Daily Market Blog

U.S. stocks closed higher on Friday after a rocky start to the week, as a rebound in technology shares offset tumbling consumer stocks such as Nike. Megacaps extended gains from Thursday, when chipmaker Micron Technology's  MU.O strong forecasts re-ignited optimism...

Wall Street's main indexes closed higher on Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal Reserve, while chipmaker Micron's blowout forecast signaled strong AI demand. The Consumer Price Index report showed that consumer...

Wall Street's main indexes closed lower on Wednesday, with the S&P 500 and the tech-heavy Nasdaq sinking to three-week lows as nagging worries about the artificial intelligence trade weighed on technology stocks. Oracle ORCL.N dropped after a report said the cloud...

Wall Street's main indexes slipped on Tuesday, impacted by declines in healthcare and energy stocks, but the Nasdaq pared some losses in the afternoon. Investors evaluated delayed economic data to gauge the Federal Reserve's monetary policy outlook for next year. A...

Wall Street closed lower on Monday as investors braced for a slew of economic data later this week while assessing reports on Federal Reserve candidates and commentary from policymakers for clues on the interest rate outlook.  The nonfarm payroll figures for October...

Wall Street's major indexes were lower on Friday as investors left technology for other sectors as Broadcom and Oracle fueled concerns about an AI-fueled bubble and rising U.S. Treasury yields added pressure after some policymakers spoke out against easing monetary...

The S&P 500 and the Dow boasted record closing highs on Thursday as investors favored financial stocks after a Federal Reserve policy update that was less hawkish than expected while the tech-heavy Nasdaq Composite underperformed as Oracle's financial update made...

Wall Street ended higher on Wednesday, after the Federal Reserve cut interest rates by a quarter percentage point as expected and investors bet on further easing down the road even as the central bank signaled that it will put further cuts on pause for now. The...

The S&P 500 ended Tuesday's session slightly lower as investors anticipated that the Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JP Morgan JPM.N curbed gains after the biggest U.S. bank warned of hefty expenses for...

Wall Street's main indexes closed lower on Monday, with most S&P 500 industry sectors in the red, while Treasury yields gained as investors waited nervously for the Federal Reserve monetary policy update due in two days. Hopes for a December rate cut were...