Category: EOD Summary

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.…

Wall Street closed mostly higher on Tuesday as a cooler-than-expected inflation report and solid results from the country’s biggest banks gave investors reason to keep buying, even as a profit warning from IBM held the Dow Jones Industrial Average in check. The Nasdaq Composite led the way, while the S&P 500 also notched a solid…

Wall Street closed lower on Monday as President Trump’s decision to reinstate a naval blockade on Iranian shipping through the Strait of Hormuz sent oil prices sharply higher and rattled investors already nervous about stretched valuations in the technology sector. All three major indexes finished in the red, with semiconductor stocks leading the retreat while…

Wall Street closed higher for a second straight session on Friday, with all three major indexes finishing in positive territory as investors cheered a massive initial public offering from memory chipmaker SK Hynix and kept an eye on fragile ceasefire talks between the United States and Iran. Both the S&P 500 and Nasdaq Composite notched…