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AI and Chip Stocks Race Ahead
The Wall Street Journal3d agoneutral
AI and Chip Stocks Race Ahead

A rally in tech stocks led stocks to a strong start to the week. The Nasdaq Composite index gained 2.3%, its best session since early August. Investors will be looking to see whether President Trump meets with Iranian President Masoud Pezeshkian at the U.N. gathering beginning this week.

Stocks Pop in Early Trading as Oil Prices Slide on Reignited Iran Peace Hopes
Barrons.com3d agoneutral
Stocks Pop in Early Trading as Oil Prices Slide on Reignited Iran Peace Hopes

Stocks kicked off Monday's trading session in the green as investors optimistically looked to this week's United Nation General Assembly as an opportunity for an Iran resolution. The Nasdaq Composite popped 1%. "Stocks are coming off a second week of navigating multiple obstacles—high oil prices and yields, a rate hike, renewed concerns about AI risks—without suffering too much damage," Chris Larkin at E*TRADE from Morgan Stanley said.

Global stocks mixed as yen falls despite Bank of Japan rate hike
AFP6d agobearish
Global stocks mixed as yen falls despite Bank of Japan rate hike

Global stocks were mixed Friday at the end of a week dominated by central bank moves to tame inflation as the yen retreated against the dollar despite a Bank of Japan interest rate hike.The Bank of Japan raised interest rates to a three-decade high, but the yen sank against the dollar on fears the pace of hikes might be slower than expected.

Stock Futures Rise as Post-Fed Tech Rally Rages On
Barrons.com6d agobullish
Stock Futures Rise as Post-Fed Tech Rally Rages On

Stocks were on course to extend their recent rally on Friday as investors carried on loading up on tech names in particular in the aftermath of the Federal Reserve’s interest-rate hike. Nasdaq 100 futures rose 0.6%. Dow Jones Industrial Average futures climbed 97 points, or 0.2%.