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The Dow Jones Industrial Average opened higher today, with the S&P 500 opening lower. The Nasdaq opened down after Asian tech stocks tumbled earlier. Alibaba, Samsung and Softbank all retreated in Monday trading.
NVIDIA is expected to generate +99% earnings growth and PCE looks to remain high at +3.6%.
The week is off to a bad start for tech stocks—specifically, ones tied to the AI trade. Here are some of the biggest laggards on the Nasdaq today and roughly how much they are sliding: Sandisk, 10% Seagate Technology, 8% Lumentum, 8% Micron, 8% Western Digital, 8% Nebius, 7% Teradyne, 6% Astera Labs, 5.
Stocks didn’t move much Monday morning after President Donald Trump threatened even more severe tariffs on Canada. The Dow was still up 162 points, or 0.3%. The S&P 500, which was weighed down by chip stocks, was still down 0.
Aug 24 (Reuters) - Wall Street's main indexes opened lower on Monday as investors weighed the U.S. pledge of an "economic D-Day" against Iran while awaiting AI giant Nvidia's quarterly results and a
Trade tensions, bond yields, Jackson Hole and a heavyweight earnings slate are all competing for attention
Investing.com -- S&P 500 and Nasdaq futures fell Monday as investors braced for a heavy week featuring potential new U.S. sanctions on Iran, Federal Reserve Chair Kevin Warsh’s Jackson Hole address, and quarterly results from Nvidia.
Aug 24 (Reuters) - S&P 500 and Nasdaq futures slipped on Monday as investors prepared for a pivotal week marked by the prospect of fresh U.S. sanctions on Iran, Federal Reserve Chair Kevin Warsh's
The tech-heavy Nasdaq 100 was dropping 0.5% in Monday's premarket. All three major indexes were down for the week ended Friday amid concerns about long-term Treasury yields, the national debt, tech-sector pressure, and geopolitical tensions in energy markets. With benchmark Treasury yields remaining elevated —10-year yields floating near multi-month highs around 4.7%—concerns remain remain amid persistent inflation and sustained higher borrowing costs.
Global tech stocks weakened following equity and bond issues from the sector in Asia and pressure on longer-dated Treasurys eased slightly as oil prices fell.
Federal Open Market Committee (FOMC) policymakers just acknowledged that Fed Chair Kevin Warsh's worst-case scenario for inflation is a genuine possibility.
The U.S. imposed a 50% tariff on about $20 billion worth of Canadian imports after talks between the countries broke down late Friday night. The levy officially went into effect at 12:01 a.m. Saturday.
Stronger profits are changing the math for stocks again
Nvidia earnings headline a busy week with an all-important inflation reading
Energy prices aren't the headline inflation story any longer.
A tricky stock market struggles against industry rotation and wavering investor confidence heading into the final full week of August.
Thanks to Scott Bessent, Fed Chair Warsh now finds himself stuck between a rock and a hard place.
STOCKS U.S. stocks rose Friday as a surging bitcoin and resilient crypto stocks helped lift sentiment. Treasury yields held near their highest levels in over a decade, however, and the S&P 500 posted its first weekly loss since late July.
The market rally suffered damage last week, though bitcoin and gold shined. Nvidia and CrowdStrike earnings are critical while Fed's Warsh will make a big speech.
US equity indexes rose markedly on Friday, even as bond yields continued to rise after Canada's trad
The Nasdaq, Dow Jones Industrial Average and S&P 500 opened higher, attempting to claw back losses from a rocky week sparked by bond-market drama. Here is what is driving the markets today: Treasury yields near highs: Long-term Treasury yields stabilized today, hovering near decade-highs.
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