Category: Market Summary
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Nasdaq, S&P 500 Rally To New Record Closing Highs
Stocks moved sharply higher over the course of the trading day on Wednesday, adding to the modest gains posted in the previous session. With the rally on the day, the Nasdaq and the S&P 500 reached new record closing highs. The Nasdaq (NASDAQI:COMP) and the S&P 500 (SPI:SP500) saw further upside going into the close,…
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Apollo Buys 49% of Intel’s Irish Plant for $11bn, BlackRock and Citadel to Create Texas Exchange, and More News
Intel (NASDAQ:INTC), Apollo Global Management (NYSE:APO) – Intel launched its sixth-generation Xeon processors for servers and Gaudi 3 AI accelerators at competitive prices, aiming to regain market share in the data center sector dominated by AMD. The new chips promise greater efficiency and performance, essential for AI applications and data center operations. Additionally, Apollo Global…
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U.S. Stocks Finish Choppy Trading Day Modestly Higher
Stocks fluctuated over the course of the trading session on Tuesday before eventually ending the day modestly higher. The major averages all finished the day in positive territory following the mixed performance seen on Monday. The Dow (DOWI:DJI) climbed 140.26 points or 0.4 percent to 38,711.29, the Nasdaq (NASDAQI:COMP) rose 28.38 points or 0.2 percent…
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Economic Worries May Lead To Weakness On Wall Street
The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move to the downside following the mixed performance seen in the previous session. Concerns about the outlook for the U.S. economy may weigh on the markets following yesterday’s disappointing manufacturing data. While economic weakness could prompt the…
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U.S. Stocks Close On Mixed Note
After a positive start and a subsequent retreat that resulted in a fairly long spell in negative territory on Monday, U.S. stocks recovered in afternoon trades and ended the day’s session on a mixed note. The Nasdaq (NASDAQI:COMP) outperformed, settling at 16,828.67 with a gain of 93.65 points or 0.56 percent. The S&P 500 (SPI:SP500)…
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Futures Pointing To Initial Strength On Wall Street
The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to move to the upside following a weak performance last week. After turning in a mixed performance throughout much of the session, the major U.S. stock indexes all rallied going into the close of trading on Friday. The…
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Late-Day Rally Leads To Higher Close For Dow, S&P 500; Nasdaq Ends Little Changed
After turning in a mixed performance throughout much of the session, the major U.S. stock indexes all rallied going into the close of trading on Friday. The Dow (DOWI:DJI) showed a substantial move to the upside, bouncing off its lowest closing level in almost a month. The Dow surged 574.84 points or 1.5 percent to…
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DJT Stock Falls 6% Post-Trump Conviction; UBS Restructures Senior Management for CEO Succession and More News
Trump Media & Technology Group (NASDAQ:DJT) – Trump Media & Technology Group’s stocks fell by 6.1% in pre-market trading after Donald Trump’s conviction for falsifying documents to silence a porn star before the 2016 elections. Sentencing is scheduled for July 11. UBS Group (NYSE:UBS) – UBS has reshuffled its senior management, splitting the wealth management…
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Trump Media Shares Drop Following Donald Trump Conviction
Shares in Trump Media & Technology Group (NASDAQ:DJT) fell 6.5% on Thursday following the result of the New York trial in which the former president was found guilty of falsifying documents to cover up a hush money payment to a porn star. The company, which is majority owned by Trump and is the parent of…
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U.S. Stocks Slump Ahead Of Inflation Data, Salesforce Weighs On Dow
After ending Wednesday’s session mostly lower, stock saw further downside during trading on Thursday. The major averages all finished the day firmly in negative territory, with the Dow once again falling to its lowest closing level in almost a month. The Nasdaq and the S&P 500 fell to new lows for the session late in…