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Stocks snapped a nine-day winning streak, driven by a fall in energy and caution as traders awaited an update on trade deals as US ports empty and investors await the Fed decision due later this week.
Stocks closed higher for a ninth-straight day Friday, notching its longest winning streak in more than 20 years as a strong jobs growth as well as on hopes of a lessening of tensions between China and the U.S. over trade.
The positive tone during the US days session from yesterdays Meta and Microsoft earnings results was dampened as Apple and Amazon disappointed the market with tariff uncertainty casting a shadow over the results
After the bell, Microsoft and Meta both beat earnings expectations to rally 6%+, dragging the Nasdaq futures higher
Stocks closed sharply higher for the sixth-straight day, after Trump effectively did a deal with himself to show flexibility on tariffs, underpinned by falling Treasury yields due to falling consumer sentiment ahead of earnings from Microsoft and Meta
Stocks were mixed overnight, as investors digested the latest comments from U.S. Treasury Secretary Scott Bessent around trade deals and looked ahead to earnings reports from megacap companies Apple, Amazon, Microsoft and Meta
Stocks closed sharply higher for the week Friday as Alphabet’s better-than-expected quarterly results stoked fresh optimism on artificial intelligence, extending the recent rally in tech.
Stocks closed higher overnight, but well off session highs, as US Treasury Secretary Scott Bessent cooled some optimism on a quick resolution to the U.S.-China trade standoff.
Stocks clawed back losses from a day earlier after Treasury Secretary Scott Bessent stokes hopes for a possible de-escalation in the U.S.-China trade war and President Trump showed the first signs of contrition in a press conference after the close
The Presidency is looking more like an autocracy at this juncture, spooking investors into fleeing the USD and US stocks with his irrational and directionless leadership not an attraction for investors
Stocks slumped again overnight, pressured by a Nvidia-led slump in tech and remarks from Federal Reserve Chairman Jerome Powell signaling that the Fed isn’t leaning toward cutting rates any time soon.
Stocks closed lower overnight, with health care and consumer stocks dragging down gains amid ongoing tariff uncertainty.
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