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Representative image (Picture credit: AP) The Nasdaq Composite ended slightly lower on Friday but posted its sharpest weekly loss since early April, as investors questioned how long the artificial intelligence boom could sustain recent market highs. The index slipped 0.21% to 23,004.54, bringing its total weekly fall to around 3%, while chipmakers and technology shares…
US stock futures edged lower on Friday, setting the stage for a rough weekly finish as worries about economic slowdown and stretched valuations in the technology sector dampened investor sentiment.The three major indexes — the Dow Jones Industrial Average, S&P 500, and Nasdaq, are all on track for steep weekly declines. The Nasdaq, which tumbled…
US stocks hit new peaks (AP) US stocks advanced on Monday, pushing further into record territory ahead of a week filled with major market-moving events—including a Federal Reserve policy decision and a highly anticipated meeting between US President Donald Trump and Chinese leader Xi Jinping.By mid-morning, the S&P 500 was up 0.9%, the Dow Jones…
Wall Street stocks tumbled on Friday after US President Donald Trump threatened “massive” tariffs on China, sparking renewed trade war concerns following months of improving relations between the two countries. All three major US indices finished sharply lower, with the broad-based S&P 500 down 2.7 percent at 6,552.51. The Dow Jones Industrial Average dropped 1.9…
Stock markets in the US displayed minimal movement near their peak levels during the early trading session on Wall Street on Tuesday. The S&P 500 edged up 0.1%, following its recent record high and seven consecutive days of gains. The Dow Jones Industrial Average advanced 90 points, while the Nasdaq composite increased by 0.1%. Overseas…
The S&P 500 and Nasdaq indices reached unprecedented levels when markets opened on Thursday, driven by fresh optimism regarding potential interest rate reductions, whilst investors prepare for minimal economic data releases as the week concludes.At market opening, the Dow Jones Industrial Average gained 20.0 points, representing a 0.04% increase, reaching 46,461.11. The S&P 500 advanced…
Wall Street edged higher on Friday, keeping pace for a potential record-setting week, with the S&P 500 up 0.1% and the Nasdaq rising 0.3%, while the Dow Jones Industrial Average gained 17 points, or less than 0.1%, by 9:35 a.m. Eastern time, AP reported. The gains follow all-time highs hit by the three major indexes…
