The overall market pulled back for the second day in a row Thursday after a semiconductor sell-off Wednesday.
The S&P 500 and Nasdaq were negative for the week, while the Dow remained green for the week despite facing the strongest pullback.
The $Dow Jones Industrial Average(.DJI.US$ led the way lower, falling 1.19% by the 4 pm ET closing numbers. The $Nasdaq Composite Index(.IXIC.US$ fell 0.82%, while the $S&P 500 Index(.SPX.US$ eased 0.8...
The S&P 500 and Nasdaq were negative for the week, while the Dow remained green for the week despite facing the strongest pullback.
The $Dow Jones Industrial Average(.DJI.US$ led the way lower, falling 1.19% by the 4 pm ET closing numbers. The $Nasdaq Composite Index(.IXIC.US$ fell 0.82%, while the $S&P 500 Index(.SPX.US$ eased 0.8...
![Wall Street Today | Market Faces Second-Day Pullback](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240717/1721161187004-3fe5f058dd.png/thumb?area=999&is_public=true)
![Wall Street Today | Market Faces Second-Day Pullback](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240719/1721334119593-1f657b068b.png/thumb?area=999&is_public=true)
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The market pulled back Wednesday, as AI and semiconductor stocks pulled back hard while slower-growing stocks on the Dow Jones led the index to a fresh closing and intraday high.
After 4 pm EST, the $S&P 500 Index(.SPX.US$ was down 1.39%, while the $Nasdaq Composite Index(.IXIC.US$ slumped 2.7%. The $Dow Jones Industrial Average(.DJI.US$ fared better, rising 0.59%.
Overall 4400 equities advanced, while 7105 declined...
After 4 pm EST, the $S&P 500 Index(.SPX.US$ was down 1.39%, while the $Nasdaq Composite Index(.IXIC.US$ slumped 2.7%. The $Dow Jones Industrial Average(.DJI.US$ fared better, rising 0.59%.
Overall 4400 equities advanced, while 7105 declined...
![The Table Turns: Five Sessions of Falling AI Semiconductors While Dow Climbs](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240717/1721161187004-3fe5f058dd.png/thumb?area=999&is_public=true)
![The Table Turns: Five Sessions of Falling AI Semiconductors While Dow Climbs](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240718/1721249624784-7ccf4afa62.png/thumb?area=999&is_public=true)
![The Table Turns: Five Sessions of Falling AI Semiconductors While Dow Climbs](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240718/1721249609448-2907263ce3.png/thumb?area=999&is_public=true)
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The Dow Jones Industrial Average and the S&P 500 closed at record highs Tuesday. Both indexes also hit all-time intraday highs just before 3 pm EST.
Shortly after the 4 pm EST close, the $S&P 500 Index(.SPX.US$ climbed 0.64%, the $Dow Jones Industrial Average(.DJI.US$ climbed 1.19%, and the $Nasdaq Composite Index(.IXIC.US$ fell 0.20%.
MACRO
This week will be a light one for macroeconomic news, with many Federal Reserve speakers and Initial Jo...
Shortly after the 4 pm EST close, the $S&P 500 Index(.SPX.US$ climbed 0.64%, the $Dow Jones Industrial Average(.DJI.US$ climbed 1.19%, and the $Nasdaq Composite Index(.IXIC.US$ fell 0.20%.
MACRO
This week will be a light one for macroeconomic news, with many Federal Reserve speakers and Initial Jo...
![Dow Hits Second Record in a Row | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240717/1721161187004-3fe5f058dd.png/thumb?area=999&is_public=true)
![Dow Hits Second Record in a Row | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240717/1721161549497-e05864284f.png/thumb?area=999&is_public=true)
![Dow Hits Second Record in a Row | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240717/1721161852983-39506e3ed4.png/thumb?area=999&is_public=true)
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As a general recap, the market climbed Monday, and the Dow Jones hit a fresh closing high above 40,211 after breaking intraday trading records investors watched for volatility Monday morning after shocking campaign violence over the weekend.
Shortly after the close Monday at 4 pm EST, the $S&P 500 Index(.SPX.US$ climbed 0.28%, the $Dow Jones Industrial Average(.DJI.US$ climbed 0.53%, and the $Nasdaq Composite Index(.IXIC.US$ climbed 0...
Shortly after the close Monday at 4 pm EST, the $S&P 500 Index(.SPX.US$ climbed 0.28%, the $Dow Jones Industrial Average(.DJI.US$ climbed 0.53%, and the $Nasdaq Composite Index(.IXIC.US$ climbed 0...
![First Full Week of Earnings Begins With Shock | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240419/1713463012691-80121a7c06.png/thumb?area=999&is_public=true)
![First Full Week of Earnings Begins With Shock | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240716/1721074719852-13c9d59d18.png/thumb?area=999&is_public=true)
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Stocks closed higher, with new economic data strengthening expectations for a Federal Reserve rate cut in September. The Dow touched a new record above 40,000 since late May.
The $Dow Jones Industrial Average(.DJI.US$ added 247 points, rising 0.62% to top above 40,000 since late May. The $S&P 500 Index(.SPX.US$ rose 0.55% to close at 5615.35, and the $Nasdaq Composite Index(.IXIC.US$ gained 0....
