Topic
nasdaq
Wall Street Rebounds on Tech Rally as Microsoft Surges 15% on Strong Earnings, Nasdaq Climbs 1.8%
US stocks rebounded on Thursday, with the Nasdaq Composite climbing 1.8% as Microsoft surged 15.2% on strong quarterly earnings. The S&P 500 rose 0.9%, recovering half of Wednesday's decline, while the Dow gained 250 points. Meta Platforms fell 8.9% on disappointing earnings. Treasury yields eased slightly after Fed Chair Kevin Warsh offered little clarity on rate policy. Economic data showed slower growth and persistent inflation.
US stock market flat as S&P 500 and Dow barely move, Nasdaq slides over 1% on chip rout
Wall Street traded mixed on Tuesday with the S&P 500 flat and Dow Jones gaining 385 points, while the Nasdaq Composite slipped over 1% dragged by a selloff in semiconductor stocks. Micron fell 8.4%, AMD 7.7%, and Nvidia 1.1% on renewed concerns over AI-driven demand sustainability and rising Chinese competition. Broader market sentiment was supported by strong earnings from Coca-Cola, Sherwin-Williams, and Illinois Tool Works.
Wall Street edges higher on quarter-end optimism as Nvidia rebounds; June still set to end lower
US stocks edged higher on the final trading session of June, led by a rebound in AI stocks like Nvidia. However, the S&P 500 and Nasdaq are set for their first monthly declines after two strong months, despite strong quarterly performance. Investors await key employment data amid expectations of further rate hikes.
Wall Street Opens Higher as AI Stocks Rebound; Nasdaq Gains 0.8%
Wall Street opened higher on Monday, led by a rebound in AI stocks. The S&P 500 rose 0.4% and the Nasdaq Composite gained 0.8%. Major movers included Broadcom (+5.7%), TeraWulf (+16.9% on a $19B Anthropic deal), and SpaceX (+2.4% ahead of Nasdaq 100 inclusion). Markets also weighed SK Hynix's planned $28 billion US listing and OPEC+'s production increase.
US stock market mixed: Dow up 0.3%, Nasdaq down 0.8% as AI stocks slide, per TOI report
The TOI Business Desk reported a mixed session on Wall Street: the Dow Jones Industrial Average rose 0.3% while the Nasdaq Composite fell 0.8%, attributed to a decline in AI stocks. The source article did not provide additional market details or context.
Trump Rings NYSE, Nasdaq Opening Bells from Oval Office to Launch Trump Accounts for Children
President Donald Trump rang the opening bells of the New York Stock Exchange and Nasdaq from the Oval Office on Monday to launch Trump Accounts, a new investment programme for children created under the Republicans' 2025 tax and spending law. Treasury Secretary Scott Bessent noted that 38% of American families have no stock market exposure. The S&P 500 has posted strong gains in recent years, but inflation and cost-of-living concerns persist, with only 33% of US adults approving of Trump's handling of the economy.
US Stocks Slide as IT Sell-Off Deepens; Nasdaq Falls Over 1.4%, Dow Jones Loses 197 Points
US stocks fell sharply on Tuesday, with the Nasdaq Composite dropping over 1.4% and the Dow Jones Industrial Average losing 197 points, as a broad sell-off in technology shares deepened. Concerns over heavy AI spending and rising interest rate expectations weighed on equities, with traders pricing in nearly a 90% chance of a rate hike by year-end. Global markets also declined, led by a 10% plunge in South Korea's Kospi.
Finance Einride Begins Trading on Nasdaq After Completing De-SPAC Merger
Einride, the Swedish autonomous freight startup, began trading on Nasdaq on Wednesday under tickers ENRD and ENRDW, completing its de-SPAC process. The company, founded in 2016, reported $92 million in annual recurring revenue and more than $800 million in potential ARR from joint business plans with 30 global customers. Its cabless autonomous vehicles operate without safety drivers in the US and Sweden, targeting cost-competitive electric and autonomous freight.
Tech Stocks Drag US Markets Down Amid Strong Jobs Data
US stock markets fell on June 5, 2026, with the S&P 500 and Nasdaq declining due to a drop in tech stocks. Strong jobs data reduced hopes for Federal Reserve rate cuts.