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U.S. stocks jumped in early trading, then zigzagged throughout the day. The broad S&P 500 closed down 13 points, or 0.2%, after trading as low as 0.9% lower midday.
The rate-sensitive two-year Treasury yields were unchanged following the speech, Colas pointed out — at 4.46% while federal funds futures were at at 4.50-4.75% — indicating policy rates over ...
A soft inflation print causes a rotation into beaten-down value stocks This morning, the June Consumer Price Index data was released, and it was very good news, with inflation coming in softer ...
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
The "Mag-7" stocks are mega-cap technology companies that have significant weighting in major stock indexes and have led much of the rally in stocks the past few years.
Tesla's stock closed just below flat after rising and falling as much as 3% earlier in the session following CEO Elon Musk's Twitter poll asking whether he should step down as head of the social ...
Nvidia stock sinks over 8%, market cap dips below $3T as earnings are no match for sky-high expectations. Nvidia stock sank 8.5% Thursday as investor enthusiasm over Blackwell AI sales was dampened by Nvidia's lower-than-expected guidance for first quarter gross margins.
Stock market news live updates: Stocks crater, Dow hits 2022 low, and oil plunges as Fed and growth fears roil markets ... Central banks around the world have followed suit in recent days ...