Summary: U.S. markets closed mixed on Tuesday as the Nasdaq saw slight gains thanks to tech stocks while financials dragged on other indexes after major U.S. banks were hit with another downgrade from a credit rating agency. Meanwhile, China took steps to stabilize its currency amid weakening economic conditions and deteriorating credit conditions.
Stock indices finished the trading session in the green, with gains seen in the Nasdaq 100, S&P 500, and Dow Jones Industrial Average. However, Texas manufacturing experienced a downturn in August, and gas prices have slipped across the country. U.S. stock futures are trending higher, and traders are awaiting key economic releases and earnings reports this week. In Asian markets, indices ended higher, but Evergrande Group's shares plunged while Xpeng's shares rallied.
Stocks closed mixed on Friday after the US unemployment rate showed a surprise jump, with the tech-heavy Nasdaq closing flat, the S&P 500 eking out a modest gain, and the Dow Jones leading the session with a 0.3% increase; all three indices ended the month with losses.
Stock market indexes experienced losses as small caps led the selling, while oil stocks rose due to Saudi Arabia and Russia extending their oil production cuts, and other notable stock movements included PulteGroup and Airbnb surging, Blackstone being added to the S&P 500, Brady stock surging after better-than-expected earnings, and Sprinklr, Tesla, America's Car-Mart, NextGen Healthcare, Oracle, Li Auto, and Trip.com experiencing various ups and downs.
U.S. stocks fell as oil prices reached a 10-month high, raising concerns about inflation and its impact on the economy; tech mega caps stumbled, leading to losses in the Nasdaq, S&P 500, and Dow Jones Industrial Average.
U.S. stocks rebounded as the week closed, with tech-heavy Nasdaq Composite and benchmark S&P 500 both up 0.1%, as concerns about higher interest rates were balanced by elevated oil prices and mixed economic data.
Summary: The Nasdaq and S&P 500 closed slightly higher on Friday after a week of losses, while the Dow Jones Industrial Average rose 0.2%; however, all three major indexes ended the week lower due to rising oil prices, stronger-than-expected labor market data, and China's iPhone ban.
U.S stocks are recovering from losses, with the S&P 500 and Dow Jones Industrial Average both up 0.4%, as tech stocks lead the market higher and investors await key data on inflation this week.
Despite the pressure on the market, the major US equity indexes have held steady near their recent highs, with the S&P 500 up 16.21% year to date and the Nasdaq Composite up 31.6%, raising questions about whether the current market weakness is due to seasonality or potentially something more significant like inflation.
Stocks surged as the Dow Jones Industrial Average rose, driven by strong performances from Goldman Sachs, Caterpillar, and Arm, while the tech-heavy Nasdaq and the S&P 500 also saw gains; strong consumer data and positive economic indicators contributed to the market's optimism.
US stocks slumped as reports of China's recovering economy caused concern, potentially impacting global stock exchanges, while the US auto workers' strike and oil price rallies also contributed to market fluctuations.
Summary: Dow Jones futures, S&P 500 futures, and Nasdaq futures all rose overnight, while the stock market correction continued with heavy losses as the 10-year Treasury yields surged, leading to the S&P 500 undercutting its August lows and the Nasdaq and Dow Jones coming close to doing the same.
Stocks slid as fears of higher interest rates, a decline in consumer confidence, and a potential government shutdown weighed on investor sentiment, leading to losses in the S&P 500 and Dow Jones Industrial Average.
Stocks closed mixed on Wednesday, with the S&P 500 barely in the green, as investors continue to digest the implications of the Federal Reserve's higher for longer stance on interest rates. The Dow Jones Industrial Average dropped 0.2% and the Nasdaq Composite gained 0.2%. Meanwhile, oil prices hit fresh 2023 highs, and the possibility of a US government shutdown remains a concern.
Wall Street stocks slipped as investors reviewed data on the US economy, with the S&P 500 and the Dow Jones Industrial Average trading slightly lower, and the Nasdaq Composite dropping further; the 10-year Treasury yield continued to rise, and oil prices turned lower after hitting new highs.
Stocks ended the day higher as the surge in oil, the dollar, and Treasury yields slowed down, with the Nasdaq rising 0.8%, the S&P 500 gaining 0.6%, and the Dow Jones Industrial Average rising 0.4%.
Stocks mostly fell in the U.S. on Friday, with the S&P 500 and Dow Jones Industrial Average declining, while the Nasdaq Composite inched up; all three indexes ended the month of September in the red, with the S&P and Nasdaq experiencing their worst monthly performance since December, and the Dow having its worst showing since February.
