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Market Overview
U.S. markets closed the week on a high note, driven by a resurgence in tech stocks and optimism ahead of Monday's inauguration holiday. The Dow Jones Industrial Average gained 0.8%, leading a day marked by strong performances in growth sectors. The S&P 500 rose 1%, while the Nasdaq ...
Market Overview
Markets closed lower on Thursday as the Nasdaq Composite led a downturn, pressured by weakness in tech stocks and mixed earnings reports. The S&P 500 dropped 0.2%, while the Dow Jones Industrial Average slid 0.1%. The Nasdaq fell nearly 0.9%, dragged down by underperformance in Appl...
Market Overview
Markets soared on Wednesday following a cooler-than-expected inflation report, fueling optimism that the Federal Reserve might ease its monetary tightening sooner than anticipated. The Dow Jones Industrial Average climbed over 700 points, a gain of 1.6%, while the Nasdaq Composite s...
Market Overview
U.S. stocks closed mixed on Tuesday as investors braced for a pivotal inflation report due Wednesday morning. The Producer Price Index (PPI), a measure of wholesale price changes, offered a glimpse of moderating inflation with a year-over-year rise of 3.3%, slightly below expectatio...
Market Overview
Markets ended the day mixed, with the Dow Jones Industrial Average outperforming as tech stocks dragged the Nasdaq lower. Investors continued to grapple with climbing Treasury yields and a strengthening U.S. dollar, both of which dampened optimism for rate cuts. The S&P 500 recovere...
Market Overview
U.S. markets took a sharp hit on Friday following the release of a surprisingly strong December jobs report, which added to inflation worries and renewed uncertainty around interest rate trajectories. The Dow Jones Industrial Average plunged approximately 1.6%, wiping out year-to-da...
Market Overview
U.S. markets struggled for direction on Wednesday, closing flat after an indecisive trading session marked by light volumes and a lack of major catalysts ahead of Thursday’s holiday. SPY ended just barely in the green, reflecting investor caution as markets navigated mixed macroecon...
Market Overview
U.S. stocks ended Tuesday with broad declines as cautious investors digested mixed economic data and a recalibration of Federal Reserve rate cut expectations. The tech-heavy Nasdaq suffered the steepest losses, plunging 1.9%, led by a sharp 6% drop in Nvidia following its record clo...
Market Overview
U.S. stocks advanced on Monday as a rally in semiconductor stocks led the tech-heavy Nasdaq to a 1.2% gain, outpacing other major indices. Nvidia surged over 3% to close at a record high after its server partner Foxconn announced strong revenue and robust AI-driven sales projections...
Market Overview
U.S. markets ended the week on a high note as a robust rebound in technology stocks led to gains across major indices. The Nasdaq soared by 1.8%, propelled by sharp rallies in Tesla and Nvidia, while the S&P 500 advanced 1.3%, and the Dow Jones Industrial Average climbed 0.8%. Tesla...
Market Overview
Stocks began the new year with a muted performance, struggling to maintain early session gains as Wall Street returned from its holiday break. The S&P 500 declined by 0.2%, while the Dow Jones Industrial Average shed 0.3% or roughly 150 points. The Nasdaq Composite dropped less than...
Market Overview
Stocks ended 2024 on a mixed and subdued note as the major indices struggled for direction amidst a year that delivered impressive gains. The S&P 500 slipped 0.4%, while the Nasdaq Composite led losses with a 0.9% decline, and the Dow Jones Industrial Average hovered just below the ...
