Closing Recap  U.S. stocks finished broadly lower on Wednesday, with the technology sector once again leading the declines as a brutal sell-off in AI-related names intensified. The Nasdaq plunged 1.51%, weighed down by a 16% crash in AMD after its earnings and a 9% drop in Micron. The selling pressure was triggered by renewed concerns…

Closing Recap  Volatility is the only certainty in this market. Wednesday saw a violent bifurcation in asset classes: while U.S. Tech stocks were hammered by a deepening «AI Hangover,» precious metals staged a rebound of historic proportions. U.S. stocks finished broadly lower on Tuesday, snapping a strong start to the new month as a brutal…

Closing Recap  U.S. stocks kicked off the new month with a powerful rally on Monday, shrugging off pre-market weakness and concerns about a brief government shutdown. The major indices advanced in a broad-based rally, with the tech-heavy Nasdaq leading the charge. The positive sentiment was driven by a surprisingly strong U.S. ISM Manufacturing PMI report,…

Closing Recap  U.S. stock futures are pointing to a sharply lower open on Monday as investors grapple with two major headwinds: the nomination of Kevin Warsh as the next Federal Reserve Chair and renewed concerns about the sustainability of the AI spending boom. The tech-heavy Nasdaq is set to lead the declines, with futures down…

Closing Recap  U.S. stocks finished broadly lower on Thursday in one of the most volatile sessions in recent memory. A brutal sell-off in Microsoft, which lost a staggering $441 billion in market cap in its seventh-worst day ever, sent a shockwave through the technology sector and the broader market. The Nasdaq snapped its 6-day losing…

Closing Recap  U.S. stocks finished mixed on Wednesday after a volatile session dominated by the Federal Reserve’s first policy decision of the year. The S&P 500 briefly touched the historic 7,000 level for the first time ever, though it couldn’t hold the gains into the close. The Nasdaq was the clear outperformer, while the Dow…

Closing Recap  U.S. stocks rallied on Tuesday, with the S&P 500 surging to a new all-time high as a rebound in technology stocks lifted the broader market. The Nasdaq led the gains with a 0.91% advance, while the Dow underperformed, weighed down by a sharp drop in healthcare stocks. The market’s focus is now squarely…

Closing Recap  U.S. stocks rallied on Monday, starting the week on a strong note as investors bought the dip after two consecutive weekly losses. The major indices advanced in a low-volume session, with the tech-heavy Nasdaq leading the charge. The rally was broad-based, with nine of eleven S&P sectors finishing in the green. The positive…

Closing Recap  U.S. stock futures are pointing to a weaker open on Monday as a sharp rally in the Japanese yen and a looming government shutdown weigh on sentiment. The yen surged to its strongest level since November after Japanese and U.S. officials signaled a readiness to intervene in currency markets, a move that has…

Closing Recap  U.S. stocks rallied on Thursday, with the major indices recovering all of the prior session’s sharp losses after President Trump signaled a de-escalation in the trade standoff with Europe over Greenland. The S&P 500 jumped, and the Dow also gained, but the real star of the show was the small-cap Russell 2000, which…