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Arm Holdings tumbled on demand concerns, and markets await progress on reopening the Strait of Hormuz, today, May 7, 2026.
US equity indexes traded mixed midday Thursday as investors weighed a surge in planned April layoffs
The Dow just can’t keep above 50,000. The blue-chip index was down 200 points, or 0.4%, to 49,718 after trading as high as 50,130. The S&P 500 was down 0.3%. The Nasdaq was down 0.2%. A slide in chip stocks after Arm's earnings accelerated.
The stock market opened a touch higher on Thursday even though chip stocks finally lost some steam after Arm’s earnings. The Dow was flat. Just like yesterday, it lost steam after crossing 50,000. It hasn't closed above that level since Feb.
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
U.S. stocks ended sharply higher on Wednesday, with the S&P 500 closing above the 7,300 mark for the first time, on hopes that the United States and Iran could reach a peace deal soon and robust earnings reports from a fresh batch of companies.
Tesla stock is rising again on Thursday, now back above $400 a share. Shares of the electric vehicle maker were up by 1.8% at $405.70 in premarket trading. Tesla sold 79,478 vehicles from its Shanghai plant, including exports, in April, up 36% year over year, according to Chinese industry data providers.
Albemarle reports earnings per share of $2.95 from sales of $1.4 billion. Wall Street was looking for earnings per share of $1.19 from sales of $1.3 billion.
US equity futures were marginally higher pre-bell Thursday as hopes for a finalized peace deal betwe
US stocks are tipped to open modestly positively on Thursday as markets await a response from Tehran to Washington's proposed peace plan. Dow Jones futures were up 0.1% while S&P 500 and Nasdaq 100 futures hovered just above flat, paring earlier pre-market gains. The muted tone follows...
The materials and parts provider reported first-quarter earnings per share of $1.22 form sales of $2.3 billion. Wall Street was looking for earnings per share of $1.11 from sales of $2.2 billion.
Truck broker RXO has offered investors some calm in a sea of Amazon -disruption fears. A year ago, RXO reported Ebitda of $22 million from sales of $1.4 billion. For the second quarter, RXO expects Ebitda of between $27 million and $37 million.
Wall Street futures edged up from all-time highs pre-bell Thursday as traders awaited clarity on Teh
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.
Oil prices fell further, extending a sharp decline from a day earlier on investor optimism about diplomacy between the U.S. and Iran. Brent crude, the global benchmark, was more than 2% lower at around $99 a barrel.
U. S. equity futures moved modestly higher on Thursday as markets continued to react positively to signs that negotiations aimed at ending the conflict between the United States and Iran may be gaining momentum.
The lead of one of the most profitable hedge funds on Wall Street leveled with investors about rising prices.
Stocks were on track to rise again Thursday, as the twin catalysts of artificial intelligence earnings and a potential peace deal between the U.S. and Iran continued to lift the market. S&P 500 futures added 0.1% and contracts tied to the tech-heavy Nasdaq 100 were 0.2% higher. The S&P and the Nasdaq both closed at record highs the previous session, while the Dow exited correction territory.
Oil prices stabilized in Asian trading, a day after investor optimism about diplomacy between the U.S. and Iran sparked steep declines. Brent crude, the global benchmark, was 0.5% higher at around $102.
The Dow Jones Industrial Average finally joined the Nasdaq Composite and S&P 500 in exiting correction territory, but it ended the day just short of a major milestone. The Dow rose 612 points, or 1.2% after briefly crossing the symbolic 50,000 level. The S&P 500 ended up 1.5% while the Nasdaq jumped 2%.
Major gauges held steady as markets adjusted to the potential of peace in Iran.
Sigma Lithium Corporation (SGML) concluded the recent trading session at $22.85, signifying a +1.42% move from its prior day's close.
In the closing of the recent trading day, Samsara Inc. (IOT) stood at $28.92, denoting a -5.02% move from the preceding trading day.