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U.S. West Texas Intermediate crude futures were headed for their biggest single-day decline in more than six weeks.
Investors are kicking off a new trading month on an upbeat note. But that hasn’t stopped one of July’s most painful trends from carrying into August. Chip stocks and other companies tied to the AI trade are some of the biggest decliners today, with Micron Technology, Sandisk, Intel and Western Digital all down about 3% or more.
Stocks got a boost after President Donald Trump said he would call off an attack on Iran to restart negotiations. Iran's foreign ministry denied talks were happening. Oil prices fell on Trump's comments, with Brent futures around $83 per barrel and WTI futures below $80 per barrel.
Stock Market Today: The Dow Jones index rallied 600 points Monday after Trump called off new U.S. strikes on Iran. Oil prices plunged.
U.S. stock markets closed higher on Friday to end a volatile week and month.
Credo Technology leads Zacks' latest market-beating highlights as strong stock gains and portfolio performance stand out despite a mixed U.S. economy.
Wall Street is set for a mostly higher start to August, although Nasdaq futures are flat as investors continue to assess whether Friday's technology rebound has further to run. Dow Jones futures were up 547 points, or 1%, while the S&P 500 is expected to gain 0.5%. Last week and month...
Wall Street analysts are reshuffling their bets heading into August, and some of the calls on Monday target names that range from a crypto giant to a coffee behemoth to a semiconductor darling. Find out which stocks just got slapped with new downgrades and which ones earned fresh upgrades.
Stocks rose to begin the week as oil prices eased and investors geared up for Palantir earnings.
Stocks rose to begin the week as oil prices eased and investors geared up for Palantir earnings.
SkyWater will continue serving aerospace, defence, and commercial markets while adding IonQ’s quantum technologies.
Stocks looked set to extend a recent rally on Monday after President Donald Trump said he would call off an attack on Iran and restart talks to end the war in the Middle East, which sparked a drop in oil prices. Nasdaq 100 futures added 0.5%. The three major indexes all racked up gains on Friday, but July was still a rough month for the Nasdaq.
A Fed divided against itself cannot stand.
Corrections are a normal part of investing in stocks. But the market is still very likely to thrive over time.
All indexes closed last week in the green amid strong earnings from multiple technology companies, offsetting higher capital expenditure concerns.
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By Ankur Banerjee SINGAPORE, Aug 3 (Reuters) - Oil prices skidded and stocks wobbled on Monday as hopes of peace in the Middle East grew, while the yen jumped suddenly after the U.S. and Japan
South Korea’s Kospi index, which has been a bellwether for global stocks lately, soared 18% on Friday, marking its biggest single-day jump on record.
Teva reported its Q2 results this week, but the stock's big gains mostly stemmed from another catalyst.
Bond traders aren't counting on Warsh and the Federal Open Market Committee (FOMC) to sit on their proverbial hands for much longer.
The chip wipeout reached a climax this week. One of the AI boom's most prescient young investors was caught at the center of it.