Blog

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...

Market Overview
Stocks finished higher Tuesday to close out a blockbuster second quarter, with the Dow edging up nearly 0.3% to another fresh record after crossing 52,000 for the first time on Monday, the S&P 500 gaining 0.8% for its best quarter since 2020, and the Nasdaq rallying 1.6% on the back ...

Market Overview
Stocks kicked off the week with a strong rally Monday, with the Dow Jones Industrial Average crossing 52,000 for the first time ever — closing at a record — while the S&P 500 gained 1.2% and the Nasdaq surged 2%, both bouncing back after last week's sharp losses. A big catalyst for t...

Market Overview
Thursday's session was a study in contrasts, with the market split between relief from Micron's blowout earnings and fresh anxiety over Big Tech's cash burn and a hotter-than-expected inflation print. The Nasdaq slipped 0.6% while the S&P 500 hugged the flat line and the Dow edged up...

Market Overview
US stocks mostly failed to mount a recovery Wednesday after Tuesday's brutal tech selloff, with the Nasdaq and S&P 500 slipping another 0.4% and 0.1%, respectively. The Dow managed a modest 0.3% gain, benefiting from its lighter tech exposure. Selling pressure in AI-linked names cont...

Market Overview
Stocks took a beating on Tuesday as a selloff in memory chipmakers reignited doubts about AI valuations across the board. The Nasdaq led the decline with a roughly 2.1% drop, while the S&P 500 shed 1.4% and the Dow barely escaped, finishing just below flat. The pain was centered squa...

Market Overview
Stocks finished Monday on a mixed note as a handful of big storylines kept traders busy. The Dow managed a gain of more than 0.2%, but the S&P 500 slipped nearly 0.4% and the Nasdaq took the hardest hit, dropping 1.3%, largely driven by a 5% slide in Alphabet. Amazon, Meta, and Nvidi...

Market Overview
US stocks staged a strong recovery Thursday, bouncing back from the previous session's FOMC-driven selloff as technology and cyclical stocks led a broad-based rally. The S&P 500 rose 1.08% to close at 7,501, the Nasdaq surged 1.91% to 26,518, and the Russell 2000 led all major indexe...

Market Overview
US stocks took a broad hit Wednesday after the Federal Reserve held rates steady in its first decision under new Chair Kevin Warsh, but delivered a hawkish surprise — nine of the 18 FOMC members who submitted projections now see a rate hike coming before year-end. That was enough to ...

Market Overview
Wall Street turned mixed on Tuesday as enthusiasm over the US-Iran peace deal started to cool. The Dow climbed 0.6% to a fresh record, extending Monday's rally, but the S&P 500 dropped 0.6% and the Nasdaq fell 1.1% as investors began questioning how quickly the Strait of Hormuz can a...