The stock-market selloff in July looks more like a stress test than a breaking point.
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The electrical infrastructure supplier reported second-quarter earnings per share of $3.15, with sales of $8.5 billion. Wall Street was looking for EPS of $3.07 and sales of $8.2 billion.
Stock Market Today: The Dow Jones index rises Friday even as Apple dives on a weak sales forecast. Amazon stock surges on earnings.
Strong cloud results lifted Amazon and chipmakers, while Apple's service revenue shortfall sent its stock lower ahead of Friday's open
The Wall Street Journal reports Tesla is considering selling its China business to facilitate a future merger with SpaceX.
The tech rebound has legs. Stock futures were rising early Friday as the technology sector looked set to end a bad July on a positive note despite disappointing earnings from Apple. S&P 500 futures rose 0.
Federal Open Market Committee (FOMC) dissension just reached a new (and dubious) milestone.
U.S. stocks rallied, with the Nasdaq jumping 2.8%, as Microsoft’s robust earnings report restored momentum to the artificial-intelligence boom.
Wall Street Gains Momentum as Inflation Cools and Bond Yields Retreat

Scott Melker discusses the Federal Reserve's latest decision to hold interest rates steady, examining Fed Chairman Kevin Warsh's remarks and how US stocks (^DJI, ^IXIC, ^GSPC) and crypto like bitcoin (BTC-USD) have reacted. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
The Dow is up on the day despite 21 of its components trading lower. The nine components in the green were doing the heavy lifting, driving the blue chip index's 0.3%, or 151 point, rise. One of the Dow's heaviest-weighted components saw gains that helped offset the majority of underlying stocks falling.
July 30 (Reuters) - U.S. stocks opened higher on Thursday as Microsoft's forecast-beating results soothed investor concerns about massive AI spending by companies, while investors parsed fresh
Stocks kicked off Thursday’s trading session higher, reemerging from the carnage of Wednesday’s selloff. The S&P 500 was up 0.9%, while the Nasdaq Composite rose 1.6%. Rosenberg Research’s Dave Rosenberg described the moves as “a weak stock-market bound on shaky ground,” nodding to the major averages’ “precarious technical positions,” yesterday’s rise in bond yields, and oil price spikes.
Federal Reserve Chairman Kevin Warsh praised the bond market’s recent rate moves on Wednesday. He may not feel that way now.
The market got a fresh batch of economic data, with new personal consumption expenditures and gross domestic product data released ahead of the opening bell. Inflation data came in cooler than expected. Core PCE, which excludes food and energy costs and is closely watched by the Federal Reserve, rose 0.1% from the month prior, below consensus estimates of 0.2% and the 0.3% increase seen in May. Headline PCE was roughly in line with expectations.
Solstice, a cooling technology supplier, reported adjusted EPS of 88 cents. Wall Street was looking for 77 cents.
Wall Street is set to open higher on Thursday as strong Microsoft results helped technology stocks recover from their sharp post-Federal Reserve sell-off. Dow Jones futures were up 225 points, or 0.4%, while S&P 500 futures pointed to a 0.6% gain and the Nasdaq was called 1.3%...
Stocks looked set to open higher on Thursday as investors weighed up earnings reports from Microsoft and Meta Platforms, which came just hours after Federal Reserve Chairman Kevin Warsh’s press conference triggered a brutal market selloff.