US stocks experienced a mixed day, with the Nasdaq Composite falling over 100 points. While some sectors like real estate showed gains, tech lagged. Key economic indicators, including jobless claims and PCE price index, offered a mixed picture of the US economy.
US stocks are expected to open higher on Monday, fueled by positive investor sentiment following the Dow’s record close on Friday. Optimism surrounds Trump’s Treasury pick, potential tax cuts, and analysts’ bullish predictions despite upcoming economic data releases.
US stock markets experienced a mild downturn on Thursday, with the Dow Jones Industrial Average edging down 0.1%. Energy stocks saw a slight uptick, while real estate shares faced a more significant dip. Cisco Systems delivered positive news, exceeding revenue and earnings expectations for its first quarter and raising its full-year guidance. The tech sector saw mixed results, with several companies experiencing notable gains and losses, including AgEagle Aerial Systems, Elevai Labs, and Gaxos.ai on the positive side, while Nuvectis Pharma, Sow Good, and Vislink Technologies saw declines. The eurozone experienced a positive day, with major indices like the STOXX 600, DAX, and CAC 40 showing gains, while Asian markets closed lower. US economic data showed a decline in initial jobless claims and a modest increase in producer prices.
US stock markets closed higher on Wednesday, with the Nasdaq Composite leading the charge with a 0.3% gain. The Dow Jones Industrial Average also rose by 0.34%, while the S&P 500 gained 0.32%. The Consumer Discretionary sector surged by 1.3% on the day, while Communication Services shares underperformed, falling 0.2%. Notable movers included Microvast Holdings, Inc. (MVST) shares which skyrocketed 392% following strong third-quarter results.
US stock markets climbed higher on Wednesday, with the Dow Jones gaining over 150 points. Strong earnings reports from CyberArk and Microvast fueled gains, while real estate shares surged by 1%. In contrast, communication services shares declined. Meanwhile, European and Asian markets saw mixed performance.
US stock futures are pointing to a negative opening on Wednesday after a record-breaking week, with investors focused on the release of the crucial Consumer Price Index (CPI) data. Despite the recent surge fueled by the GOP sweep and the Fed’s rate cut, profit-taking and investor caution are driving a slight pullback. The CPI report is expected to provide insights into the path of inflation and the Fed’s future policy decisions.
U.S. stocks are set for a positive start to the week, following a strong performance last week fueled by Donald Trump’s reelection. The market is also anticipating key economic data releases, including the Consumer Price Index and retail sales figures, which will provide insights into inflation and consumer spending trends.
US stock markets experienced mixed trading on Friday. The Dow Jones index rose slightly, while the NASDAQ and S&P 500 saw modest declines. Fluor Corporation reported disappointing third-quarter financial results, leading to a drop in its shares. Other notable movers included Northann Corp, Tivic Health Systems, and FOXO Technologies, which all saw significant gains. In commodity news, oil prices fell while gold, silver, and copper prices rose. European markets mostly declined, with the STOXX 600, DAX, and CAC 40 all down. Asian markets also closed mixed, with Japan’s Nikkei 225 gaining while Hong Kong’s Hang Seng Index and China’s Shanghai Composite Index fell.
US stock markets closed higher on Thursday, fueled by gains in the tech sector. The Nasdaq Composite soared over 200 points, while the Dow Jones Industrial Average and S&P 500 also posted modest gains. AppLovin, Emergent BioSolutions, and Dutch Bros led the charge with significant share price increases after reporting strong financial results. However, DENTSPLY SIRONA, Digital Turbine, and CommScope Holding Company experienced declines due to disappointing earnings reports and lowered guidance.
The Nasdaq Composite soared over 200 points on Thursday, driven by a wave of positive earnings reports from companies like HubSpot, AppLovin, and Dutch Bros. Investors were particularly impressed with HubSpot’s strong third-quarter results and bullish outlook for FY24. Several other companies also saw significant gains, highlighting a positive sentiment in the market.
