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Alphabet stock's sharp slide was dragging down the Nasdaq. The tech-heavy index was down 1%. The S&P 500 was down 0.3%. The Dow, which does not include Alphabet, was up 183 points, or 0.4%. Shares of the Google parent tumbled more than 6%.
The S&P 500 index gained about 0.3%, while the Nasdaq Composite edged up by 0.08%.
Salesforce stock is trying to find a bottom as it tries to end its longest losing streak on record. Salesforce stock has dropped for 13 straight days, a record, and is trying to avoid a 14th consecutive-day decline. The stock has dropped 43% this year amid broad fears that customers could use coding agents to make their own custom versions of Agentforce, Salesforce’s AI agent platform.
The Dow rose 270 points, or 0.6%. The Nasdaq was down 0.1%. The major indexes tumbled on Wednesday in the wake of Kevin Warsh’s first Federal Open Market Committee meeting as chairman of the Federal Reserve, but traders bought the dip on Thursday.
SpaceX stock was falling early Monday as Wall Street analysts showed skepticism about the valuation of Elon Musk’s space company after its huge initial public offering. If the move in SpaceX stock holds, it will mark a third consecutive session of losses, although the shares remain well above their IPO price of $135. KeyBanc analyst Michael Leshock and his colleagues initiated coverage of the stock with a Sector Weight rating and no price target, citing the need for more evidence on the progress of SpaceX’s larger reusable rocket, Starship, to justify a more positive outlook.
US futures were pointing higher at the start of the week as investors return from the Juneteenth holiday weekend, with technology stocks expected to lead gains despite lingering uncertainty over the Middle East and the prospect of further Federal Reserve tightening. Dow Jones futures were up...
This move may be tempting right now, but it could be costly.
Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was the federal Juneteenth holiday, and all major indices rebounded smartly from the Federal Reserve-induced sell-off on Wednesday. Details of the signed memorandum of ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Laud
Alan Greenspan’s time at the Fed was punctuated by numerous peaks and troughs for the US economy and several of the world’s most momentous events. He died Monday at age 100.
Warsh's Fed debut, SpaceX's AI deal and Iran headlines fueled a risk-on rally. These 5 leveraged ETFs soared as much as 94% last week.
Brent crude slipped below $80 a barrel Monday after mediators said the U.S. and Iran had agreed on a roadmap to a deal within 60 days
U. S. stock index futures recovered part of their earlier losses on Monday after signs of progress emerged from diplomatic discussions between Iran and the United States, easing concerns about renewed tensions in the Middle East.
Micron earnings and PCE data headline a busy week for investors.
SpaceX's $2 trillion-plus valuation is a short-lived mirage.
June 22 (Reuters) - U.S. stock index futures started the week on a subdued note, after Friday's public holiday, with investors monitoring developments in U.S.-Iran talks following a tense start.
Iran and the U.S. agreed to the creation of a mechanism to ensure the termination of military operations in Lebanon, The Wall Street Journal reported mediators as saying. This came after Tehran closed the Strait of Hormuz again over the weekend, accusing the U.S. and Israel of breaking cease-fire conditions. Qatar and Pakistan–the two mediators in the peace talks in Switzerland–said a line of communication between Iran and the U.S. had been formed to avoid incidents and enable safe passage for commercial vessels through the waterway, which is a crucial shipping route for oil.
Warsh made his intentions clear -- and it's not the best news for an expensive stock market.
Investing.com - U.S. stock futures recover some early losses on Monday, after Iran signals progress in peace talks with Washington, helping ease fears of a renewed escalation in the Middle East. Investors were also keeping a close eye on the artificial intelligence sector after President Donald Trump softened his stance on Anthropic following a week of turmoil over export restrictions.
He also said the U.S. may take over the strait, adding "I'll blow the s--t out of them. If they don't make a deal, we'll collect tolls."
US stocks traded mixed on Monday as investors assessed signs of progress in US-Iran peace talks, while shares of Elon Musk's SpaceX (SPCX) fell for the third day in a row.
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