This year’s stock market rally has been led by just a few large tech names — but that might not be such a bad thing. Yahoo Finance’s Josh Schafer has the scoop: “We see a small group of tech winners leading stock gains as a feature of the artificial intelligence (AI) theme — not a
US stock futures traded mixed early Monday to start the last week of another successful quarter on Wall Street. Futures tied to the benchmark S&P 500 (^GSPC) were up around 0.1%, while those on the tech-heavy Nasdaq Composite (^IXIC) hovered just below the flatline. Dow Jones Industrial Average (^DJI) futures rose 0.3%. Stocks are hoping
The Nasdaq Composite, which tracks the stock performance of the more than 3,000 stocks listed on the exchange, hit a new all-time high (again) this week. This marks the 19th time this year the benchmark has ascended to new heights (as of this writing) and its longest winning streak since late 2021. There’s likely much
US stocks pulled back on Friday, signaling a retreat from all-time highs as European turmoil rattled nerves and Elon Musk’s pay package win thrust Tesla (TSLA) center stage. The Dow Jones Industrial Average (^DJI) sank about 0.5% to lead the declines, while the S&P 500 (^GSPC) shed 0.4%. The tech-heavy Nasdaq Composite (^IXIC) dropped 0.3%.
The first half of the year has generally been good for the market, with the S & P 500 and the Nasdaq repeatedly reaching record highs. Year-to-date, the S & P 500 is up around 13% and the Nasdaq has risen 14.9%. Will markets continue soaring? Analysts are split as it’s uncertain when the U.S.
US stocks wobbled on Friday, after a jobs report seen as pivotal to expectations for interest-rate cuts showed much stronger hiring growth than expected. The S&P 500 (^GSPC) rose 0.2%, while the Dow Jones Industrial Average (^DJI) gained 0.3%, coming off a lackluster session Thursday for the three major gauges. The tech-heavy Nasdaq Composite (^IXIC)
Lululemon’s stock (LULU) rose about 4% on Thursday after the company boosted its full-year profit outlook and raised its stock repurchase program by $1 billion. The company said late Wednesday it now sees full-year earnings per share in a range of $14.27 to $14.47, up from a prior range of $14 to $14.20. It maintained
US stocks opened lower on Tuesday as investors weighed signs the surprising resilience in the US economy might be starting to show cracks. The S&P 500 (^GSPC) fell 0.3% while the tech-heavy Nasdaq Composite (^IXIC) dropped 0.2% after both indexes closed higher in the prior session during a bumpy day. The Dow Jones Industrial Average
A technical glitch on the New York Stock Exchange (NYSE) early Monday resulted in multiple incorrect stock prices and volatility halts. Yahoo Finance’s Ines Ferré reports:The glitch impacted several stocks, most notably a 99.9% drop in the price of Warren Buffett’s Berkshire Hathaway (BRK-A) A-shares. Berkshire Hathaway (BRK-B) B-shares, which trade at 1/1,500th the price
US stocks were little changed Friday afternoon with Wall Street pausing on the run towards bullish milestones as investors dithered over the odds for rate cuts. The Dow Jones Industrial Average (^DJI) held steady on the heels of touching the key 40,000 level for the first time during Thursday’s trading. The S&P 500 (^GSPC) ticked