Category: EOD Summary
-

Wall Street Rebounds From AI Sell-Off as Oil Eases, Lifting All Major Indexes to Weekly Gains
U.S. stocks finished higher on Friday as a pullback in oil prices and a rebound in technology shares helped Wall Street recover from Thursday’s AI-driven slide. All four major indexes closed in positive territory, and the Dow Jones Industrial Average and S&P 500 both posted gains for the week. Investors are now looking toward next…
-

Nasdaq Drops as OpenAI Revenue Report Rattles Chip Stocks and Oil Jumps
Wall Street ended mixed on Thursday, with technology shares dragging the Nasdaq and S&P 500 lower while the Dow Jones Industrial Average managed a small gain. Two forces drove the action: a sharp sell-off in semiconductor stocks after a report that OpenAI’s revenue is running well below earlier signals, and a jump in crude oil…
-

Wall Street Pulls Back From Record Highs as Treasury Yields Climb
U.S. stocks slipped on Wednesday, giving back a little ground a day after the S&P 500 and Nasdaq Composite closed at all-time highs. The main pressure came from the bond market, where long-term Treasury yields jumped to their highest levels in more than two decades before easing. Higher yields make borrowing more expensive and can…
-

S&P 500 and Nasdaq Notch Record Highs as AI Rally and Easing Bond Yields Lift Wall Street
U.S. stocks finished higher on Tuesday, with the S&P 500 and Nasdaq Composite reaching record highs during the session as investors piled back into artificial intelligence names. A pullback in Treasury yields from Monday’s multi-decade highs gave stocks extra room to run, since lower yields make borrowing cheaper and make stocks look more attractive compared…
-

Nasdaq Hits Record Close as Cooling Oil and Rate Hike Fears Lift Wall Street
U.S. stocks finished higher on Monday, with the Nasdaq Composite setting a new record as technology shares led the way. Investors found comfort in a pullback in oil prices and in expectations that the Federal Reserve is less likely to raise interest rates this month, after Friday’s jobs report showed hiring slowed more than expected…
-

Nasdaq Hits Record Close as Soft Jobs Report Eases Fed Rate-Hike Fears
Wall Street finished higher on Friday after a weaker-than-expected September jobs report calmed worries that a hot economy could push inflation, and interest rates, even higher. The Nasdaq Composite led the way with a record close, while the S&P 500 finished within about 1% of its all-time high. Falling Treasury yields and lower oil prices…
-

Wall Street Rebounds From Early Losses as Chip Stocks Rally and Treasury Yields Ease
U.S. stocks kicked off October and the fourth quarter with a choppy session, recovering from morning weakness to close slightly higher. A pullback in bond yields from multi-decade highs and a bounce in AI-related chip stocks helped the major averages climb back above the flat line. The 10-year Treasury yield touched about 5.3% earlier in…
-

Wall Street Fades After Cooler Inflation Reading as Dow and S&P 500 Post September Losses
U.S. stocks finished mixed on Wednesday after an early rally on softer inflation data lost steam. The Dow Jones Industrial Average and S&P 500 closed lower and ended September with monthly losses, while the Nasdaq Composite held a modest gain. Investors weighed a cooler-than-expected inflation report against rising Treasury yields and higher oil prices, with…
-

Wall Street Slips as Consumer Confidence Hits 12-Year Low and Treasury Yields Stay High
U.S. stocks finished slightly lower on Tuesday after an early tech-led bounce faded. Rising Treasury yields, weak consumer confidence and ongoing uncertainty over U.S.-Iran talks to reopen the Strait of Hormuz kept buyers cautious. Losses were modest across the major indexes, but smaller companies fared worse, with the Russell 2000 falling about 0.35%. What Moved…
-

Treasury Yields Hit Highest Level Since 2007 as Iran Tensions Send Wall Street Lower
U.S. stocks closed lower on Monday to start a busy week, as renewed tensions between the United States and Iran pushed oil prices higher and long-term Treasury yields climbed to multi-decade highs. President Trump’s rejection of an Iranian proposal to reopen the Strait of Hormuz revived worries about energy-driven inflation, which in turn fueled bets…