S&P 500

Wall St set for higher open as chip stocks bounce back after selloff

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[ WALL Street’s main indexes eyed a higher open on Thursday as chip stocks rebounded, while investors awaited commentary from Federal Reserve officials to ascertain the outlook for interest-rate cuts. Micron Technology rose 1.6% after a report that the memory-chip maker is set to get more than $6 billion in grants from the U.S. Commerce … Read more

Wall St set for higher open after Friday’s sell-off amid Mideast jitters

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[ WALL Street’s main stock indexes eyed a higher open on Monday after a bruising sell-off in the previous session on the back of disappointing earnings from some big U.S. banks, while escalating tensions in the Middle East made investors wary. All three major indexes fell more than 1% on Friday, registering weekly losses. President … Read more

Wall St set for lower open as some big bank earnings disappoint

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[ WALL Street’s main stock indexes were on track for a lower open on Friday as most megacap growth stocks and chipmakers receded, while some big banks dipped after dour quarterly results. JPMorgan Chase & Co fell 2.8% in premarket trading after the bank’s forecast for its income from interest payments came in below analysts’ … Read more

US stocks pull back as tech giants hit by EU probe

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[ Wall Street encountered a slight retreat on Monday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq all experiencing downturns after witnessing substantial weekly gains previously. The Dow Jones dropped by 162.13 points or 0.41%, settling at 39,313.77. Meanwhile, the S&P 500 and Nasdaq saw declines of 0.31% and 0.27%, ending at 5,218.21 … Read more

Nasdaq, S&P 500 set to slip at open after hitting record highs

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[ THE S&P 500 and the Nasdaq were set to open lower on Friday after strong gains in the previous session, as investors cheered the Federal Reserve sticking to its rate-easing stance and awaited commentary from Chair Jerome Powell later in the day. All three main U.S. indexes hit fresh record closing highs on Thursday … Read more

S&P 500 Hits Record High as Chipmakers Surge: Tech Triumph | International Business News

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[ The S&P 500 soared to a record high close for the first time in two years on Friday, marking the start of a bull market since October 2022. The climb was led by a robust rally in chipmakers and tech giants, reflecting investor optimism around artificial intelligence and robust corporate earnings.Chipmakers lead the charge: … Read more