Wall street mostly gained early as investors eyed an onslaught of earnings reports. At 10:05 A.M. ET, the broad S&P 500 rose 0.13%, or 7.99 points, to 6,069.47; the blue chip Dow was down 0.034% , or 15.29 points, to 44,857.99; and the tech-laden Nasdaq gained 0.14%, or 27.06 points, to 19,719.39. The 10-year benchmark…
Wall Street closed weaker Friday, pressured late in the day by comments from the White House that 25% tariffs on Mexican and Canadian goods and a 10% levy on Chinese products would begin Saturday. A Reuters report said collection of the duties from Mexico and Canada would be delayed until March 1, but the White…
The chief executive of Nvidia, a leading manufacturer of computer chips used by Artificial Intelligence companies, is meeting with President Donald Trump as his administration weighs whether to expand limits on shipping advanced chips to China. The meeting comes during a week when the Chinese startup DeepSeek threw the AI industry into upheaval and sent…
U.S. stocks opened mostly higher as investors digested a slew of corporate earnings reports, including some from the so-called Magnificent 7. Magnificent 7 stocks are mega-cap technology companies whose shares have significant weighting in major stock indexes and have led much of the rally in stocks the past few years. They are Apple, Microsoft, Amazon, Alphabet…
Wall Street’s main indexes were on track for a subdued open on Wednesday, as losses in tech heavyweights Apple and Nvidia kept broader gains in check and investor attention turned to the U.S. Federal Reserve’s interest-rate decision, due later in the day. Markets widely expect the central bank to hold its lending rate steady in its decision, expected at 2 p.m. ET. “Without clarity…
U.S. stocks took a breather, opening mostly lower on Thursday after two days of rallies this week that pushed the broad S&P 500 index to an intraday record high on Wednesday. So far, investors have been relieved President Donald Trump has backed away from aggressive, across-the-board tariffs during his first days in office. However, Trump…
Strong corporate earnings and technology shares boosted Wall Street at Wednesday’s open, with the broad S&P 500 index closing in on its record high. Netflix shares soared to a record high after the streaming giant reported a blowout quarter. Oracle, Nvidia and Microsoft and other artificial intelligence-linked stocks surged after the leaders of SoftBank, Oracle and…
Another day, another rally by mega tech stocks. Shares of iPhone maker Apple, Google-parent Alphabet, electric car maker Tesla and AI-chipmaker Broadcom all rallied to new all-time highs, which helped power the tech-heavy Nasdaq to its own record peak. The Nasdaq closed up 1.24%, or 247.17 points, at a record 20,173.89. The broad S&P 500 index ended up 0.38%,…
Friday the 13th didn’t spook investors with U.S. stocks little changed on the day as investors bided time until the Federal Reserve meeting on Wednesday. The broad S&P 500 index dipped 0.16 point, or essentially stayed flat, to close Friday at 6,051.09. For the week, it slipped 0.6% to snap a three-week winning streak. The…
U.S. stocks are extending their lead over global peers and some investors believe that dominance could grow if President-elect Donald Trump can implement his economic platform without becoming mired in a full-blown trade war or ballooning the federal deficit. The S&P 500 .SPX has gained over 24% in 2024, putting it well ahead of benchmarks in Europe, Asia and…