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Alan Greenspan, the former Federal Reserve chairman behind Wall Street's most famous bubble warning, did not call the dot-com top.
By Chibuike Oguh NEW YORK, June 22 (Reuters) - Global stocks were mostly flat on Monday while oil prices fell, as optimism over progress in U.S.-Iran talks was offset by expectations of higher
Alphabet stock's sharp slide was dragging down the Nasdaq. The tech-heavy index was down 1%. The S&P 500 was down 0.3%. The Dow, which does not include Alphabet, was up 183 points, or 0.4%. Shares of the Google parent tumbled more than 6%.
The S&P 500 index gained about 0.3%, while the Nasdaq Composite edged up by 0.08%.
Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.
Salesforce stock is trying to find a bottom as it tries to end its longest losing streak on record. Salesforce stock has dropped for 13 straight days, a record, and is trying to avoid a 14th consecutive-day decline. The stock has dropped 43% this year amid broad fears that customers could use coding agents to make their own custom versions of Agentforce, Salesforce’s AI agent platform.
The Dow rose 270 points, or 0.6%. The Nasdaq was down 0.1%. The major indexes tumbled on Wednesday in the wake of Kevin Warsh’s first Federal Open Market Committee meeting as chairman of the Federal Reserve, but traders bought the dip on Thursday.
US futures were pointing higher at the start of the week as investors return from the Juneteenth holiday weekend, with technology stocks expected to lead gains despite lingering uncertainty over the Middle East and the prospect of further Federal Reserve tightening. Dow Jones futures were up...
VPG, ASX, SNEX, HOFT and HLIO surge on strong momentum, with sharp price gains and rising earnings estimates signaling potential for continued upside.
This move may be tempting right now, but it could be costly.
With ETF outflows persisting and selling "nearly exhausted," analysts say Bitcoin is range-bound and waiting for a catalyst.
Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was the federal Juneteenth holiday, and all major indices rebounded smartly from the Federal Reserve-induced sell-off on Wednesday. Details of the signed memorandum of ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Laud
Warsh's Fed debut, SpaceX's AI deal and Iran headlines fueled a risk-on rally. These 5 leveraged ETFs soared as much as 94% last week.
Micron earnings and PCE data headline a busy week for investors.
June 22 (Reuters) - U.S. stock index futures started the week on a subdued note, after Friday's public holiday, with investors monitoring developments in U.S.-Iran talks following a tense start.
Iran and the U.S. agreed to the creation of a mechanism to ensure the termination of military operations in Lebanon, The Wall Street Journal reported mediators as saying. This came after Tehran closed the Strait of Hormuz again over the weekend, accusing the U.S. and Israel of breaking cease-fire conditions. Qatar and Pakistan–the two mediators in the peace talks in Switzerland–said a line of communication between Iran and the U.S. had been formed to avoid incidents and enable safe passage for commercial vessels through the waterway, which is a crucial shipping route for oil.
Stocktwits data showed retail sentiment has remained ‘bullish’ on SPY and QQQ.
Warsh made his intentions clear -- and it's not the best news for an expensive stock market.
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