Investing.com-- U.S. stock index futures were flat in evening deals on Tuesday as investors hunkered down ahead of key consumer inflation data that is likely to factor into the outlook for interest rate cuts. A softer-than-expected producer inflation reading sparked a rally on Wall Street, helping U.S. benchmarks reach levels seen before a severe rout last week. The prospect of softer inflation attracting deeper rate cuts was a major driver of stock gains. Focus was squarely on consumer price index inflation data, due on Wednesday. ...
Investing.com-- The S&P 500 closed sharply lower Wednesday, suffering its biggest one day lost since 2022 as tech stocks nosedived following underwhelming second-quarter earnings from heavyweights Alphabet and Tesla. At 16:00 ET (20:00 GMT), the S&P 500 dropped 2.2%, its worst day since Dec. 15, 2022. The NASDAQ Composite fell 3.6%, the Dow Jones Industrial Average fell 504 points, or 1.3%. Tesla (NASDAQ:TSLA) stock tumbled 12% after its second-quart8r earnings missed estimates amid falling vehicle sales. ...
Investing.com-- The Dow closed at record highs Monday, as cyclical stocks including financials were back in favor amid a rotation out from tech ahead of a widely expected Federal Reserve cut next month. At 16:00 ET (21:00 GMT), the Dow Jones Industrial Average rose 0.16%, or 65 points, to a record of 41,240.52. The NASDAQ Composite closed 0.8% lower, the S&P 500 was down 0.3%. Tech started the week on the backfoot as investors rotated out of growth sectors of the market, with Nvidia down 1% ahead of its quarterly results due this week. ...
Investing.com-- The Dow and S&P 500 closed at new record highs... Take-Two, Home Depot in deal making acton Take-Two Interactive Software (NASDAQ:TTWO) stock rose 1% after the video games...
Investing.com-- The S&P 500 snapped its eight-day wining streak, pressured by a fall energy stocks and cautious trading ahead of this week's Jackson Hole Symposium that will likely offer clues on monetary policy. At 16:00 ET (21:00 GMT), Dow Jones Industrial Average fell 61 points, or 0.2%, while the S&P 500 fell 0.2% and NASDAQ Composite slipped 0.4%. Energy stocks fell after oil prices gave up gains despite fresh uncertainty on a ceasefire deal in Gaza after Hamas said the current agreement was amended from the one on July. 2 that deemed was ...
Investing.com-- The S&P 500 closed higher Tuesday as dip buyers piled into beaten down tech stocks following a rout a day earlier, though gains were limited amid lingers concerns about an economic slowdown. At 16:00 ET (20:00 GMT), the Dow Jones Industrial Average rose 293 points, or 0.8%, the S&P 500 index climbed 1%, and the NASDAQ Composite gained 1%, though the latter two indexes up more than 2% on the day. Tech stocks were led higher by a rebound in NVIDIA Corporation (NASDAQ:NVDA) as bargain seeking investors bought the dip from a day ear ...
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Investing.com -- The S&P 500 jumped Monday as an Nvidia-led rebound in tech stocks following recent weakness as investors looked ahead to megacap tech quarterly earnings this week. At 15:30 ET (19:30 GMT), the Dow Jones Industrial Average rose 150 points, or 0.4%, the S&P 500 gained 1.1% and the NASDAQ Composite climbed 1.6%. NVIDIA Corporation (NASDAQ:NVDA) gained 4% as Reuters reported that the chipmaker is is developing a B20 version of its Blackwell GPU specifically for the Chinese market that would be in compliance with U.S. export control ...
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