Equity Markets: US equities rallied on Thursday with the S&P 500 advancing 0.6% to 6738, approaching within 0.2% of its record high. The Dow Jones gained 0.3% to finish at 46735, while the tech-heavy Nasdaq Composite outperformed with a 0.9% rise to 22942, driven by strength in major AI stocks including Nvidia and Oracle. Energy […]
US equities ended the day firmly in red territory as investors digested mixed signals from the Federal Reserve’s cautious guidance and Big Tech earnings disappointment. The S&P 500 fell 1% (6822) while the Nasdaq declined 1.6% (23581) after strong morning momentum fizzled on Fed Chair Powell’s dovish pivot concerns and megacap tech uncertainties. The broader […]
US equities closed mixed on Friday after recovering from steep early losses, with technology stocks rebounding while defensive sectors lagged. The S&P 500 down 0.05% (6734), the Nasdaq up 0.06%, and the Dow fell 0.41%. Technology reversed Thursday’s sharp declines with Nvidia up 2.4%, Microsoft up 1.4%, Oracle up 1.4%, and Palantir up 1.1%, reflecting […]
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