Category: EOD Summary

U.S. stocks rallied broadly on Wednesday, recovering ground lost over the prior several sessions as a pullback in Treasury yields eased pressure on the market and reignited demand for technology shares. All three major indexes finished solidly higher, led by the Dow Jones Industrial Average, as investors grew more comfortable that the Federal Reserve is…

U.S. stocks bounced back on Wednesday, ending a three-day losing streak as a relentless run-up in Treasury yields finally paused and gave buyers room to step back in. All three major indexes finished modestly higher, with the Dow reclaiming the 53,000 mark, as investors weighed cooler bond-market pressure against still-elevated oil prices and lingering geopolitical…

Stocks began the new month on the back foot Tuesday, as a fresh spike in oil prices and a worldwide jump in bond yields put pressure on equities. Renewed hostilities in the Strait of Hormuz sent crude above $90 a barrel, reviving inflation worries and reinforcing bets that the Federal Reserve could raise interest rates…

Stocks pulled back to start the week as renewed conflict in the Middle East rattled investors and pushed energy prices and bond yields higher. The U.S. and Iran traded fire for the first time in a month, reviving worries about oil supply just as markets had been coasting near record levels. Even with Monday’s losses,…

Wall Street closed modestly lower on Friday after new Federal Reserve Chair Kevin Warsh used his debut Jackson Hole address to warn that inflation remains too high and that the central bank may need to raise interest rates in the months ahead. The message cooled some of the enthusiasm that had carried stocks higher a…

Wall Street closed higher on Thursday as a stronger-than-expected forecast from Nvidia revived enthusiasm for the artificial intelligence trade that has driven the bull market. Technology shares led the advance, with the Nasdaq Composite outpacing the broader market by a wide margin, while gains in the Dow Jones Industrial Average were more restrained. The rally…

U.S. stocks closed slightly lower on Wednesday, drifting through a quiet session as traders held back ahead of Nvidia’s highly anticipated quarterly report due after the closing bell. Fresh inflation data that showed price pressures remain elevated gave investors little reason to chase stocks higher, and the major averages spent much of the day hovering…

U.S. stocks closed higher on Tuesday as a rebound in technology and chipmaker shares, easing Treasury yields, and softer oil prices helped Wall Street shake off recent volatility. Investors positioned cautiously ahead of Nvidia’s closely watched earnings report on Wednesday, which many see as a key test of the artificial intelligence trade that has driven…

Wall Street split down the middle on Monday, with a sharp drop in semiconductor stocks dragging the technology-heavy Nasdaq lower even as the Dow Jones Industrial Average pushed to a new closing high. The pullback in chips overshadowed a friendlier move in Treasury yields and a steady rotation into defensive corners of the market, leaving…

Stocks closed higher on Friday, with the Dow Jones Industrial Average leading the way, as upbeat economic data and calmer bond markets gave investors a reason to buy after a turbulent week. A report showing U.S. business activity growing at its fastest pace in more than four years helped lift sentiment, even though the major…