Energy stocks were mixed Friday afternoon with the NYSE Energy Sector Index little changed and the S
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The major indexes bounced back Friday on falling oil prices. Here's what's driving the divergence between old-economy gains and tech-sector jitters.
(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe
Stocks popped and oil prices dropped amid the latest glimmer of hope that the U.S. and Iran can return to the negotiating table. The Dow rose 380 points, or 0.7%. Reuters reported, citing three sources it described as Pakistani, that the country is exploring a path to resume peace talks between the U.S. and Iran.
AI on/AI off is now driving the stock market. Rocky Fishman at Asym Research points out that of the 11 sectors that make up the five have a zero or negative correlation with the index over the past five months, including healthcare and real estate. If I told you the exchange-traded fund is up 1.2% this week—it is—you wouldn’t be any closer to knowing that the S&P 500 is falling 0.2%, which it is.
The S&P 500 is hugging the breakeven line, but most of the market is actually on the rise. The market benchmark is down 0.1% after turning higher a few times and losing steam. The Dow is also around breakeven.
Wall Street’s concerns about capex and free cash flow for big tech now outweigh optimism regarding cloud performance.
July 24 (Reuters) - Wall Street's main indexes opened subdued on Friday after a tech-led selloff in the previous session, as investors digested fresh earnings, escalating Middle East tensions and a
Wall Street closed sharply lower on Thursday, dragged down by communications and discretionary stocks.
Investing.com - U.S. stock futures edged higher on Friday, recovering after a broad selloff in the previous session as investors weighed persistent geopolitical tensions in the Middle East against another wave of upbeat corporate earnings and artificial intelligence-related announcements.
Stock futures are higher this morning as investors look to recover from yesterday’s punishing sell-off sparked by AI spending fears and soaring oil prices. Here’s what you need to know today.
US equity futures nudged higher pre-bell Friday as traders weighed a new set of tariffs imposed by t
Wall Street is set for a tentative recovery on Friday after the previous session's technology selloff wiped roughly $800 billion from the market value of the so-called Magnificent Seven tech giants, with the world also waking to a new US tariff regime. Dow Jones futures were up 199 points or...
S&P 500 futures added 0.2% Friday morning after the index posted its worst single-day drop since late June
Forget Starship test flight number 13. SpaceX stock will face an even greater challenge in the coming weeks: a Wall Street earnings report. Shares of Elon Musk’s rocket and AI company were lower early Friday after another Starship testing delay and a new lukewarm rating from Wall Street.
July 24 (Reuters) - U.S. stock index futures edged higher on Friday after a tech-led selloff in the previous session, as investors weighed fresh earnings, escalating Middle East tensions and a new
U. S. stock futures edged higher on Friday as investors balanced escalating geopolitical tensions in the Middle East against encouraging corporate earnings from the technology sector.
Investors are looking to extend their gains, but taking on more risk.
Stocks looked set to struggle for direction on Friday as a drop in oil prices eased fears about higher inflation, even as artificial-intelligence jitters lingered. Nasdaq 100 futures rose 0.1%. The Dow was on track to outperform the other two major indexes because it tends to be more reactive to oil prices, which were retreating having spiked above $100 a barrel the previous session.
These inflationary concerns can't be swept under the rug.