Category: EOD Summary

Wall Street closed lower on Thursday as a renewed sell-off in semiconductor stocks dragged the Nasdaq Composite down sharply, even as strong earnings from healthcare names helped keep the Dow Jones Industrial Average close to flat. Investors spent the session digesting a wave of second-quarter earnings while growing more cautious about the pace and cost…

Wall Street closed higher on Wednesday as investors welcomed another round of cooler-than-expected inflation data, sending all three major indexes into positive territory. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite each notched gains after June producer price data came in softer than economists had forecast, adding to Tuesday’s encouraging consumer inflation reading.…

Wall Street closed mostly higher on Tuesday as a cooler-than-expected inflation report and solid results from the country’s biggest banks gave investors reason to keep buying, even as a profit warning from IBM held the Dow Jones Industrial Average in check. The Nasdaq Composite led the way, while the S&P 500 also notched a solid…

Wall Street closed lower on Monday as President Trump’s decision to reinstate a naval blockade on Iranian shipping through the Strait of Hormuz sent oil prices sharply higher and rattled investors already nervous about stretched valuations in the technology sector. All three major indexes finished in the red, with semiconductor stocks leading the retreat while…

Wall Street closed higher for a second straight session on Friday, with all three major indexes finishing in positive territory as investors cheered a massive initial public offering from memory chipmaker SK Hynix and kept an eye on fragile ceasefire talks between the United States and Iran. Both the S&P 500 and Nasdaq Composite notched…

US stocks closed higher on Thursday as investors looked past a renewed flare-up in US-Iran hostilities and instead focused on a rebound in semiconductor stocks ahead of SK Hynix’s much-anticipated Nasdaq trading debut. Falling oil prices helped calm nerves even as the US and Iran traded fresh strikes during the session, with all three major…

Wall Street closed mixed but broadly lower on Wednesday after President Trump said the fragile ceasefire between the United States and Iran was effectively finished, sending oil prices sharply higher and rattling stocks tied to the broader economy. The Dow Jones Industrial Average and S&P 500 both fell, while the tech-heavy Nasdaq Composite managed to…

Wall Street’s rally cooled off on Tuesday as a fresh wave of selling hit semiconductor stocks, ending the Dow’s run of record closes. A disappointing reaction to Samsung Electronics’ earnings overnight reignited worries that chip and AI-infrastructure valuations have gotten ahead of themselves, dragging the tech-heavy Nasdaq Composite to its worst day in weeks. Rising…

Wall Street kicked off the first full trading week of July with gains across the board, as renewed confidence in the artificial intelligence trade lifted technology and semiconductor stocks and helped the Dow Jones Industrial Average close above 53,000 for the first time. Coming off a holiday-shortened week that ended with the Dow at a…

Wall Street closed out a shortened trading week with a split verdict on Thursday. The Dow Jones Industrial Average powered to a fresh record high, while the Nasdaq Composite and small-cap stocks slid as a weaker-than-expected June jobs report sent investors rotating out of high-flying technology names and into steadier, rate-sensitive sectors. Markets are closed…