Blog

Market Overview
Stocks pulled back Wednesday as investors held their breath ahead of after-the-bell earnings from Alphabet and Tesla, the first two Magnificent Seven names to step up to the plate this season. The Dow barely dipped below the flat line, the S&P 500 slipped 0.1%, and the Nasdaq led the...

Market Overview
Stocks bounced back Tuesday as the Nasdaq jumped 1.3%, the S&P 500 gained 0.9%, and the Dow climbed more than 0.7%, with chip stocks leading the charge ahead of a heavy week of Big Tech earnings. Semiconductors surged again, echoing a rally across Asian markets, and Nvidia climbed ne...

Market Overview
Stocks kicked off the week in the red Monday, with the Dow dropping 0.6% and the S&P 500 slipping about 0.2%, while the Nasdaq edged just below the flat line as chip stocks gave back earlier gains. The session came on the heels of a rough week for semiconductors, and the market is st...

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...