Dow, S&P 500, Nasdaq hit 3rd record in a row as Nvidia soars on OpenAI deal
US stocks edged higher on Monday as Wall Street kept up a record-setting streak on the back of Big Tech...
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Dow, S&P 500, Nasdaq slide to solid month on sour note as Trump’s tariff deadline, jobs report loom
Stocks closed Thursday's session down but capped a month of gains as the clock ticked down to President Trump's tariff...
S&P 500 ekes out new record amid wave of earnings, trade updates
Wall Street analysts lifted their price targets on Amazon stock ahead of the Facebook and Instagram parent's quarterly earnings report...
Dow, S&P 500, Nasdaq futures trade flat as Wall Street braces for Big Tech earnings
US stock futures traded flat as investors prepared for earnings season to pick up steam, with Big Tech earnings ahead....
Dow, S&P 500, Nasdaq futures fall on bleak GDP, jobs data with Big Tech earnings on deck
An update on gross domestic product (GDP) showed a sharp drop in growth with the US economy contracting at an annual rate of 0.3% in the first quarter, according to an advanced estimate released by the US Bureau of Economic Analysis on Wednesday. It was the first negative reading in three years. Economists had expected a drop to 0.1% growth. In the fourth quarter of 2024, real GDP increased 2.4%. The decrease primarily reflected an increase in imports as Trump's tariff push rattled confidence and businesses rushed to stockpile. Along...
Dow, S&P 500, Nasdaq futures waver with Big Tech earnings on deck
US stock futures hovered around baseline as Wall Street braced for a busy day of Big Tech earnings and digested President Trump's latest move on tariffs. Futures attached to the Dow Jones Industrial Average (YM=F) traded flat. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.2%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.4%. Stocks gained ground on Tuesday as investors found new reason to believe that Trump's upbeat stance on tariff negotiations will result in the new duties ultimately being dialed down. Read more: The latest...
Dow, S&P 500, Nasdaq futures slip with Big Tech earnings on deck
US stock futures hovered around baseline as Wall Street braced for a busy day of Big Tech earnings and digested President Trump's latest move on tariffs. Futures attached to the Dow Jones Industrial Average (YM=F) slipped 0.1%. Futures attached to the benchmark S&P 500 (ES=F) dipped 0.3%. Futures attached to the tech-heavy Nasdaq Composite (NQ=F) fell 0.4%. Stocks gained ground on Tuesday as investors found new reason to believe that Trump's upbeat stance on tariff negotiations will result in the new duties ultimately being dialed down. Read more: The latest...
Macron calls on EU companies to freeze investments in US – POLITICO
Macron's comments are seen as an attempt to dissuade French tycoons from cozying up to Trump, potentially to try to cut private deals, outside regular EU trade policy. Earlier this month Trump announced that French shipping giant CMA CGM intended to invest €20 billion in the U.S. In January, meanwhile, Bernard Arnault, the head of luxury goods giant LVMH, said he was considering increasing investment in the U.S. and lauded Trump's economic policy. On Wednesday the Trump administration slapped the EU with 20 percent tariffs on all exports to the...
Tech rally leads Nasdaq, S&P 500 higher as Tesla, Nvidia surge after cool CPI print
The latest Consumer Price Index (CPI) showed that housing cost pressures eased in February to the slowest pace in over three years. Shelter costs rose 4.2% from a year earlier in February, slower than the 4.4% increase seen in January, and the smallest 12-month increase since December 2021. On a monthly basis, housing costs ticked up 0.3% in Februarydown from January’s 0.4% monthly increase. "Shelter inflation remains in a disinflationary trajectory, which will be a welcome development for those hoping for further progress on inflation," Jeff Schulze, head of economic...