U.S. stocks closed mixed on Monday, as Wall Street’s extended rally took a breather ahead of a pivotal week for earnings reports. The S&P 500 slipped by 0.18%, while the Dow Jones Industrial Average fell over 300 points. The tech-heavy Nasdaq Composite managed a 0.27% gain, supported by Nvidia’s record-breaking performance. S&P 500: 5,853.98 ⬇️…
The exceptional stock market performance of the past ten years could be replaced by a decade of markedly lower returns, according to Goldman Sachs. During the next ten years, the S&P 500 (which reflects the broader market) could yield a nominal annualized return of 3%, analysts at the investment bank predicted in a note from…
China’s mainland shares posted modest gains as a central bank lending rate cut boosted real estate stocks, but investors awaited more details on government stimulus. S&P 500 Futures: 5,903.50 ⬇️ down 0.04% S&P 500: 5,864.67 ⬆️ up 0.40% Nasdaq Composite: 18,489.55 ⬆️ up 0.63% Dow Jones Industrial Average: 43,275.91 ⬆️ up 0.09% FTSE 100: 8,386.32…
Wall Street hovered around its records, but closed virtually unmoved from Tuesday. Meanwhile, China’s shares fell on an underwhelming housing stimulus briefing, and Japan’s shares took a hit on weak export data. But Taiwan chip giant TSMC is still soaring, and Nvidia and others continued big gains. S&P 500 Futures: 5,887.25 ⬆️ up 0.0042% S&P…
China’s shares suffered from an underwhelming housing stimulus briefing, and weak export data hit Japan’s shares. But Taiwan chip giant TSMC is soaring. S&P 500 Futures: 5,909.50 ⬆️ up 0.38% S&P 500: 5,842.47 ⬆️ up 0.47% Nasdaq Composite: 18,367.08 ⬆️ up 0.28% Dow Jones Industrial Average: 43,077.70 ⬆️ up 0.79% STOXX Europe 600: 522.32 ⬆️…
A look at the day ahead in European and global markets from Ankur Banerjee European chip and luxury stocks will be at the forefront of investors’ minds on Wednesday, and for all the wrong reasons, after lacklustre earnings from the region’s biggest tech firm ASML and luxury bellwether LVMH dragged shares lower. Chip stocks around…
Wall Street retreated from its records on Tuesday as Nvidia and other chip stocks saw major drops and oil prices slid. S&P 500 Futures: 5,815.26 ⬇️ down 0.76% S&P 500: 5,815.26 ⬇️ down 0.76% Nasdaq Composite: 18,315.59 ⬇️ down 1.01% Dow Jones Industrial Average: 42,740.42 ⬇️ down 0.75% STOXX Europe 600: 520.57 ⬇️ down 0.80%…
China shares fell as investors digested much weaker-than-expected export data released late Monday. Japan’s market jumped as its semiconductor firms followed Nvidia upward. S&P 500 Futures: 5,866.25 ⬆️ up 0.11% S&P 500: 5,859.85 ⬆️ up 0.77% Nasdaq Composite: 18,502.69 ⬆️ up 0.87% Dow Jones Industrial Average: 43,065.22 ⬆️ up 0.47% STOXX Europe 600: 525.74 ⬆️…
US stocks rose on Monday with two major indexes clinching record closes as Nvidia (NVDA) led a risk-on rally in the market that permeated through most sectors and even into cryptocurrencies. The S&P 500 (^GSPC) moved up nearly 0.8% to close at a fresh record after ending above 5,800 for the first time on Friday….
US stocks rose on Monday to head for fresh record highs as Nvidia shares climbed and investors prepared for more big bank earnings to test that rally and the chances of an economic “soft landing.” The S&P 500 (^GSPC) moved up 0.7% to head for a fresh record after ending above 5,800 for the first…