Closing Recap  Global markets and U.S. futures are under significant pressure as U.S. traders return from a long weekend to digest President Donald Trump’s threat to impose escalating tariffs on the European Union and the United Kingdom over his push to acquire Greenland. The surprise move has ignited fears of a new transatlantic trade war,…

Closing Recap  Global markets are on edge to start the new week after U.S. President Donald Trump threatened to impose escalating tariffs on the European Union and the United Kingdom over his push to acquire Greenland. The surprise move has ignited fears of a new transatlantic trade war, sending U.S. stock futures tumbling and boosting…

Closing Recap  U.S. stocks finished broadly higher on Thursday, with the major indices rebounding from a recent bout of selling as a blockbuster earnings report from semiconductor giant Taiwan Semiconductor (TSM) reignited enthusiasm for the AI trade. The Nasdaq led the charge, but the rally was broad-based, with the Dow and S&P 500 also posting…

Closing Recap  U.S. stocks started Wednesday on a strong note but faded throughout the day to finish broadly lower, as the market’s recent bullish momentum hit a wall. The S&P 500 fell for a fourth consecutive day at the lows before a late-day bounce pared some of the losses. The selling was driven by a…

Closing Recap  U.S. stocks finished lower on Tuesday in a choppy session, as a disappointing earnings report from JPMorgan and hawkish commentary from a Fed official soured the market mood. The S&P 500 and Dow both fell, erasing early gains that had followed an in-line U.S. CPI report. The selling was broad-based but most pronounced…

Closing Recap  U.S. stocks shrugged off a major political storm in Washington on Monday, with the S&P 500 and Dow Jones Industrial Average both surging to new all-time closing highs. The rally was broad-based but saw a defensive tilt, with Consumer Staples leading the gains while Financials lagged. The market’s remarkable resilience came despite a…

Closing Recap  Global markets are on edge to start the new week after an extraordinary weekend escalation in the feud between the White House and the Federal Reserve. U.S. stock futures are pointing to a sharply lower open after Fed Chair Jerome Powell revealed that the Department of Justice has threatened the central bank with…

Closing Recap  U.S. stocks finished mixed on Thursday after another choppy session as investors digested a flurry of economic data ahead of Friday’s crucial Nonfarm Payrolls report. The S&P 500 was essentially flat, with a late-day dip erasing earlier gains, as strength in cyclical sectors was offset by a renewed slide in technology. The Nasdaq…

Closing Recap  U.S. stocks started the day with gains but faded into the close, finishing mixed on Wednesday as a stronger-than-expected ISM Services report cast some doubt on the market’s aggressive rate-cut expectations. The S&P 500 fell for the first time this week, while the Dow also finished in the red. The tech-heavy Nasdaq was…

Closing Recap  U.S. stocks surged to new all-time highs on Tuesday, extending the powerful rally that kicked off the new year. The Dow Jones Industrial Average and the S-P 500 both closed at new records, while the small-cap Russell 2000 also posted strong gains. The broad-based rally was driven by a combination of receding geopolitical…