Daily Market Blog

The S&P 500 and Nasdaq ended sharply higher on Monday, lifted by gains in Advanced Micro Devices and other AI heavyweights, while Treasury yields retreated from recent highs and crude prices tumbled to an 11-day low on speculation about a potential breakthrough in...

Wall Street closed a tumultuous week on a muted note on Friday as benchmark US Treasury yields topped 5%, and crude prices reversed earlier gains but remained above $100 per barrel, keeping inflation worries front and center. Investors approached the end of a week...

Wall Street fluctuated higher on Wednesday after the U.S. Federal Reserve raised its key interest rate for the first time in over three years to fight stubbornly high inflation stemming from spiking crude oil prices during the U.S.-Israeli war on Iran. In its...

Wall Street whipsawed on Wednesday after the U.S. Federal Reserve raised its key interest rate for the first time in over three years to fight stubbornly high inflation stemming from soaring crude oil prices during the U.S.-Israeli war on Iran. In its accompanying...

AI-linked stocks plunged worldwide after the leaders of Anthropic, OpenAI and xAI warned of risks from rapid development, the starkest threat yet to the billions of dollars being poured into the industry that have driven markets to record highs. Shares of Nvidia...

Wall Street ended down on Monday, weighed down by losses in Nvidia and other chipmakers after top executives in U.S. artificial intelligence companies raised safety concerns and called for a slowdown in the development of AI. Investors were also jittery after the...

The main U.S. stock indexes rose on Friday as a pullback in oil prices offered relief, setting stocks on course to end a rough week on a positive note though data showed consumer price inflation accelerated in August. Dell DELL.N DELL.N jumped over 11% to hit a record...

 U.S. stocks ended down on Thursday after producer price data for August and surging oil prices stoked worries the Federal Reserve will hike interest rates next week, while climbing Treasury yields made stocks less attractive. Heavyweight chipmakers lost ground, with...

U.S. stocks closed lower on Wednesday as oil prices soared above $100 a barrel, while Apple dipped and Treasury yields rose ahead of crucial inflation data expected later in the week. Worries about the global oil supply and a flare-up in Middle East tensions pushed...

The S&P 500 ended lower on Tuesday, with Salesforce and other software makers losing ground, while hostilities in the Middle East lifted oil prices and investors awaited inflation data that could affect the chance of an interest rate...