ADVFN US – Market Content Editor
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BofA’s Hartnett: S&P 500 Faces a ‘Bubble or Bust’ Summer as Investor Flows Shift Sharply
The U.S. stock market is approaching a potential turning point, warns Bank of America’s Michael Hartnett, who sees the S&P 500 walking a tightrope between explosive gains and a sharp reversal. According to a recent client note, if the benchmark index pushes past the 6,300 mark in July, it could trigger a key technical “sell”…
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S&P 500 and Nasdaq Hit Record Levels Amid Trade Concerns and Political Moves
U.S. stock markets wrapped up a holiday-shortened week on a strong note, with both the S&P 500 and Nasdaq Composite reaching new all-time highs. While investors in the U.S. showed confidence, European markets remained cautious amid ongoing uncertainty about America’s aggressive trade tactics. Stocks Boosted by Strong Employment Data and Policy Advances On Thursday, the…
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Dollar Slides Amid Trade Uncertainty and Growing U.S. Debt Worries
The U.S. dollar softened against key global currencies on Friday as investor nerves increased ahead of a critical tariff deadline and rising concerns over America’s fiscal outlook following President Donald Trump’s approval of a major tax cut and spending package. Although the dollar gained ground on Thursday, boosted by stronger-than-expected job data that pushed back…
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Gold Set for Weekly Rise as U.S. Fiscal Worries and Trade Disputes Boost Demand
Gold prices gained ground in Friday’s Asian trading session, recovering from earlier declines this week and positioning the metal for a notable weekly advance. Investor concerns about the growing U.S. fiscal deficit and upcoming trade policy decisions out of Washington have driven demand for gold’s safe-haven appeal. Spot gold rose by 0.5% to $3,341.34 per…
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Oil Prices Dip Slightly Ahead of OPEC+ Summit as U.S. Expands Sanctions on Iran
Oil prices edged down during Friday’s trading session in Asia, with investors closely watching for clues from the forthcoming OPEC+ meeting. Meanwhile, new sanctions imposed by the U.S. on Iran helped prevent a sharper drop in crude prices. September Brent crude slipped by 0.2% to $68.66 per barrel, while WTI futures declined by the same…
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Dow Surges Over 300 Points as S&P 500 Hits Record High Following Strong June Jobs Report
U.S. stocks rallied on Thursday, buoyed by a stronger-than-expected June jobs report, as investors embraced signs of economic resilience despite ongoing trade uncertainties and geopolitical tensions. The Dow Jones Industrial Average climbed 344.11 points, or 0.77%, closing at 44,828.53. The S&P 500 advanced 0.83% to reach 6,279.35, while the Nasdaq Composite gained 1.02%, finishing at…
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Stronger Than Expected Jobs Data Leads To Record Highs On Wall Street
After moving mostly higher over the course of Wednesday’s session, stocks saw continued strength during trading on Thursday. With the continued advance, the Nasdaq and the S&P 500 once again reached new record closing highs. The major averages moved roughly sideways after an early upward move, hovering firmly in positive territory. The Nasdaq jumped 207.97…
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CoreWeave Stock Rises as It Launches NVIDIA’s Powerful New GB300 NVL72 AI Platform
Shares of CoreWeave Inc. (NASDAQ:CORE) gained 3.2% on Thursday after the company unveiled its role as the first cloud provider to roll out NVIDIA’s (NASDAQ:NVDA) groundbreaking GB300 NVL72 AI system—marking a major leap in generative AI infrastructure. The GB300 NVL72 platform represents a significant step forward in AI processing, offering up to 10 times faster…
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CrowdStrike Reaches Record High Amid Surging Demand for Cybersecurity
CrowdStrike Holdings Inc. (NASDAQ:CRWD) soared to a new all-time high of $516.83, underscoring investor enthusiasm and the company’s continued strength in the cybersecurity space. The milestone pushes its market valuation to $128.5 billion and reflects a 33.12% gain over the past 12 months. The rally highlights CrowdStrike’s sustained growth as organizations increasingly invest in advanced…
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ASML Dips After Samsung Pushes Back Texas Chip Plant Timeline
Shares of ASML Holding NV (NASDAQ:ASML) edged down 0.9% after reports emerged that Samsung Electronics is delaying progress on its U.S.-based semiconductor factory, casting uncertainty over future equipment orders. According to Nikkei Asia, the South Korean tech giant is slowing the installation of chipmaking machinery at its Texas facility amid difficulties securing a sufficient customer…