The $Dow Jones Industrial Average(.DJI.US$ added 247 points, rising 0.62% to top above 40,000 since late May. The $S&P 500 Index(.SPX.US$ rose 0.55% to close at 5615.35, and the $Nasdaq Composite Index(.IXIC.US$ gained 0....
![Stocks Close in the Green as Latest Economic Data Boosts Rate Cut Expectations for September | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240419/1713463012691-80121a7c06.png/thumb?area=999&is_public=true)
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The Nasdaq fell from its record high as investors rotated out big tech stocks. Meanwhile, the lowest CPI reading in over three years drove investors into small-cap stocks.
The $Nasdaq Composite Index(.IXIC.US$ pulled back 1.95%, retreating from a record high yesterday. The $S&P 500 Index(.SPX.US$ fell 0.88% to close at 5584.54, while the $Dow Jones Industrial Average(.DJI.US$ was flat, up 0.08%.
MACRO
US in...
The $Nasdaq Composite Index(.IXIC.US$ pulled back 1.95%, retreating from a record high yesterday. The $S&P 500 Index(.SPX.US$ fell 0.88% to close at 5584.54, while the $Dow Jones Industrial Average(.DJI.US$ was flat, up 0.08%.
MACRO
US in...
![Investors Rotate Out Tech Megacaps, Driving Nasdaq Down From Record | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240419/1713463012691-80121a7c06.png/thumb?area=999&is_public=true)
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US stocks advanced for the seventh session on Wednesday, lifting the $S&P 500 Index(.SPX.US$ above 5,600 for the first time ever. The index hit a fresh all-time high and closing high, climbing 1.02% to 5,633.
The $Nasdaq Composite Index(.IXIC.US$ hit an all-time high and closing high as well, climbing 1.18% to 18,647. The $Dow Jones Industrial Average(.DJI.US$ recently was up 0.5% and the Nasdaq Composite index was rising 1.09...
The $Nasdaq Composite Index(.IXIC.US$ hit an all-time high and closing high as well, climbing 1.18% to 18,647. The $Dow Jones Industrial Average(.DJI.US$ recently was up 0.5% and the Nasdaq Composite index was rising 1.09...
![Seven Sessions and Five All-Time Highs in a Row | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240419/1713463012691-80121a7c06.png/thumb?area=999&is_public=true)
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The S&P 500 and Nasdaq reached new record highs on Tuesday after Federal Reserve Chair Jerome Powell warned about the risks of keeping interest rates high for too long.
Powell will continue testimony this week before Congress on Wednesday before the House Financial Services Committee.
The $Nasdaq Composite Index(.IXIC.US$ added 0.14% to close at 18429.29, and the $S&P 500 Index(.SPX.US$ gained 0....
Powell will continue testimony this week before Congress on Wednesday before the House Financial Services Committee.
The $Nasdaq Composite Index(.IXIC.US$ added 0.14% to close at 18429.29, and the $S&P 500 Index(.SPX.US$ gained 0....
![S&P 500, Nasdaq Post New Record Highs Thanks to Fed Powell's Caution on Keeping Rates High | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240419/1713463012691-80121a7c06.png/thumb?area=999&is_public=true)
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The S&P 500 and Nasdaq closed at fresh all-time highs as traders awaited the Fed chair's testimony at Capitol Hill on Tuesday and Wednesday, the start of earnings season, and the June CPI data Thursday.
The $Nasdaq Composite Index(.IXIC.US$ rose 0.28% to close at 18403.74, and the $S&P 500 Index(.SPX.US$ gained 0.10%. The $Dow Jones Industrial Average(.DJI.US$ fell 0.08%, ending at...
The $Nasdaq Composite Index(.IXIC.US$ rose 0.28% to close at 18403.74, and the $S&P 500 Index(.SPX.US$ gained 0.10%. The $Dow Jones Industrial Average(.DJI.US$ fell 0.08%, ending at...
![S&P 500, Nasdaq Close at Fresh All-Time Highs Ahead of Fed Powell's Testimony at Capitol Hill | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240419/1713463012691-80121a7c06.png/thumb?area=999&is_public=true)
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The S&P 500, Nasdaq ended the week at all-time highs, with traders looking past signals of Friday’s jobs report to focus on prospects for Federal Reserve rate cuts.
The $Nasdaq Composite Index(.IXIC.US$ gained 0.90% to cloase at 18,352.76, and the $S&P 500 Index(.SPX.US$ rose 0.5%. The $Dow Jones Industrial Average(.DJI.US$ was up 0.17%, or 67.87 points, ending at 39,375.87.
MACRO
Friday’...
The $Nasdaq Composite Index(.IXIC.US$ gained 0.90% to cloase at 18,352.76, and the $S&P 500 Index(.SPX.US$ rose 0.5%. The $Dow Jones Industrial Average(.DJI.US$ was up 0.17%, or 67.87 points, ending at 39,375.87.
MACRO
Friday’...
![S&P 500, Nasdaq Close at Record Highs After Jobs Report Brings Hopes for Fed Rate Cuts | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240419/1713463012691-80121a7c06.png/thumb?area=999&is_public=true)
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