Category: EOD Summary

Stocks retreated from recent highs on Tuesday as investors turned cautious ahead of key inflation data due later this week and watched a fresh climb in oil prices tied to rising Middle East tensions. All three major indexes finished lower, with the tech-heavy Nasdaq bearing the brunt of the selling as traders trimmed exposure to…

U.S. stocks edged lower on Monday in a quiet, cautious session as traders looked ahead to a heavy week of inflation reports and Treasury auctions. Rising oil prices lifted energy shares but did little to change the broader mood, with the major indexes hovering just below the record highs reached late last week. The pullback…

Wall Street ended the week on a strong note Friday, with all three major indexes closing higher after a surprisingly weak July jobs report convinced investors that the Federal Reserve is unlikely to raise interest rates any time soon. The Labor Department said the economy lost 23,000 jobs in July, while the unemployment rate held…

Stocks pulled back on Thursday, with the Dow Jones Industrial Average leading the retreat as climbing Treasury yields, firmer oil prices, and a heavy run of corporate earnings gave investors reason to lock in some profits. The blue-chip index slipped from the record territory it reached earlier in the week, snapping a five-day winning streak,…

U.S. stocks split down the middle on Wednesday as a rotation out of high-flying technology names met strength in healthcare and consumer stocks. The Dow Jones Industrial Average pushed to another all-time closing high, but the tech-heavy Nasdaq Composite slipped as chipmakers came under renewed pressure. The story of the day was earnings season: strong…

U.S. stocks surged on Tuesday, with all three major indexes posting strong gains as a rebound in technology shares and easing geopolitical tensions sent Wall Street to fresh record territory. Blowout earnings from Palantir set the tone early, reigniting an artificial-intelligence trade that had wobbled through July, while a slide in oil prices tied to…

U.S. stocks surged to open the new month on Monday, with all three major indexes posting sharp gains as a slide in oil prices, easing Middle East tensions, and a fresh megacap milestone put buyers back in control after a rocky July. The advance was broad, with technology and communications shares leading the way and…

Stocks closed broadly higher on Friday, ending a turbulent month on a strong note as a blowout earnings report from Amazon reignited enthusiasm for the artificial intelligence trade. Investors looked past a fresh climb in Treasury yields and a steep drop in Apple shares, focusing instead on signs that spending on AI infrastructure continues to…

Wall Street roared higher on Thursday, with a wave of upbeat technology earnings reigniting enthusiasm for the artificial-intelligence trade and lifting all three major indexes sharply. A blockbuster quarter from Microsoft, driven by surging cloud demand, set the tone for the session and pulled chipmakers and other tech names along with it. The buying was…

Stocks tumbled across the board on Wednesday as a sharp jump in oil prices, renewed tensions in the Middle East, and a cautious message from the Federal Reserve combined to send investors racing for the exits. The Dow Jones Industrial Average posted its worst single-day point drop in more than a year, and the tech-heavy…