Market Summary Archives - Page 4 of 11

2 minute read

European Equities Close Higher As Traders Bank On Imminent ECB Rate Cut: What’s Driving Markets Monday?

May 27, 1:55 PM

European equities up, ECB likely to cut rates in June, traders confident. Euro slightly higher. Top performers: RWE, Bayer, VW, Enel, Iberdrola.

ASML

2 minute read

Nvidia, Tech Stocks Propel Nasdaq 100 To Record High; Solar Sector Shines, Meme Stock Bubble Bursts: This Week In The Market

By Piero Cingari

May 24, 4:29 PM

Tech stocks in the Nasdaq 100, as tracked by the Invesco QQQ Trust (NASDAQ:QQQ), soared to record highs during the week, marking their fifth consecutive week of gains — the longest streak since January — driven by Nvidia Corp.‘s (NASDAQ:

AMC

3 minute read

Asset-Light Expansion Into $8B German Market Adds Potential To This Cannabis Stock On NASDAQ

By Nicolas Jose Rodriguez

May 24, 4:13 PM

The potential rescheduling of cannabis in the U.S.

INCR

2 minute read

Nasdaq 100 Eyes Record High Close, Fifth Positive Week As Traders Flock To AI-Linked Stocks: What’s Driving Markets Friday?

By Piero Cingari

May 24, 1:54 PM

Technology stocks surged on Friday, rebounding sharply after Thursday’s decline, as investor confidence in the artificial intelligence-driven rally remained high.

BAH

2 minute read

VIX Spikes, Dow Sinks As Inflation Jitters Slaughter Fed Easing Hopes: Traders Now Price In Only One Rate Cut In 2024

By Piero Cingari

May 23, 3:26 PM

Markets down on tech stock surge, VIX fear index rises. Dow down 1.5%, S&P 500 and Nasdaq 100 down 0.9%. Only chipmakers in green due to Nvidia's earnings report.

DIA

2 minute read

Nvidia’s 10% Leap Propels Tech Indexes To Record Highs; Blue Chips, Small Caps Slip: What’s Driving Markets Thursday?

By Piero Cingari

May 23, 1:21 PM

Strong earnings and revenue guidance from Nvidia sparked a tech stock surge, with Nasdaq 100 and S&P 500 hitting record highs.

ASML

1 minute read

Stock Market Reclaims Record Highs, Nvidia Tops $1,000 As AI-Driven Rally Resumes: Thursday’s Top Movers

By Piero Cingari

May 23, 10:07 AM

Wall Street opens with record highs on Nvidia's strong earnings and guidance, S&P 500 and Nasdaq 100 surge, while technology stocks lead the gains.

AMAT

3 minute read

Fed Minutes Raise Risk Of ‘Higher-For-Longer’ Interest Rates: ‘Bears Would Normally Get Excited, But…’

By Piero Cingari

May 22, 4:05 PM

Fed minutes revealed longer wait for inflation to reach 2%. Market fears prolonged high interest rates. Fed may tighten policy if risks materialize.

DIA

2 minute read

High Interest Rates Here To Stay? Fed Minutes Reveal Disinflation Takes ‘Longer Than Previously Thought’

By Piero Cingari

May 22, 2:22 PM

Fed minutes reveal uncertainty about inflation progress, support for restrictive rates. Market reactions include slight uptick in yields and cautious risk sentiment.

IWM

2 minute read

Stocks Falter, Metals Fall As Traders Turn Cautious Ahead Of Fed Minutes, Nvidia Earnings; First Solar Hits Record Highs: What’s Driving Markets Wednesday?

By Piero Cingari

May 22, 1:02 PM

Wall Street experienced a muted session on Wednesday morning as traders adopted a cautious stance ahead of the Federal Reserve meeting minutes release at 2 p.m. EDT and Nvidia Corp.

ADI