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Market Overview
Stocks closed out the week on a sour note Friday, with the major indexes posting meaningful weekly losses as the semiconductor sector took center stage for all the wrong reasons. The Dow fell 0.7%, the S&P 500 dropped 1%, and the Nasdaq shed 1.4% on the day. For the week, the S&P 500...

Market Overview
Stocks pulled back Thursday as Wall Street took a hard look at AI valuations and digested a mixed bag of earnings news. The Dow slipped 0.2%, the S&P 500 lost 0.5%, and the Nasdaq took the biggest hit with a 1.5% decline as chip stocks extended their slide into a second straight sess...

Market Overview
Stocks logged another day of gains Wednesday, with Big Tech leading the charge alongside a better-than-expected inflation reading at the wholesale level. The Producer Price Index showed that June wholesale inflation cooled faster than economists had anticipated, building on Tuesday's...

Market Overview
Stocks pushed higher Tuesday as a cooler-than-expected inflation reading gave markets a reason to exhale. The CPI came in at 3.5% annualized for June, below the 3.8% economists had forecast, easing some pressure on the Fed to tighten further — though traders still have one 25-basis-p...

Market Overview
Stocks kicked off a busy week in the red as the US and Iran escalated military tensions over the weekend, with renewed US strikes near the Strait of Hormuz and Iran retaliating against US allies including Kuwait, Jordan, and Qatar. The Dow fell 0.3%, the S&P 500 dropped 0.8%, and the...

Market Overview
Stocks wrapped up a winning week on Friday, with the S&P 500 and Nasdaq both logging weekly gains after a turbulent stretch. The Dow added 0.3%, the S&P 500 rose 0.4%, and the Nasdaq gained 0.3% as investors kept a close eye on ceasefire talks between the US and Iran. The big headlin...

Market Overview
Stocks bounced back on Thursday as the AI trade took center stage ahead of SK Hynix's highly anticipated Nasdaq debut on Friday. The Nasdaq led the charge with a 1.3% gain, the S&P 500 added 0.8%, and the Dow tacked on more than 0.2% after Wednesday's mixed close. The South Korean me...

Market Overview
Wednesday's session ended mixed as escalating US-Iran tensions rattled markets and sent oil prices sharply higher. After American forces carried out strikes against Iran late Tuesday in response to attacks on commercial vessels in the Strait of Hormuz, President Trump declared the US...

Market Overview
Stocks pulled back Tuesday as the semiconductor sector came under pressure from two separate headlines. Samsung reported a staggering 19-fold jump in Q2 operating profit thanks to AI-driven demand, but investors fixated on concerns about its AI spending plans and future demand outloo...

Market Overview
Stocks kicked off the week on a positive note Monday, with the Nasdaq leading the charge with a 1.1% gain as tech stocks bounced back from their recent slump. The S&P 500 added 0.7%, and the Dow edged up 0.3% to close above 53,000 for the first time, building on last week's record-se...

Market Overview
Stocks went their separate ways Thursday as investors chewed over a June jobs report that muddied the rate outlook and the chip sector continued its slide. The Dow surged more than 1.1% toward a new record high, while the S&P 500 barely moved and the Nasdaq dropped 0.8% as tech selli...

Market Overview
Stocks kicked off the third quarter on a sour note Wednesday, with the S&P 500 slipping 0.2% and the Nasdaq dropping 0.6% as semiconductor stocks pulled back. The Dow dipped below the flatline after its fresh record-high close from the day before. Markets did bounce off their session...