Category: EOD Summary

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…

US stocks retreated on Thursday as a rebound in bond yields and a fresh climb in oil prices rattled investors and pulled all three major indexes lower. The selling picked up after the US Treasury’s surprise market intervention earlier in the week proved short-lived, allowing long-term yields to push back toward multi-decade highs. Adding to…

U.S. stocks closed modestly higher on Wednesday, with all three major indexes shaking off recent tech-led weakness as a pullback in Treasury yields steadied sentiment. The move came after the Treasury Department signaled it would step up buybacks of longer-dated government bonds, a step markets read as an effort to rein in borrowing costs after…

U.S. stocks closed lower on Tuesday, with technology shares leading a broad pullback as a sharp selloff in semiconductor stocks and a renewed climb in bond yields rattled investor confidence. Growing anxiety about inflation and mounting government debt kept Treasury yields elevated throughout the session, pressuring the high-growth names that have powered much of this…

U.S. stocks closed lower on Monday as renewed violence in the Middle East rattled investors and pushed oil prices higher, overshadowing a strong rally in semiconductor names. Traders spent the session weighing geopolitical risk against fresh optimism about artificial intelligence, and caution won out ahead of a busy week of retail earnings and Federal Reserve…

US stocks pulled back modestly on Friday, retreating from record territory after a batch of soft consumer data gave investors a reason to take some money off the table. A surprise drop in retail sales and a slide in consumer sentiment reminded traders that the American shopper may be growing more cautious, tempering the enthusiasm…

Stocks pushed higher on Thursday, with the S&P 500 closing at a record high just below the 7,800 mark, as a fresh batch of tame inflation data reinforced expectations that the Federal Reserve will hold interest rates steady next month. Softer readings on wholesale prices, arriving a day after an in-line consumer inflation report, helped…

US stocks finished mostly higher on Wednesday after a closely watched inflation report landed right in line with expectations, easing worries that the Federal Reserve might feel pressure to raise interest rates. The tech-heavy Nasdaq led the way, while the S&P 500 posted a modest gain and the Dow slipped just below the flat line.…

Stocks retreated from recent highs on Tuesday as investors turned cautious ahead of key inflation data due later this week and watched a fresh climb in oil prices tied to rising Middle East tensions. All three major indexes finished lower, with the tech-heavy Nasdaq bearing the brunt of the selling as traders trimmed exposure to…

U.S. stocks edged lower on Monday in a quiet, cautious session as traders looked ahead to a heavy week of inflation reports and Treasury auctions. Rising oil prices lifted energy shares but did little to change the broader mood, with the major indexes hovering just below the record highs reached late last week. The pullback…