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The stock market rally has slowed down significantly, with the Nasdaq and S&P 500 tumbling below their June 24 follow-through days. Crude oil prices fell, while copper prices and Treasury yields sold off on recession fears. Nike, Micron Technology, and RH fell on guidance. Meanwhile, China EV startups
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The stock market rally is showing signs of life, with the Nasdaq composite leading the way with a 3.3% surge on Friday, despite some volatility in trading. The Dow Jones Industrial Average also experienced a dip on Monday, falling 0.25%, but investors remain cautiously optimistic about the market&
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The benchmark indices, Sensex and Nifty, opened lower on February 18 due to ongoing tensions between Ukraine and Russia, and potential interest rate hikes in India and abroad. The Nifty was down 0.23 percent at 17,265, with 1128 shares declining and 734 shares advancing. Key sectors such as
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The stock market continues to show weakness, with most major indexes experiencing losses and some even trading below their 10-week moving averages. The Nasdaq composite, which has fallen in six of the past eight weeks, is at its lowest level since November, with a 16% drop from its all-time peak.
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The Dow Jones and S&P 500 futures fell 0.8% and 0.7% respectively, as Treasury yields continued to trend higher. Apple stock rose modestly overnight, while Tesla stock plunged nearly 12% after its earnings report. The stock market rally attempt is valid as long as the major
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In the wake of a tumultuous past three trading days that saw the FTSE 100 lose almost 3%, and the Nasdaq-100 index plummet by 13.4% this year, Questor analysts have taken a hard look at the tech sector's fortunes. The market's current anxiety over Ukraine
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US stocks started the day mixed after a report said that retail and food services fell more than expected last month. Investors are also digesting a slew of quarterly earnings reports from banks, as JPMorgan Chase & Co. (JPM) and Citigroup Inc. (C) recorded income declines, while Wells Fargo &
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Investors are optimistic following Federal Reserve Chairman Jerome Powell's Senate confirmation hearing, during which he pledged to tackle inflation by raising interest rates if necessary. This move boosted the stock market, with the Dow Jones, S&P 500, and Nasdaq all closing higher. Growth stocks, in particular,
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The Nasdaq composite led the stock market with a 0.7% gain, driven by strength in Boeing, Apple, and Tesla stocks. The Dow Jones Industrial Average also edged higher by 0.2%, thanks to gains in financial stocks like Goldman Sachs and American Express. Meanwhile, the S&P 500
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Thousands of US flights were canceled over New Year's weekend due to a combination of Covid-19 disruptions and winter weather. Despite this, shares of major airlines, cruise operators, and plane maker Boeing rose in premarket trading on Monday. According to flight tracker website FlightAware, over 4,464 flights
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The Dow Jones Industrial Average began the week on a mixed note, weighed down by losses in the tech and energy sectors, while the S&P 500 faltered as growth stocks took a hit. However, a few stocks from the Dow Jones managed to stay in the green, with
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The Dow Jones Industrial Average exhibited a modest gain in afternoon trading, primarily driven by Nike and Walgreens Boots Alliance stocks. The 10-year Treasury yield significantly spiked 6 basis points to 1.54%, a notable increase that moved decisively above its 50-day moving average. In contrast, the Nasdaq composite was
