Category: EOD Summary

Stocks finished mixed on Tuesday as investors continued to rotate out of high-flying chipmakers and into more economically sensitive and defensive corners of the market. Strong corporate earnings and a sharp drop in oil prices helped power the Dow Jones Industrial Average to a gain of more than 500 points, even as weakness in semiconductor…

U.S. stocks finished mixed on Monday as an easing of Middle East tensions sent oil prices tumbling and lifted much of the broader market, even as renewed worries about heavy spending on artificial intelligence dragged technology shares lower. The split left blue-chip stocks higher and the tech-heavy Nasdaq slightly in the red, a familiar tug-of-war…

Wall Street ended a jittery week on a mixed note Friday, as a pullback in oil prices helped blue-chip stocks recover while a sharp slide in semiconductor shares kept pressure on the tech-heavy Nasdaq. The retreat in energy prices eased some of the inflation worries that had rattled markets a day earlier, but lingering concerns…

Stocks fell sharply on Thursday as a jump in oil prices collided with fresh worries about how much big technology companies are spending to build out artificial intelligence. A surge in crude past $100 a barrel, driven by escalating tensions in the Middle East, stoked inflation fears and pushed Treasury yields to their highest levels…

U.S. stocks finished a choppy session mixed on Wednesday, with the Dow Jones Industrial Average essentially flat while the S&P 500 and Nasdaq Composite slipped as investors turned cautious ahead of a wave of earnings from technology heavyweights due after the closing bell. Oil prices climbed sharply on renewed tension surrounding Iran, lifting energy shares…

Wall Street closed broadly higher on Tuesday as a sharp rebound in semiconductor stocks and a wave of encouraging corporate earnings outweighed lingering unease over U.S. military strikes on Iran. The rally marked a reversal from Monday’s session, when Middle East tensions had knocked tech shares lower despite an early attempt at a chip-sector comeback.…

Wall Street closed lower on Monday as renewed U.S. airstrikes against Iran and rising Treasury yields overshadowed an early-session rebound in chip and technology stocks. All three major indexes had traded in positive territory for much of the day before fading into the close, with the Dow Jones Industrial Average bearing the brunt of the…

U.S. stocks closed sharply lower on Friday, capping a rough week for Wall Street as a deepening selloff in semiconductor stocks combined with rising oil prices to unsettle investors. All three major indexes finished in the red, with technology and chip-related names leading the declines. What Moved Markets The Dow Jones Industrial Average fell 406.55…

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.…