record premiums for the tech sector’s stocks while its workforce keeps losing ground.
US stock market rose Friday as a strong April jobs report and peace deal progress lifted risk appetite into the close.
The April jobs report should show decent hiring. A solid labor market and high oil prices have quashed Fed rate-cut hopes.
Stock Market Today: The Dow Jones index rose Friday ahead of the April jobs report. Coinbase and Cloudflare dived on earnings.
8am: Futures point higher US stocks are set for a positive open on Friday, with futures pointing higher as Wall Street looks ahead to April's non-farm payrolls report, even as tensions in the Middle East flared overnight. Nasdaq futures are up 0.7%, S&P 500 futures have gained 0.5%,...
FEATURE There was car news on Friday, just not from Tesla Toyota Motor reported fiscal year 2026 earnings and provided an outlook for fiscal year 2027. It’s ho-hum. Tesla stock didn’t seem to be affected, but Toyota investors reacted with caution.
Dow Jones futures: President Donald Trump says a U.S.-Iran ceasefire is intact despite clashes. Rocket Lab, Cloudflare and IREN are big earnings movers.
May 8 (Reuters) - U.S. stock index futures rose on Friday as a recovery in chipmakers helped offset worries about renewed U.S.-Iran tensions, while investors looked ahead to a crucial employment
Stocks were on course to rise to close out the week, with Wall Street seemingly more focused on the looming April jobs report than an exchange of fire between the U.S. and Iran. S&P 500 futures added 0.3% and contracts tied to the tech-heavy Nasdaq 100 gained 0.5%. Friday’s nonfarm payrolls report could have a bigger bearing on the market than events in the Middle East.
RBC Capital Markets raised its year-end target for the S&P 500 to 7,900 from 7,750 on Friday, citing resilient earnings growth and continued strength in artificial intelligence‑linked sectors. The Canadian brokerage's new target implies a 7.7% upside from the benchmark index's Thursday close of 7,335.66. U.S. equities have rallied to hit record highs in recent weeks as enthusiasm around AI-related investment and expectations of solid profit growth continue to support investor appetite.
By Harry Robertson and Amanda Cooper LONDON, May 8 (Reuters) - Inflation-linked bonds — despite the promise in their name — have stumbled along with the rest of the bond market as the Iran war drives
Whirlpool reported a first-quarter per share loss of 56 cents from sales of $3.3 billion. Wall Street was looking for earnings per share of 38 cents from sales of $3.4 billion.
Iran deal doubts hit stocks Thursday, but Nvidia, Tesla were strong. CoreWeave, Rocket Lab, Cloudflare were earnings movers late. The jobs report is on deck.
First-quarter results are shaping up to be the best since 2021.
Brad Marshall: Thank you, and good morning. Looking at the leveraged loan index, spreads widened roughly 50 basis points and returns were down 55 basis points during the quarter. Despite private credit generally outperforming the broadly syndicated loan and public equity markets, capital flows into several non-traded BDCs declined, and public BDCs traded down meaningfully.
May 7 (Reuters) - The S&P 500 and the Nasdaq touched record highs on Thursday as oil prices plunged further on hopes of a U.S.-Iran peace agreement that could potentially normalize crude supplies
By Lawrence Delevingne and Sophie Kiderlin May 7 (Reuters) - Global stocks mostly held their gains on Thursday while oil prices sank again on optimism over a U.S.-Iran peace deal, even as the fate of
Higher lithium prices and rising demand for stationary energy storage systems to support the electric grid amid increased demand from AI data centers powered the best quarterly earnings per share since the second quarter of 2023. On Thursday, the price lithium carbonate rose 1.6% to nearly $28,000 per ton, according to Trading Economics, providing more fuel for lithium stocks. "As the global operating environment remains uncertain, we are focused on the things within our control, including operational excellence, cost and productivity discipline and cash generation to enable long-term volume and earnings growth," CEO Kent Masters said in the earnings statement.
US equity futures were marginally higher pre-bell Thursday as hopes for a finalized peace deal betwe
Whirlpool reported a first-quarter per share loss of 56 cents from sales of $3.3 billion. Wall Street was looking for earnings per share of 38 cents from sales of $3.4 billion.
The S&P 500 is not just beating earnings expectations. It's blowing them up.
The lead of one of the most profitable hedge funds on Wall Street leveled with investors about rising prices.
Investors seem to be overlooking serious threats to the U.S. economy related to the Iran war and tariffs.