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The Latest Breaking News from Carol Schleif

US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlook

Indian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spending concerns, the Dow edged higher. Investors reacted to fresh economic data showing rising inflation and a robust GDP growth. Despite strong earnings from chipmakers like Micron, worries about the Federal…

The Economic Times

US stocks today: Dow soars 600 pts, Nasdaq 1.5% as chip stocks rally eyeing Nvidia results, Iran peace deal hopes

Wall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gained as oil dropped. Fed minutes signaled possible rate hike debate. Nasdaq S&P Dow Jones rose strongly as AI optimism offset inflation and geopolitical concerns sentiment rises

The Economic Times

Stocks Recover as Oil Retreats From $119: Stock Market Today

How high the price of crude oil rises and how long it stays there are critical questions for market participants and policymakers alike.

Kiplinger

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US credit rating downgrade could add to pressure on government debt

Loss of Moody’s triple-A rating comes amid concerns about fiscal trajectory and widening budget deficit

The Guardian - UK

Stocks tank as economic slowdown fears mount and tech companies disappoint

On Tuesday, the Dow Jones Industrial Average dropped by about 1.5 percent, hammering investors.

The Independent UK

Global Stocks Sink On Rising Bond Yields Ahead Of Critical US Reports — A Typical Correction Or Something More Serious?

The critical driver behind rising bond yields worldwide is stubbornly high inflation, thanks to robust consumer spending in the world's largest economy and supply-side pressures. These pressures prevent central banks from easing monetary policy.

International Business Times

Stock Market Today: Tesla Stock Soars in Quiet Day for Markets

While the major indexes made modest moves ahead of the July 4th holiday, Tesla stock popped on impressive June deliveries.

Kiplinger

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Stock Market Today: P&G Earnings Headline Quiet Day for Stocks

While the major indexes failed to make big moves today, consumer staples giant Procter & Gamble popped after earnings.

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