Category: EOD Summary

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…

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.…