The NASDAQ Composite saw a decline of 0.3%, even as technology stocks continued to lead the market to record highs. On Thursday, all three major U.S. indexes reached unprecedented heights, buoyed by ongoing optimism surrounding chipmaking stocks linked to artificial intelligence. However, the overall gains appeared to be diminishing as the government shutdown extended into Read More
The tech-heavy Nasdaq Composite increased by 88.89 points, representing a 0.4% rise, concluding the session at 22,844.05. The S&P 500 increased by 4.15 points, representing a rise of 0.1%, concluding at 6,715.35. Three of the 11 broad sectors of the benchmark index finished the day with gains. The Materials Select Sector SPDR advanced 1.2%, the Read More
The tech-heavy Nasdaq Composite increased by 95.15 points, representing a 0.4% rise, concluding the session at 22,755.16. The S&P 500 increased by 22.74 points, representing a 0.3% rise, concluding the session at 6,711.2. Six of the 11 broad sectors of the benchmark index finished the day with gains. The Health Care Select Sector SPDR advanced Read More
The tech-heavy Nasdaq Composite increased by 68.86 points, representing a 0.3% rise, concluding the session at 22,660.01. The S&P 500 increased by 27.25 points, representing a 0.4% rise, concluding the session at 6,688.46. Seven of the 11 broad sectors of the benchmark index finished the day with gains. The Health Care Select Sector SPDR advanced Read More
The Nasdaq Composite, characterized by its technology focus, increased by 107.09 points, representing a 0.5% rise, concluding at 22,591.15. The S&P 500 increased by 17.51 points, representing a 0.3% rise, concluding the session at 6,661.21. Ten of the 11 broad sectors of the benchmark index finished the day with gains. The Technology Select Sector SPDR Read More
The tech-heavy Nasdaq Composite increased by 99.37 points, representing a 0.4% rise, to finish at 22,484.07. On Friday, market experienced a positive close, buoyed by gains in the utilities and discretionary sectors. The inflation figures published on that day aligned with forecasts, reinforcing the belief that additional rate reductions could occur in 2025. All three Read More
According to analysts, the surge in expenditure on artificial intelligence by large technology firms is indeed influencing the U.S. economy; however, they contend that this effect has been “more muted than often cited.” Prominent companies like Meta, Amazon, and Microsoft have initiated substantial investment strategies focused on AI models and the supporting infrastructure, aiming to Read More
Nasdaq saw a drop of 0.5%, which equates to a loss of 33.25 points, finishing at 6,604.72 points. Stocks in the healthcare, consumer discretionary, materials, and utility sectors showed the least strength. The Health Care Select Sector SPDR experienced a decline of 1.7%. The Consumer Discretionary Select Sector SPDR experienced a decline of 1.4%. The Read More
On Wednesday, the Nasdaq experienced a decline for the second consecutive day as market participants persisted in realizing profits, especially within the technology sector. The Fed Chairman’s comment also negatively impacted investor sentiment. Investors expressed apprehension regarding the significantly inflated valuations of technology giants concentrated on artificial intelligence. All three major stock indexes concluded the Read More
Nasdaq Futures experienced a decline on Tuesday following a volatile trading session. The tech-heavy Nasdaq Composite concluded at 22,573.47, declining by 1% or 215.50 points, influenced by the underwhelming performance of major technology firms. Market participants realized gains following three successive days of record-high closures of major indexes. Moreover, the Fed Chairman’s comment negatively impacted Read More
