Category: Market Summary

Following the mixed performance seen in the previous session, stocks showed a lack of direction throughout much of the trading day on Wednesday. The major averages moved to the upside in the latter part of the session, however, with the tech-heavy Nasdaq reaching a new record closing high. The major averages all finished the day…

U.S. stock markets moved higher on Wednesday, supported by softer inflation data and a fresh batch of corporate earnings reports. As of 09:35 ET, the Dow Jones Industrial Average was up 110 points, or 0.3%. The S&P 500 gained 12 points (0.2%), while the NASDAQ Composite added 10 points, or 0.1%. Producer Prices Remain Flat…

U.S. stock futures pointed to a stronger start on Wednesday, as investor sentiment turned optimistic following softer-than-expected inflation data and upbeat corporate earnings. Futures climbed after the U.S. Labor Department reported that producer prices remained unchanged in June, offering relief on the inflation front. The latest data showed that the producer price index for final…

The S&P 500 ended lower on Tuesday as strength in the tech sector, led by Nvidia, failed to outweigh weakness in financial stocks. Mixed earnings results from major U.S. banks and fresh inflation data added to investor uncertainty. At the close of trading, the Dow Jones Industrial Average dropped 436 points, or 1%, the S&P…

Stocks moved mostly higher early in the session on Tuesday but gave back ground over the course of the trading day. The major averages pulled back well off their highs of the session before eventually closing mixed. While the tech-heavy Nasdaq rose 37.47 points or 0.2 percent to a new record closing high of 20,677.80,…

U.S. equities inched higher on Tuesday as investors processed fresh inflation data and a wave of bank earnings that kicked off the second-quarter reporting season. As of 09:35 ET, the Dow Jones Industrial Average rose 25 points, or 0.1%, the S&P 500 gained 25 points, or 0.4%, and the NASDAQ Composite advanced 165 points, or…

U.S. equity futures pointed to early gains on Tuesday, setting the stage for a positive open as investors digested fresh inflation data and a key update from chip giant Nvidia. Nvidia (NASDAQ:NVDA) was a standout in premarket trading, jumping 4.7% after the company revealed it would “soon” resume shipments of its AI-focused H20 chips to…

U.S. equity futures edged slightly higher early Tuesday as markets geared up for a high-stakes session featuring earnings reports from top Wall Street banks and the latest consumer inflation data. Investors are also digesting upbeat growth figures from China and a key update from Nvidia regarding its AI chip sales in the Chinese market. Markets…

The S&P 500 closed slightly higher on Monday after President Donald Trump signaled he was open to negotiating trade agreements, including with key partners like the European Union. The comments boosted investor confidence that a global trade war could still be avoided. By 4:00 p.m. ET, the Dow Jones Industrial Average had gained 88 points,…

Stocks showed a lack of direction over the course of the trading session on Monday, with the major averages bouncing back and forth across the unchanged line following the modest pullback seen during last Friday’s session. By the close of trading, the major averages were narrowly mixed. The choppy trading on Wall Street came despite…