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Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What's Driving Markets Tuesday?
Stocks surged as weak economic data raised hopes for Fed rate cut. S&P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%. Spotify shares jump 17% on earnings. Read More
Nasdaq, S&P, Dow advance as investors await more earnings
On Monday, the major market averages recovered ground after last week, as all of the 11 S&P segments finished higher with Financials and Info Tech at the top of the leaderboard. The S&P 500 also ... Read More
Weak Manufacturing Data Is Lifting the Stock Market, Sending Yields Lower
The stock market’s rally continued on Tuesday as earnings season rolled on and an update on manufacturing came in cooler than expected. The Dow Jones Industrial Average was up 235 points, or 0.6%. The ... Read More
Nasdaq sheds more than 1%, S&P posts four-day losing streak, Dow slips slightly
Chip stocks led the technology sector lower after a weak earnings ... during difficult economic times and when interest rates are higher. So it only makes sense that the NASDAQ would see the ... Read More
Boeing Stock: The Best Horror Show on Wall Street
That’s the pitch to investors from Chris Olin, an analyst at Northcoast Research. With Boeing’s stock plummeting 35% year-to-date, Olin suggests there’s no happy ending in sight. Read More
Artificial Intelligence (AI) Is Lifting the Smartphone Market: 2 Beaten-Down Stocks to Buy Before They Go on a Bull Run
Shares of Skyworks Solutions (NASDAQ: SWKS) and Qorvo (NASDAQ: QRVO), two chipmakers that are known for supplying chips for Apple, have underperformed the semiconductor sector in 2024. Skyworks stock ... Read More
Dow tumbles nearly 500 points on weak bank earnings, inflation concerns
In midday trading, The Dow Jones Industrial Average tumbled 302 points, or 0.8%, to 38,156. The S&P 500 was down 0.9%, and the Nasdaq dropped 1%. Energy stocks bucked the trend to gain 1.%, tracking ... Read More
TSX Recovers After Falling To 2-week Low, Ends 0.4% Down
The benchmark S&P/TSX Composite Index ended with a loss of 89.02 points or 0.4% at 22,110.11. The index, which edged up to 22,221.84 in early trades, dropped to 21,985.68 around mid morning, losing ... Read More
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We said yesterday that the indices melting away from higher opening levels was one part geopolitical, one part technical (the S&P 500 and Nasdaq ... market for any continued move higher in yields, and ... Read More
The latest tech sell-off is a buying opportunity as earnings could power stocks 15% higher, Wedbush says
Last week's inflation-fueled sell-off is a buy-the-dip moment as earnings are set to spark a rally, Wedbush said. Read More
Upbeat Earnings, Retail Sales Data May Generate Buying Interest
The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to regain ground following the ... Read More
Nasdaq sheds more than 1%, S&P posts four-day losing streak, Dow slips slightly
U.S. stocks on Wednesday ended lower, with the benchmark S&P 500 (SP500) posting a four-day losing streak for the first time since the start of the year ... Read More
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