Here’s something you don’t hear often on Wall Street: Tech had a bad day. Declines in Nvidia , Meta Platforms and Amazon , among others, sent the S & P 500 lower on Tuesday. The Nasdaq Composite suffered a worse fate, sliding 1.5%, its worst day since Aug. 1. The pullback comes as the major…
In recent years, the technology sector, especially its biggest names like Apple, had developed the reputation of being the safest choice in a volatile stock market. Tech stocks are now back, even after the big hit many took in 2025’s first half. At the first half’s closing low on April 8, the S&P 500 was…
Next week’s inflation data could derail a market that appears to be priced for perfection, ahead of the Federal Reserve’s meeting later this month. The November consumer price index set to release Wednesday is expected to show an increase of 0.2% and 2.6% month on month and year over year, respectively, according to FactSet. If…
Traders work on the floor of the New York Stock Exchange during morning trading on November 26, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were relatively unchanged on Wednesday night following a record day for stocks. Futures tied to the Dow Jones Industrial Average fell 16 points, or…
Yuichiro Chino | Moment | Getty Images Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players. The Technology Select Sector SPDR Fund (XLK) advanced 1.5%, rallying for its fourth straight day since mid-October and knocking out its previous high touched…