Category: EOD Summary

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…

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…