Closing Recap Global markets opened the week in the grip of a major geopolitical shock as U.S. stock futures plunged and oil prices surged over 4% following a new wave of American military strikes on Iranian targets. The escalation shattered the weekend calm, with Nasdaq 100 futures sliding 1.24%, S&P 500 futures losing 0.56%, and…

Closing Recap A powerful tech-led rally propelled Wall Street higher on Thursday as a resurgent semiconductor sector eclipsed escalating U.S.-Iran tensions, with the Nasdaq Composite surging 1.62% while the Dow and S&P 500 also closed in positive territory. The Nasdaq jumped 474.53 points (+1.62%) to 29,727.10, the S&P 500 advanced 60.93 points (+0.81%) to 7,543.64.…

Closing Recap U.S. stocks finished mixed on Wednesday as the renewed conflict in the Middle East sent shockwaves through global markets, with oil prices surging more than 5% to their highest levels in nearly three weeks while U.S. stocks ended mixed. President Trump declared the U.S.-Iran ceasefire agreement “over” and the military launched fresh strikes…

Closing Recap A brutal “Black Tuesday” for technology stocks gripped Wall Street as escalating U.S.-Iran hostilities sent oil prices soaring and triggered a violent selloff in semiconductors, with the Nasdaq Composite plunging 1.16% to 29,028  while the Dow Jones Industrial Average slipped 0.25% to 52,925.15 and the S&P 500 shed 0.45% to 7,503.85. The trigger…

Closing Recap A powerful tech-led rally propelled Wall Street sharply higher on Monday, with the Dow Jones Industrial Average closing above 53,000 for the first time in history as AI and semiconductor stocks staged a dramatic comeback following last week’s brutal selloff. The Dow surged 155.84 points (+0.29%) to a record closing high of 53,055.91,…

Closing Recap Wall Street returned from the Independence Day long weekend to a tale of two markets as the Dow Jones clung to its record-high perch near 52,900 while the Nasdaq was gutted by another wave of profit-taking in AI and mega-cap tech names. The catalyst driving the session’s schizophrenic price action was crystal clear:…

Closing Recap A holiday-shortened session delivered a dramatic divergence on Wall Street as the Dow Jones Industrial Average soared to a fresh record high above 52,900 while the Nasdaq Composite tumbled for a second straight session, dragged down by a brutal semiconductor rout. The Dow surged 594.83 points (+1.14%) to close at 52,900.07, marking its…

Closing Recap U.S. stocks treaded water on Thursday ahead of the June nonfarm payrolls report, with the S&P 500 holding near 7,476.59, the Dow Jones at 52,275.27, and the Nasdaq 100 at 29,650 as a brutal semiconductor selloff on Wednesday continued to reverberate through the tech complex. The Russell 2000 dipped to 3,012.59. It is…

Closing Recap A powerful tech-led rally propelled Wall Street higher on the final trading day of the first half, with the Dow Jones Industrial Average breaching 52,000 for the first time in history and both the S&P 500 and Nasdaq delivering their best quarterly performances since 2020. The Dow rose 0.26% to a record closing…

Closing Recap A stunning tech-led rally propelled Wall Street sharply higher on Monday, with the Dow Jones Industrial Average closing above 52,000 for the first time ever as easing U.S.-Iran hostilities and a resurgent AI trade powered a broad-based advance. The Nasdaq Composite surged 2.07% to 25,820.14, snapping a five-day losing streak, while the S&P…