Energy stocks gained Friday afternoon, with the NYSE Energy Sector Index rising 1.1% and the State S
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The Dow was down 0.3%, or 155 points. Moonshot AI launched Kimi K3, an open-source model that, which the company said outperforms some of the top U.S. models from Anthropic and OpenAI. "Kimi-k3 is this quarter’s DeepSeek moment," Futurum CEO Daniel Newman said.
The FTSE 100 Index closed up 28.13 points at 10,600.37.
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit
SpaceX investors can’t catch a break. Shares of Elon Musk’s rocket and AI company were down in premarket trading on Friday after the company scrubbed the thirteenth test of Starship. Musk said some of the engines didn’t start, triggering an automatic abort.
Housing Starts Jump, Building Permits Decline in June
Tesla stock has been stuck for the past few months, supported by hopes for a SpaceX merger while the company’s progress on AI efforts remain opaque.
The Dow opened down 1%, or more than 500 points, but within the first hour of the trading day the blue-chip index clawed its way back to the flatline. Travelers Companies was the Dow's best performing component, up 8.
Investors continue booking profits on the AI trade, especially overseas, on concerns over high capex spending.
B. Riley analyst Mike Crawford upgraded AST SpaceMobile stock to Buy from Hold. His price target remained at $85 per share.
Personalis stock popped Friday on a rumor Merck and at least two other suitors are trying to buy the small genomics company.
The Nasdaq sunk 1.5%, while the S&P fell 1.2%. The Dow dropped 1%, or 547 points. "We end the week with risk-on morphing into risk-off as the selloff in global chipmakers intensifies and investor sentiment is hit by yet another day of attacks and counterattacks in the Middle East," Dave Rosenberg at Rosenberg Research said.
The biggest problems aren’t caused by what you don’t know, but what, as Mark Twain put it, “you know for sure that just ain’t so.” It’s there in the major indexes, where S&P 500 futures were down 0.9% in early Friday trading, while Nasdaq Composite futures were off 1.9%, and nearing correction territory. Chip stocks were supposed toe be unstoppable, driven by shortages and insatiable demand for artificial intelligence.
Investing.com - U.S. stock index futures fell sharply on Friday, pointing to a second straight day of losses on Wall Street as investors continued to reassess lofty technology valuations following a string of disappointing corporate updates tied to artificial intelligence spending.
Stock Market Today: The Dow Jones index dropped Friday as Netflix stock plunged on earnings. SpaceX shares sold off on a canceled test flight.
News of the Day for July 17, 2026
8am: Wall Street futures lower as tech rout spreads Wall Street looked set for a sharply weaker open on Friday as a global sell-off in semiconductor stocks gathered pace, with disappointing corporate earnings adding to the risk-off mood. Futures pointed to the Nasdaq opening around 1.5%...
Overseas stocks and US stock futures fell sharply Friday after technological advances announced by a Chinese artificial intelligence company intensified concerns that the AI spending spree driving this year’s market rally could be at risk.
Ahead of the bell Wall Street looks set to be headed for the red with US stock futures falling on Friday, leaving the major indices on course for weekly losses as the semiconductor sell-off rolled on. Dow Jones futures slipped 0.6%, and S&P 500 contracts dropped around...
SpaceX investors can’t catch a break. Shares of Elon Musk’s rocket and AI company were down in premarket trading on Friday after the company scrubbed the thirteenth test of Starship. Musk said some of the engines didn’t start, triggering an automatic abort.
Wall Street futures pointed lower pre-bell Friday as traders again weighed heavy chip-sector capital