U.S. stocks showed mixed performance as Treasury yields rose and a government shutdown was averted, with the Dow Jones Industrial Average down 0.6%, the S&P 500 down 0.3%, and the Nasdaq Composite up 0.4%.
Stocks slumped as the bond rout continues and one Fed policymaker predicted another interest rate hike this year, with the Nasdaq falling 0.5% and the S&P 500 and Dow Jones Industrial Average losing 0.4%.
The Dow Jones Industrial Average and other indexes took a major hit in the stock market, with the Dow falling more than 500 points and the Nasdaq and S&P 500 also experiencing significant losses, as the cost of borrowing money increased and the yield on the Treasury 10-year bond reached a 16-year high.
The U.S. stock market ended mixed, with the S&P 500 remaining unchanged, while the Nasdaq saw gains due to Nvidia's shares jumping following Goldman Sachs' endorsement, and global markets experienced losses, including Japan's Nikkei 225, Australia's S&P/ASX 200, and Hong Kong's Hang Seng index.
Stocks slip as U.S. crude futures drop and mortgage rates climb, while investors await payroll data for signs of a slowing job market; electric vehicle stocks like Rivian and Lucid are making moves, and the U.S. Dollar Index rises for its 12th consecutive week. European stocks close mixed, and utilities stocks see their worst year in over a decade due to higher bond yields.
Summary:
US stock indexes closed lower as investors awaited monthly employment data and looked for insights into future interest rate directions, with the Dow Jones Industrial Average down 0.03%, the S&P 500 down 0.13%, and the Nasdaq Composite down 0.12%; in Asian markets, Japan's Nikkei 225 declined 0.28%, Australia's S&P/ASX 200 rose 0.41%, China's markets were closed for a holiday, and Hong Kong's Hang Seng index gained 1.40%; European markets, including the STOXX 600, Germany's DAX, France's CAC, and the UK's FTSE 100, all saw gains; and in commodities, Crude Oil WTI and Brent were down, Natural Gas was up, and Gold, Silver, and Copper all saw increases.
U.S. equities rebounded as the S&P 500 increased 0.6% following Fed officials' suggestion of a potential decrease in interest rate hikes, while concerns over conflict in the Middle East caused oil futures to spike and dragged down shares of airlines and cruise lines.
The Dow Jones Industrial Average rose 0.5% and the S&P 500 gained 0.6% amid ongoing conflict in Israel and ahead of key economic data, while the Nasdaq led with a 0.7% gain, and the small-cap Russell 2000 index gained more than 1%.
Stocks rebounded, with the Nasdaq climbing 0.7% and the S&P 500 gaining 0.4%, as bond yields retreated and markets digested wholesale inflation data, while gold prices rose and investors sought safe-haven investments amid the conflict in Israel and Gaza.
Dow Jones futures rose slightly while S&P 500 futures and Nasdaq futures fell; Treasury yields retreated as crude oil prices spiked due to tighter sanctions on Russian crude sales, and several major companies including UnitedHealth, JPMorgan Chase, and Wells Fargo reported earnings.
Dow Jones futures rose slightly while S&P 500 futures and Nasdaq futures fell; Treasury yields retreated and crude oil spiked as U.S. sanctions on Russian crude sales tightened; UnitedHealth, JPMorgan Chase, Wells Fargo, Citigroup, PNC Financial Services, and BlackRock reported their earnings; the stock market rally retreated after an inflation report and a poorly received Treasury auction; Apple and Microsoft stocks edged higher while Google and Meta Platforms fell; Dow Jones futures rose slightly; the 10-year Treasury bond yield fell; the stock market rally struggled at key levels; growth ETFs slumped; megacap stocks like Apple, Microsoft, Google, Meta, Nvidia, Amazon, and Tesla were down a fraction; investors should be cautious and ready to reduce or exit positions if necessary.
Stocks were mixed on Friday as big US banks reported upbeat earnings, while concerns about the conflict in the Middle East kept investors cautious. The Dow Jones gained 0.2%, while the S&P 500 was down 0.3%, and the Nasdaq Composite slid about 1%.
Stocks were mixed on Friday as big US banks reported upbeat profits, but investor concerns over the developing conflict in the Middle East kept the market cautious. The Dow Jones gained 0.4%, while the S&P 500 was down 0.1% and the Nasdaq Composite slid 0.7%.
