Wall Street’s main indexes ended sharply lower on Wednesday, with the tech-heavy Nasdaq confirming it was in a correction, now down…
Tag: stock market
Fed’s signal of rising rates hits tech stocks, especially Apple
Apple shares gave back some gains made in recent weeks as the Fed signaled that interest rates will rise spurring selling of tech stocks …
Concern over Apple’s iPhone demand likely overblown
Bloomberg News suggested on Thursday that “demand for the iPhone 13 lineup has weakened.” This “iPhone slowdown” story is pretty much…
Stock market sell-off worsens; Apple slides on report of weakening iPhone demand
Dow Jones futures declined more than 200 points in pre-market trading on Thursday. Apple stock slid on reportedly weak iPhone demand …
Stocks tumble on weak U.S. consumer confidence
U.S. consumer confidence this month unexpectedly fell to its lowest since February, intensifying concerns about the economy’s prospects…
Dow Jones slides as Apple sells off
The Dow Jones Industrial Average fell 200 points Friday, as Apple stock sold off below a key level in today’s stock market …
Historical precedents that show Apple and other tech stocks will go higher
After a strong year for Apple shares and for technology in general – the Nasdaq Composite was up +43.6% in 2020 — it’s normal to see…
Key U.S. inflation gauge rises 3.1% year over year, higher than expected
The core personal consumption expenditures price index increased 3.1% in April year-over-year. The Fed considers it the best inflation gauge…
Tech leads stock market higher as U.S. yields cool
As investors attempt to gauge the path of inflation, U.S. stocks climbed on Monday, with both the NASDAQ and S&P 500 rallying more than…
Futures fall as tech stocks lag ahead amid inflation worries
On Wednesday, U.S. stock index futures fell for the third straight session, led by losses in rate-sensitive tech stocks on fears that…
What’s wrong with the Nasdaq?
It’s a bit confusing to look at the stock market on Monday as many of the most popular benchmarks are up sharply, yet the Nasdaq Composite…
Political worries rattle the stock market
Political worries about Georgia’s Senate runoff election Tuesday helped fuel a sharp New Year’s stock market selloff on Monday. Analysts…
Apple, 2020’s best-performing Big Tech stock, surges to new record
Apple stock rallied to a new all-time intraday record high on Tuesday, continuing a year-end surge that’s cemented the company’s lead…
Apple shares rise on optimism from President Trump’s signing of COVID relief package
Apple shares rose in premarket trading as the stock looks set to post a new all-time intraday record. Apple has gained 86% this year…
Boosted by Apple, stimulus hopes, Nasdaq closes at record high
Wall Street rallied on Tuesday, with the Nasdaq closing at a record high, boosted by Apple and aided by optimism about potential stimulus …
Strategists: Stock market rise from COVID-19 lows has further to go
According to strategists, the stock market is poised to rise through the end of 2021 as the widespread release of COVID-19 vaccines…
U.S. stock futures surge as ‘blue wave’ risks fade
U.S. stock futures jumped on Thursday as investors saw the threat of a blue wave recede, betting that a Republican-held Senate would block…
Strategist: ‘We think we’re in the early stages of a bull market’
“We think we’re in the early stages of a bull market.” Increased volatility ahead of today’s U.S. Election and last week’s market selloff…
Stocks build atop Monday’s rally; Dow up more than 400 points on Election Day
Stocks jumped on Tuesday, Election Day in the U.S.A., as investors hoped for clarity from the U.S. presidential election…
Stock futures surge with focus on U.S. presidential election
U.S. stock index futures bounced on Monday as investors geared up for an event-packed week starting with the U.S. presidential election …
U.S. weekly jobless claims fall to better-than-expected 751,000; lowest level since March
Initial weekly U.S. jobless claims fell to 751,000 for the week ending October 24th, down 40,000 from the previous week. It was the lowest…
Apple shares surge Monday, outperform market
Apple shares rose 6.35% to close at $124.40 on Monday, for what proved to be an all-around favorable trading session for the stock market…
Dow Jones surges 450 points on Trump stimulus statements; Apple snaps back
The Dow Jones Industrial Average jumped more than 450 points on President Trump’s latest coronavirus stimulus tweets. Dow Jones…
Stock futures rebound after President Trump pushes for new $1,200 stimulus checks for Americans
U.S. stock futures rebounded Wednesday from Tuesday’s slide after President Donald Trump tweeted support for stimulus measures…
Wall Street closes sharply lower on President Trump’s positive COVID-19 test
As news that U.S. President Donald Trump tested positive for COVID-19 put investors in a risk-off mood and added to mounting uncertainties…
Dow futures plunge after President Trump tests positive for COVID-19
Stock futures plunged in early trading on Friday after President Donald Trump and First Lady Melania Trump tested positive for COVID-19 …
More good news is coming for Apple stock
October is unfairly known for jinxes and crashes for the S&P 500, but stock prices of Apple and Microsoft show much of the fear…
Apple shares outperform market on strong trading day
Shares of Apple rose 3.03% to $110.08 in Monday trading, on what proved to be an all-around poor trading session for the stock market…
Apple, stocks fall despite better-than-expected U.S. weekly jobless claims
Stock futures continued lower early Thursday as profiut-taking continued, despite a better-than-forecast weekly jobless claims report…
Global stocks rise as China sees retail sales, industrial output growth
Global stocks rose on Tuesday, with the retail sector in the spotlight after China reported its first retail sales and, industrial output …
Investors should brace themselves for the U.S. election
The stock market took a turn for the turbulent in the last week or so, perhaps from the effect of the unwinding of bullish options bets…
Apple, techs lead stock sell-off; dollar edges up
Apple and other techs lead a stock sell-off today. While the dollar continued its bounce from more than two-year lows, a gauge…
Tech leads Wall Street sell-off, some investors eye long recovery
Investors dumped the high-flying technology sector, while concerns about a long and difficult recovery in some quarters were highlighted…
Dow plunges 800 points amid better than expected U.S. jobless claims; Apple drops
The Dow Jones Industrial Average plunged more than 800 points early Thursday amid declining jobless claims. Tech giant Apple slid 5%…
Nasdaq hits another high, led by Apple
The Nasdaq composite outperformed again in early trading Tuesday, cheered by yet another strong showing for Apple stock…
Powered by Apple, the S&P 500 posts biggest August gain since 1986
Not since the Reagan administration has the S&P 500 done this: For the month of August, the S&P showed a gain of 7.01%, its biggest advance…
Tech stocks power S&P 500’s rally; on track for best August in 34 years
The S&P 500, which rallied for the seventh straight session on Friday, is on track for its best August in 34 years, partly powered by…
Stocks soar to record highs as President Trump hails ‘major breakthrough’ in COVID-19 fight
U.S. stocks rallied to record highs after a report said a COVID-19 vaccine could come before the November 3rd election and President Trump …
Mighty Apple powers jump in Dow
Shares of Apple and, to a lesser extent, JPMorgan Chase, are seeing positive growth Friday morning, propelling the Dow…
Despite COVID-19 pandemic, U.S. stock market just hit a new high
The U.S. economy remains battered by the coronavirus outbreak and Congress is deadlocked on another stimulus bill – yet the U.S. stock market…
S&P 500 hits record high completing recovery from COVID-19 crash
The S&P 500 index today hit an all-time high, completing its recovery from the stock market crash caused by the onset of the COVID-19 panic…
Wall Street edges up as weekly U.S. jobless claims drop; Apple eyes $2 trillion market cap
Wall Street was set to open a touch higher on Thursday, with the S&P 500 close to a record high, after data showed weekly U.S. jobless claims
