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US stocks closed lower on Thursday as rising Treasury yields, higher energy prices andInflationconcerns weighed on sentiment. The S&P 500 fell 0.9%, theNasdaqdeclined 0.7% and the Dow dropped 704 points, with financial and AI-related stocks under pressure. Walmart plunged 9.1%, its steepest one-day decline …
US stocks closed mixed on Wednesday, with the S&P 500 gaining 0.2% and the Dow rising 120 points, while theNasdaqslipped 0.2%. Treasury measures to curb long-term borrowing costs and improve dollarLiquiditysupported equities, although the Fed minutes indicated that some policymakers still favoured rate hikes. …
Key HighlightsWalmart (NYSE:WMT) US comparable sales rose just 2.6% year-on-year, the weakest pace since 2020, missing the 3.8% analysts expected even excluding a drag from new pharmacy pricing rules.Shares dropped as much as 8.7% to $104.34 shortly after the open before paring the loss …
US stocks closed lower on Tuesday as elevated bond yields, rising energy prices andInflationconcerns pressured markets. The S&P 500 fell 0.7%, theNasdaq100 declined 1.7% and the Dow lost 116 points, led by sharp losses in AI-linked chipmakers including Nvidia, Broadcom, Micron, AMD and Intel. …
Wall Street is backing away from the prospect of a September Federal Reserve rate hike, but theBond Marketappears to be moving in the opposite direction.
US stock futures fell Tuesday as rising tensions between the US and Iran revived inflation concerns, with elevated oil prices adding pressure across markets.
TheNasdaqannounced it plans to add an overnight trading session, allowing investors to trade stocks for nearly 23 hours per day.
US equities closed higher on Thursday as softer-than-expected producer and consumerInflationstrengthened expectations that the Federal Reserve would keep interest rates unchanged next month. The S&P 500 gained 0.6% to a record high, theNasdaqadvanced 1.1% and the Dow added 70 points. Semiconductor stocks rallied on …
US equities closed mostly higher on Wednesday, with the S&P 500 gaining 0.3% and theNasdaqrising 0.7%, supported by tameInflationdata and strong AI-related earnings. CoreWeave and Super Micro Computer surged around 19%, while Nvidia, Oracle and Micron also advanced on renewed optimism around AI infrastructure. …
Market MoversPlug Power and Riot Platforms both jumped around 12% on stronger-than-expected quarterly results, while Sea Limited rose about 10% after postingRevenueof $7.79 billion, up 48% year-over-year.
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