Stocks ended Friday mixed as tensions in the Middle East and declining consumer sentiment caused investors to seek safe havens, with the Nasdaq down 1.2%, the S&P 500 slipping 0.5%, and the Dow Jones Industrial Average gaining 0.2%. Meanwhile, gold prices and the VIX rose, treasury yields retreated, and oil prices increased over supply concerns. JPMorgan Chase, Wells Fargo, and Citigroup all reported positive Q3 earnings, with JPMorgan beating expectations and posting record net interest income.
Stock indices finished mixed, with the Dow Jones gaining 0.12% while the S&P 500 and Nasdaq 100 fell 0.5% and 1.24% respectively; UBS analysts predict a "softish" landing for the US economy and have adjusted their S&P 500 price target down to 4,500 from 4,700, citing geopolitical and domestic financial developments.
Dow Jones, S&P 500, and Nasdaq futures remained steady, with stocks rebounding off lows despite tightening U.S. restrictions on AI chip exports to China and surging Treasury yields; Tesla and several other stocks are on the watchlist as they approach buy points.
The stock market made a strong rebound with the Nasdaq erasing its losses and the S&P 500 regaining its 200-day moving average, while major tech stocks like Apple, Meta Platforms, Microsoft, and Nvidia showed impressive strength. Despite the rebound, the stock market still faces risks from geopolitical tensions in the Middle East and major earnings reports from tech giants like Microsoft, Meta, Google-parent Alphabet, and Amazon.com. Additionally, there was significant merger and acquisition activity in the market, including Chevron's acquisition of Hess and Roche Holding's purchase of Telavant.
US stocks close mixed as Treasury yields retreat from 5%, with the S&P 500 ending slightly lower, the Nasdaq higher, and the Dow Jones Industrial Average declining for the fourth consecutive day; focus shifts to high-profile earnings and economic data.
The Nasdaq Composite gained over 30 points, while the Dow dipped by 0.58%, and the S&P 500 fell by 0.17% as U.S. stocks showed mixed performance. Retail traders and investors focused on stocks such as Marathon Digital Holdings, Riot Blockchain, MicroStrategy Incorporated, Coinbase Global, and Tesla, with their performance influenced by the positive momentum in Bitcoin.
U.S. stocks ended higher on Tuesday, with the Dow Jones Industrial Average rising 0.6% and snapping a four-day losing streak, while the S&P 500 gained 0.7% and broke its five-day losing streak, as strong earnings reports from blue-chip companies boosted investor confidence.
Stocks slipped as investors analyzed mixed earnings reports from Microsoft and Alphabet, with the Dow Jones Industrial Average rising 0.2%, the S&P 500 falling 0.6%, and the Nasdaq Composite dropping over 1%.
Stocks slipped as investors reacted to mixed earnings reports from Microsoft and Alphabet, with the Dow Jones Industrial Average gaining 0.2%, the S&P 500 falling 0.6%, and the Nasdaq Composite dropping over 1%. Alphabet shares slid more than 8% due to underperformance in its cloud business, while Microsoft stock rose 4% on strong earnings results.
Stocks opened lower as investors digest disappointing Big Tech earnings and rising bond yields, with the Nasdaq and S&P 500 dropping about 0.5% and 0.4%, respectively, while the Dow Jones Industrial Average remained flat. The US economy grew at its fastest pace in nearly two years, with a 4.9% increase in GDP, driven by strong consumer spending. Stock futures point to a continuation of the sell-off as investors anticipate more earnings releases.
The Dow Jones Industrial Average and other stock market indexes experienced a sell-off, with the Dow falling 0.1% and the S&P 500 and Nasdaq also declining. Additionally, the small-cap Russell 2000 rebounded, while various stocks, including Apple, Microsoft, Meta Platforms, and Align Technology, experienced mixed performance.
Asian stocks were mixed as U.S. shares slumped due to poor corporate earnings, with Australian, South Korean, and Japanese shares falling while equity futures in China and Hong Kong rose; Indian benchmark stock indices declined and uncertainty from the Israel-Hamas conflict weighed on markets.
The stock market closed mixed, with the Nasdaq as the only winner, while the Dow Jones Industrial Average retreated and the S&P 500 and Dow fell deeper below their 200-day lines. Amazon and Intel outperformed after strong earnings reports, while other stocks such as ACM Research, Kinsale Capital Group, Chart Industries, Enphase Energy, Exxon Mobil, and Chevron experienced significant declines.
