By Nora Redmond"Magnificent Seven" stocks shed 6% on an equal-weight basis last week compared to the other 493 stocks in the S&P 500 climbing 0.7%."Magnificent Seven" stocks are impinging on investors' returns, according to Citigroup - and it's triggered the fourth-worst day for momentum stocks in…
By Karen BrettellThe borrowed money helping to fuel the U.S. stock rally is getting more expensive, and some on Wall Street are starting to wonder how much longer the math will work.Inflows into leveraged exchange-traded products, rising stock options trading volumes and record hedge-fund exposure…
By Caroline Valetkevitch and Karen BrettellThe U.S. economy and the U.S. stock market are starting to go their own ways.An eventful June featuring the launch of the record-busting SpaceX NASDAQ:SPCX IPO and Federal Reserve chief Kevin Warsh's first meeting has been full of contradictions.U.S. econo…
By Rebecca FengThe tech-stock rout seems to be over.The S&P 500 and Nasdaq look set to break a weeklong losing streak, with contracts tied to Nasdaq 100 advancing more than 1%.Oil prices are reacting cautiously to the resumption of peace talks between the U.S. and Iran, which have agreed to halt ho…
By Ankur BanerjeeAsian stocks wobbled on Monday after Iran and the United States agreed to halt renewed hostilities that had cast a shadow over an interim peace deal and supported oil prices, while the dollar stood near a one-year high on rate-hike bets.A return to diplomacy in the Middle East woul…
DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 29, 2026MONDAY, JUNE 29, 2026In-Town PoolTV Corr & Crew: FOXSecondary TV Corr: HearstPhotos: AP, AFP, NYT, Reuters, GettyPrint: Bloomberg GovernmentSecondary Print: ReutersRadio: NPRNew Media: TownhallEDT:9:00 AM In-Town Pool Call Time8:00 AM THE PR…
By Ankur BanerjeeAsian stocks wobbled on Monday after Iran and the United States agreed to halt renewed hostilities that had cast a shadow over an interim peace deal and kept oil prices supported, while the dollar stood tall near a one-year high on rate-hike bets.A return to diplomacy in the Middle…
U.S. stock futures edged higher in the overnight session on Sunday, following reports that the U.S. and Iran have agreed to pause the exchange of strikes that escalated over the weekend and plan to meet Tuesday in Qatar to resume talks.Fresh tensions broke out between the two nations after Tehran a…
Futures on Wall Street have begun trading on a positive note on Sunday evening after a volatile last week, which saw chip stocks being whipsawed, and culminating in the S&P 500 and Nasdaq reporting five straight days of losses.The Dow futures are trading with gains of close to 140 points, while the…
By Lewis KrauskopfJobs data in the coming week will shed light on the U.S. economy's strength, which could raise prospects for near-term interest rate hikes, adding potential volatility to a stock market already on edge from swings in technology shares.Major U.S. equity indexes next week are set to…
By Mark HulbertRecent price run-ups don't mean a bubble is about to burst - unless you're looking at this one sectorAlan Greenspan will perhaps be remembered most for concluding that stock-market bubbles could only be identified after the fact - and not coincidentally, for not doing enough to preve…
By Christine IdzelisThe equal-weighted version of the S&P 500 outperformed its traditional capitalization-weighted sibling this week by the widest margin in six yearsThe S&P 500, with its increasingly outsized exposure to Big Tech stocks, fell this week. A variation on the U.S. benchmark index that…
U.S. stock indices fell on Friday with the S&P 500 and Nasdaq ending the week lower as investors sold off megacap tech stocks and turned towards defensive sectors.The S&P 500 fell 0.1%, the Nasdaq 100 lost 1.1% and the Dow Jones fell 0.1% on Friday. The Russell 2000, which tracks stocks with small…
Wall Street’s main stock indices overcame early tech-led losses on Friday as investors bought the dip, but still finished mildly lower, according to RTHK.Oil prices fell as shipping traffic resumed through the Strait of Hormuz. Brent crude dropped 4.3%, returning to levels seen before the war on Ir…
By Chibuike OguhGlobal equity markets edged lower on Friday, set for a weekly decline as investors kept taking profits on high-flying technology and chip stocks, while crude oil prices slumped as more tankers left the Strait of Hormuz.On Wall Street, all three indexes finished slightly lower in cho…
By Lewis KrauskopfJobs data in the coming week will shed light on the U.S. economy's strength, which could raise prospects for near-term interest rate hikes, adding potential volatility to a stock market already on edge from swings in technology shares.Major U.S. equity indexes next week are set to…
The major U.S. stock indices closed modestly lower on Friday, with technology shares again leading the declines. The NASDAQ was the weakest performer, falling 0.24%, while the Dow Jones Industrial Average slipped 0.09% and the S&P 500 edged lower by 0.05%.The NASDAQ has now declined in each of the…
The Dow Jones Industrial Average and the broader US stock market closed lower on Friday as investors continued rotating out of technology and semiconductor stocks while shifting into more defensive sectors such as healthcare, consumer staples, and utilities.The S&P 500 slipped 0.27% to close at 7,3…
IS IT 4:00 YET? WALL STREET WRAPS UP AN UNIMPRESSIVE WEEKWall Street shuffled across the finish line of what felt like a lethargic session, capping a week in which a tech pullback limited gains and exacerbated losses.The three major U.S. stock indexes showed little conviction in either direction fo…
By Noel Randewich and Joel JoseWall Street ended mixed on Friday, with a steep drop in AI-related chip stocks and sharp gains in Moderna and other healthcare stocks.The PHLX chip index NASDAQ:SOX tumbled, underscoring recent volatility among AI-related chipmakers that have fueled much of Wall Stre…
