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U.S. Stocks Rise as Amazon Earnings Offset Apple Chip Woes
The Wall Street Journal56d agoneutral
U.S. Stocks Rise as Amazon Earnings Offset Apple Chip Woes

U.S. stocks rose despite a rout in Apple shares as Amazon’s earnings kept the artificial-intelligence recovery rolling. The broad S&P 500 gained 52.09 points, or 0.70%, to 7489.72 and the tech-heavy Nasdaq Composite added 251.68 points, or 1%, to 25373.85. The yield on the 30-year bond rose 0.068 percentage point to 5.274%, completing its largest monthly gain since December 2024.

Stocks Rise as Indexes Look to End July on a High Note
Barrons.com56d agoneutral
Stocks Rise as Indexes Look to End July on a High Note

The Nasdaq Composite was up 0.9%, below the 1.1% gain seen at the opening bell. The S&P 500 and the Dow, meanwhile, each rose 0.6%, with the Dow up 309 points. "Stocks are advancing in a rocky trading session that has already featured the major benchmarks swinging between sizeable gains and losses," Interactive Broker's José Torres wrote.

The Why Behind Today's Early Stock Stumble
Barrons.com56d agobearish
The Why Behind Today's Early Stock Stumble

The Dow Jones Industrial Average was up 0.3%, or 182 points, while the S&P 500 rose 0.2%. The tech-heavy Nasdaq Composite gained 0.3%. "Yesterday’s relief rally was justifiable, but it seemed rather extreme by the end of the day and overnight," Interactive Brokers' chief strategist Steve Sosnick told Barron's, adding, "After some of the huge moves it seems prudent to expect some profit taking in stocks and sectors that had monstrous bounces."

The Nasdaq Is on Track for Its Worst July in Over 2 Decades
Barrons.com56d agoneutral
The Nasdaq Is on Track for Its Worst July in Over 2 Decades

It's been a tough month on Wall Street, at least on an index level. The Nasdaq was down 4% since the start of July, on pace for its worst July in more performance since 2004, according to Dow Jones Market Data. Things looked less dire for the S&P 500 and the Dow.