US markets today: Wall Street drifts near record highs as Big Tech results; Trump-Xi trade talks pull investors in both directions

US markets today: Wall Street drifts near record highs as Big Tech results; Trump-Xi trade talks pull investors in both directions

US markets ended mixed on Thursday, with investors juggling upbeat and cautious signals from Big Tech earnings and renewed optimism around US-China trade ties.The S&P 500 slipped 0.2% from its all-time high earlier this week, while the Nasdaq composite lost 0.6%. The Dow Jones Industrial Average, however, gained 199 points, or 0.5%, by mid-morning trade,…

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Dow, S&P 500, Nasdaq futures flat with Fed decision, slew of Big Tech earnings on deck

Dow, S&P 500, Nasdaq futures mostly up with Fed decision, slew of Big Tech earnings on deck

US stock futures made gains Wednesday morning, as investors braced for the Federal Reserve’s policy decision following another record-setting session on Wall Street. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1% while contracts tied to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) gained 0.2% and 0.3% respectively. The…

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Boom or bubble, investors can't get enough of AI

Boom or bubble, investors can’t get enough of AI

OpenAI CEO Sam Altman (L) speaks with Microsoft Chief Technology Officer and Executive VP of Artificial Intelligence Kevin Scott during the Microsoft Build conference at Microsoft headquarters in Redmond, Washington, on May 21, 2024.  Jason Redmond | AFP | Getty Images Investors can’t get enough of artificial intelligence, despite worries over the sector’s excessively high…

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