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The second quarter concluded with investors embracing a familiar narrative: artificial intelligence continues to drive equity markets higher, while easing inflation risks and resilient economic data reinforce confidence in the broader US economy.
US stocks rallied on Monday as easing US-Iran tensions and renewed confidence in AI-linked shares lifted sentiment, with the S&P 500 up 1.2%, Nasdaq 100 up 2.3%, and Dow gaining 307 points to a record high. Gains were led by Alphabet, Tesla, Amazon, Meta, …
US stock indexes ended lower on Friday, with the S&P 500 down 0.05%, Nasdaq 100 falling 1.1%, and Dow slipping 44 points, as chipmakers retreated after Thursday’s Micron-led rally. Losses were partly limited by lower oil prices and easing inflation concerns, though sentiment stayed …
US equities ended mixed on Thursday as semiconductor optimism, led by Micron and Qualcomm, was offset by renewed weakness in mega-cap technology stocks. The S&P 500 was flat, the Nasdaq 100 fell 0.5%, and the Dow gained 0.1%, while stronger economic growth and in-line …
US equities ended mixed on Wednesday as weakness in heavyweight tech and semiconductor stocks pressured the S&P 500 and Nasdaq 100, while the Dow gained 182 points on support from traditional sectors. Micron, Qualcomm, and Sandisk declined amid concerns over excessive AI-related capital spending, …
US stocks closed lower on Tuesday as a sharp selloff in semiconductor and AI infrastructure stocks dragged the S&P 500 and Nasdaq 100 down 1.4% and 3.3%, respectively. Nvidia, Broadcom, AMD, Micron, Qualcomm, and Sandisk posted steep losses amid concerns over slowing AI spending …
US stocks closed mixed on Monday as megacap tech weakness offset optimism over progress in US-Iran peace talks and improving Middle East energy supply prospects. The S&P 500 and Nasdaq declined amid losses in Alphabet, Broadcom, Amazon, Microsoft, Meta, and SpaceX, while Micron gained …
On Thursday, US equities closed higher as tech and semiconductor gains, along with optimism over the US-Iran interim deal, offset hawkish Fed concerns. The S&P 500 rose 1%, Nasdaq 100 gained 1.9%, and Dow added 72 points, led by Intel, Nvidia, Micron, and airline …
US stocks closed lower as the Fed held rates steady but signaled potential rate hikes later this year, pressuring equities and Treasuries. Mega-cap technology stocks led the decline, while chipmakers such as Micron, Marvell and Intel extended gains despite the broader market weakness.
US equities ended mixed on Tuesday as profit-taking in AI and semiconductor stocks weighed on the S&P 500 and Nasdaq, while the Dow hit a new high on optimism over the preliminary US-Iran agreement and easing oil-driven inflation concerns. Nvidia, Broadcom, Micron, AMD, and …
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