A day after a broad stock rally, the Dow Jones Industrial Average and other major indexes were mixed, as Wall Street digested retail sales data and weekly unemployment claims ahead of the market open Thursday. Meanwhile, Nvidia (NVDA) chipmaker Taiwan Semiconductor (TSM) was an early winner on the stock market today. Ahead of the opening…
The Dow Jones Industrial Average jumped over 700 points after Wednesday’s inflation report pleased investors. Nvidia (NVDA) rebounded, while Microsoft (MSFT) gave quantum stocks a boost in the stock market today. The consumer price index trended lower in December. Although headline inflation rose 0.4% vs. estimates of 0.3%, core inflation cooled. Prices of goods and services…
The stock market finished a bruising week with a flourish Friday following a benevolent inflation reading, setting the stage for a possible Santa Claus rally. The Nasdaq composite ended the day well off session highs, but still gained 1%. While it closed back above the 21-day exponential moving average it suffered a weekly decline of…
The stock market closed at session lows Thursday, as the major stock indexes struggled in the wake of Wednesday’s Federal Reserve-fueled plunge. The Dow Jones Industrial Average cut gains to less than 0.1%, narrowly breaking a 10-day losing streak. The S&P 500 reversed lower 0.1%. The tech-heavy Nasdaq composite also gave up solid gains to…
The Dow Jones Industrial Average narrowly rebounded on Thursday from its 10-day slide. That losing streak, capped by a Federal Reserve-spurred meltdown on Wednesday, was the 30-stock, blue-chip index’s longest decline since 1974. Only a few Dow Jones stocks came out of the punishing period holding gains. The unscathed handful included Boeing (BA), Apple (AAPL),…
The Dow Jones Industrial Average and other major indexes traded higher in premarket action Thursday, as stocks looked to bounce back from Wednesday’s sell-off. Markets also digested stronger-than-expected GDP and weekly unemployment numbers. And artificial intelligence chip giant Micron Technology (MU) was an early earnings loser, while Nvidia (NVDA) looked to rebound. Ahead of the…
Major indexes showed mild, mostly positive action during the first hour of trading in the stock market today as investors await a Federal Reserve decision on interest rates at 2 p.m. ET and commentary by Fed Chair Jerome Powell on the outlook for monetary policy. At around 10:45 a.m. ET, the Nasdaq composite, which has…
The Dow Jones Industrial Average and other major indexes traded lower Tuesday amid November retail sales numbers that gave a mixed picture. An early loser on the stock market today was Nvidia (NVDA), while Tesla (TSLA) set more record highs Tuesday. After the opening bell, the Dow Jones Industrial Average dropped 0.5%, while the S&P…
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were slightly lower ahead of Tuesday’s stock market open. ↑ X NOW PLAYING Nasdaq Takes 20,000 On Poor Breadth; Amphenol, Dutch Bros, CrowdStrike In Focus Nvidia (NVDA) sold off 1.7%, hitting its lowest level since Oct. 15 and triggering the 7% loss rule…
The Nasdaq composite on Monday sent a strong message to stock market watchers: Look at me now, I’m the leader. Now the question is: Will the other key equity indexes follow? With just 10 trading sessions remaining in the year, keeping a close eye on potential divergence in action between the Nasdaq and other key…