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dpa_afx

Swiss Market Settles Modestly Higher

BRUSSELS (dpa-AFX) - After a marginal uptick and a subsequent drop that resulted in a negative spell till about a couple of hours past noon, the Switzerland market recovered and spent the rest of the trading session in positive territory on Monday.The benchmark SMI, which dropped to a low of 14,123…

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Micron and Intel Lead Chip Selloff

Micron NASDAQ:MU and Intel (NASDAQ:INTC) led chip stocks lower Monday even as the broader market moved higher on easing U.S.-Iran tensions.Micron fell 6% after a class-action lawsuit filed in California accused Micron, Samsung and SK Hynix of coordinating to restrict DRAM supply and push prices hig…

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indexStocksUS

Samsung, SK Plan $518 Billion AI Chip Investment

South Korean stocks recovered much of their earlier losses after Samsung Electronics (SSNLF) and SK Hynix (HXSCL) unveiled major investment plans tied to the country's AI push. The Kospi finished down just 0.2%, after falling as much as 3.4%, as investors weighed the impact of massive chip spending…

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dpa_afx

Major European Markets Close Weak

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - The major European markets closed marginally down on Monday as uncertainty about U.S. and Iran entering a lasting truce, and concerns about inflation and possible interest rate hikes by central banks rendered the mood cautious.The focus was also on the Sintra Fo…

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Nasdaq on Course to Break Losing Streak — WSJ

By Rebecca FengStocks are rallying Monday, with investors hitting pause on the rout that hit technology shares last week.The tech-heavy Nasdaq is the strongest among U.S. stock indexes, adding nearly 2% today. Shares in Comcast are up about 6%. News it's splitting its tech and media businesses into…

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Honeywell Aerospace Starts Trading, Completing 3-Way Breakup — Barrons.com

By Al RootHoneywell International completed its breakup, leaving investors with three companies.On Monday, shares of Honeywell Aerospace rose 3.5% to $228.28 in midday trading, while the S&P 500 rose 0.8%. It was the first day shares traded on a "regular way" basis. Shares started trading on a "whe…

Dow Jones Newswires en
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3 Reasons Investors Should Buy in July

First Pullback to 50-day Moving AverageOn Wall Street, even the strongest uptrends and bull markets eventually succumb to gravity and must pullback. Rather than chasing highs like most retail investors do, “smart”, big-money institutional investors often act as liquidity providers during market pul…

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indexStocksUS

Alphabet shares jump after joining Dow Jones Industrial Average

Alphabet (GOOG) shares climbed about 3% on Monday as the Google parent joined the Dow Jones Industrial Average, replacing Verizon Communications,Alphabet gained ground despite a recent pullback that saw the stock lose roughly 10% over the past month. The move came alongside a broader rebound in lar…

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trading-economics

FTSE MIB Closes Slightly Lower

The FTSE MIB fell 0.2% to close at 51,163 on Monday, with losses across most sectors.Buzzi led the decline, dropping 4.8%, followed by Stellantis (-2.8%), Inwit (-2.6%), Nexi (-2.2%), and Amplifon (-1.6%).Insurers also underperformed, with Unipol and Generali falling 1.7% and 1.4%, respectively.Fin…

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trading-economics

DAX Closes Lower

The DAX 40 closed about 0.2% down at 24,626 after a choppy session on Monday, extending previous week's losses, amid Middle East caution.After several days of missile and drone strikes near the Strait of Hormuz, the US and Iran have reportedly agreed to pause attacks, even as disagreements persist…

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trading-economics

European Stocks Edge Higher

European stock indices closed slightly higher on Monday with support from the technology and energy sectors.The Euro STOXX 50 added 0.2% to 6,234 and the STOXX Europe 600 rose 0.1% to 636, remaining close to its record high.Chip producers and companies with exposure to AI software rebounded followi…

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