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.
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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
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Baseball legend Tommy Lasorda, the former Los Angeles Dodgers manager who won two World Series, didn’t have much time for the idea of “pressure” in professional sports. Stock markets are different matter, however. The looming second-quarter earnings season—set against the pullback in big tech stocks, the resurgence of global geopolitical risks, and the specter of renewed inflation—has investors on edge.
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.
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%.
LONDON, July 8 (Reuters) - Global investors had a stark reminder of how quickly the oil market can reignite concern about inflation and volatility, after U.S.
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A day after SpaceX stock dipped below its market debut price — and as rival Blue Origin shores up its capital position — the company finds itself at a crossroads.
LONDON/NEW YORK, July 8 (Reuters) - Oil surged and stocks and bonds dropped on Wednesday, after U.S.
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
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.
July 8 (Reuters) - U.S. stock index futures slid sharply on Wednesday, with Nasdaq futures touching a four-week low after President Donald Trump said a memorandum of understanding aimed at ending the
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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.
SpaceX shares fell 6.8% to close at $149.47, below the $150 price where shares began trading June 12, the day of the rocket maker's initial public offering. Though the stock has dipped below that threshold in intraday trading four times, Tuesday was the first time it closed below $150.
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SpaceX officially joins the Nasdaq-100 today, and investors holding some funds tied to the index will end up exposed, whether they like it or not. Mutual and exchange-traded funds with $800 billion in assets under management are expected to buy SpaceX shares in order to mirror the index’s performance. SpaceX will be a small component in the Nasdaq-100, for now.
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
New York Stock Exchange President Lynn Martin told Yahoo Finance that she feels optimistic about the stock market and the economy as momentum builds for companies going public following a long IPO drought.
The president's latest comments on the Federal Open Market Committee (FOMC) threaten to undermine policymakers' credibility.
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.