Category: EOD Summary

Wall Street closed out the week on a strong note Friday as a better-than-expected April jobs report gave investors the confidence to push past lingering geopolitical concerns. The S&P 500 and Nasdaq Composite both notched new all-time closing highs, while the Dow Jones Industrial Average finished essentially flat as gains in tech and growth names…

U.S. stocks pulled back on Thursday after a strong run to all-time highs earlier in the week. The retreat came as oil prices bounced off session lows and investors grew cautious awaiting Iran’s response to a U.S. peace proposal aimed at reopening the Strait of Hormuz. After several sessions of gains fueled by blockbuster tech…

Stocks surged on Wednesday as a one-two punch of geopolitical optimism and stellar earnings from the artificial-intelligence complex sent all three major indexes to record closes. Reports that the United States and Iran are nearing an agreement to restore trade through the Strait of Hormuz lifted sentiment across the board, while a batch of blowout…

U.S. stocks rallied on Tuesday as a sharp pullback in oil prices relieved pressure from Monday’s geopolitical jitters, sending the S&P 500 and Nasdaq to fresh record closes. The session was underpinned by strong earnings from several major companies and renewed optimism that energy costs would not spiral higher following the weekend’s Iran-UAE tensions. What…

U.S. stocks kicked off the first full week of May on the back foot Monday, as a fresh flare-up in the Middle East sent crude oil prices sharply higher and rattled investor sentiment. The selloff came just days after the major averages wrapped up their strongest monthly performance in years, with the S&P 500 and…

Wall Street kicked off May on a split note Thursday, with the S&P 500 and Nasdaq Composite surging to fresh record closes while the Dow Jones Industrial Average lagged behind. The session was driven by a blowout earnings report from Apple and renewed optimism around easing geopolitical tensions in the Middle East — a combination…

U.S. stocks surged Thursday as a wave of blockbuster earnings reports from corporate heavyweights overwhelmed lingering geopolitical jitters and sent the S&P 500 above the 7,200 level for the first time. Caterpillar, Alphabet, Eli Lilly, and Qualcomm all delivered blowout quarters, giving investors the confidence to push equities higher despite a mixed macroeconomic backdrop. The…

U.S. stocks finished mixed on Wednesday as investors digested a contentious Federal Reserve rate decision, rising oil prices tied to the Iran standoff, and a massive wave of after-hours earnings from four of the Magnificent Seven. The Dow Jones Industrial Average extended its losing streak to five sessions, weighed down by energy-driven inflation fears, while…

U.S. stocks closed lower on Tuesday as a leaked internal report from OpenAI rattled the artificial intelligence trade and sent semiconductor and cloud-infrastructure names sliding. The selloff was concentrated in technology, where fears about the sustainability of AI spending overwhelmed an otherwise solid batch of corporate earnings. Defensive pockets of the market held up better,…

U.S. stocks finished Monday’s session in mixed fashion as investors weighed strong earnings results against renewed geopolitical anxiety in the Middle East. The S&P 500 and Nasdaq Composite both closed at record highs, buoyed by a powerful rally in semiconductor and telecom shares, but gains across the broader market were capped after reports that U.S.-Iran…