US equity indices closed lower on Wednesday as investors reassessed the sustainability of the AI-driven rally.The S&P 500 fell 0.2%, while the Nasdaq 100 dropped 1.5%, pressured by a sharp selloff in semiconductor stocks.Major chipmakers led the decline as concerns persisted that AI-related investm…
INVESTORS ROTATE INTO BANKS, SOFTWARE AS CHIP STOCKS TAKE A BREATHERThe main U.S. indexes ended modestly red in choppy trading on Wednesday as investors parsed Federal Reserve Chair Kevin Warsh's comments that inflation risks had eased.Warsh also said he will stick firmly to the U.S. central bank's…
By Anvee BhutaniU.S. stocks were modestly lower Wednesday as investors parsed comments from Federal Reserve Chairman Kevin Warsh for clues about the path of interest rates.The Dow Jones Industrial Average fell 13.96 points, or 0.03%, to 52305.24. The S&P 500 slipped 16.13 points, or 0.22%, to 7483…
DJIA Falls 13.96 Points (0.03%)
Nasdaq Composite Falls 173.69 Points (0.66%)
S&P 500 Falls 16.13 Points (0.22%)
By Caroline Valetkevitch and Niket NishantU.S. stocks finished slightly lower on Wednesday with falling technology shares, but gains in Meta Platforms provided some support along with comments from Federal Reserve Chair Kevin Warsh that inflation risks had eased recently.Warsh also said he will sti…
By Rodrigo Campos and Danilo MasoniA gauge of stock markets around the world was little changed to start the quarter on Wednesday as the U.S. central bank head said inflation expectations have fallen but policy won't be loose, while crude oil prices were down as optimism over U.S.-Iran talks eased…
What Happened? Shares of transmission provider Allison Transmission NYSE:ALSNjumped 5% in the afternoon session after positive momentum continued following reports it will be added to the S&P MidCap 400 index.Allison Transmission is scheduled to replace Goodyear Tire & Rubber in the index, effectiv…
By Caroline Valetkevitch and Niket NishantThe S&P 500 was little changed in afternoon trading on Wednesday, but sharply higher shares of Meta Platforms provided some support along with comments from Federal Reserve Chair Kevin Warsh that inflation risks had eased recently.Warsh also said he will st…
US stocks closed mixed-to-higher on Wednesday as investors weighed Federal Reserve Chair Kevin Warsh’s remarks that inflation risks had eased in recent weeks, even as he declined to provide any forward guidance on the interest-rate path and outlined a sweeping review of central bank operations.The…
BRUSSELS (dpa-AFX) - After staying slightly below the flat line till a little past mid-morning, the European market drifted down and eventually ended moderately lower on Wednesday.The benchmark SMI, which dropped to a low of 14,068.50 ended the day at 14,114.00, losing 79.92 points or 0.56%.Galderm…
By Ed Ballard and Jack PitcherMajor indexes are mixed in afternoon trading, with weakness in tech stocks cancelling out big gains in sectors like financials and consumer discretionary.Banks and other stocks that are sensitive to the strength of the economy outperformed after survey data showed fact…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks closed broadly lower on Wednesday with investors mostly staying cautious while watching the developments with regard to U.S.-Iran peace moves and focusing on speeches from prominent central bank officials at the Sintra Forum.Uncertainty about US…
MOBIX LABS, INC. NASDAQ:MOBX:
CINCINNATI--(BUSINESS WIRE)--July 01, 2026--Cintas Corporation NASDAQ:CTAS today announced that it will release fiscal year 2026 fourth quarter and full year results on Wednesday, July 15, 2026. The Company will conduct a conference call to address the financial results. A live webcast of the call…
By Joy WiltermuthInflation is a problem beyond the recent spike in oil prices, says Crossmark CEO DollFederal Reserve Chair Kevin Warsh speaks at a press conference in Washington on June 17.The "high-risk" bull market in stocks needs Federal Reserve Chair Kevin Warsh on its side, according to Bob D…
By Chelsey DulaneySINTRA, Portugal — One question has dominated the annual gathering of the world's top central bankers and economists: Is artificial intelligence a boon or a threat to the global economy?Economists at the European Central Bank's symposium have laid out a number of reasons to be wor…
By Aditi TiwariITG's (ITG.O) shares rose 12.5% in their Nasdaq debut on Wednesday, giving the Oaktree-backed digital infrastructure company a market value of $2.18 billion, as investors continued to back firms tied to the AI boom.The debut adds to signs that investor appetite for companies supporti…
By Joseph AdinolfiCitadel says retail trading activity hit record levels in May and JuneThe retail-investor takeover of the U.S. stock market has reached a fresh milestone over the past couple of months, according to a top strategist at Citadel Securities.May and June shattered the previous monthly…
