Weaker economic data rattled investors overnight as jobless claims rose and US manufacturing data notched its 16th straight contraction, the longest streak in a quarter of a century
Stocks notched one of their biggest gains since February overnight, as the Federal Reserve kept rates unchanged, though signaled that it that potential cut in September was on the table.
Stocks headed lower led by tech amid cautious trading as the Fed kicked off its two-day meeting and investors awaited further earnings from big tech.
Equities closed slightly higher as investors kept their powder dry ahead of tech earnings and the Federal Reserve meeting due this week
Equities closed the week higher as investors flocked back to tech megacaps that had triggered broad sell-offs earlier in the week, and inflation data boosted optimism that the Federal Reserve will soon commence cutting interest rates.
Equities attempted a rebound early in the session but failed to hold those gains as Google led the Mag7 lower
Equities attempted a rebound early in the session but failed to hold those gains as Google led the Mag7 lower
Equities suffered their biggest one day loss since 2022 as tech stocks nosedived following underwhelming second-quarter earnings from heavyweights Alphabet and Tesla.
Stocks ended slightly lower overnight amid cautious trading ahead of quarterly earnings from big tech names Tesla and Google.
Stocks were higher overnight in an Nvidia-led rebound in tech stocks following recent weakness as investors ignored America’s political disarray and looked ahead to megacap tech quarterly earnings this week
Equities slumped to their worst weekly loss since April as the broad rotation out of high-flying tech stocks rattled markets.
Equities ended lower overnight, pressured by wild swings as the early-day rebound in tech faded amid an ongoing rotation out of high-flying megacap tech stocks ahead of earnings from Netflix
