The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
The impact of this deal on the stock market has been quite bullish, especially for AI-related companies and those involved in the deal. Arm Holdings ( NASDAQ:ARM) is up over 12% since the deal and SoftBank is also up 12%. Oracle has gained 13%.
U.S. stock futures were moving lower in early action on Friday, on the heels of the first record for the S&P 500 of 2024. Dow Jones Industrial Average futures fell 15 points, or 0.03%, to 44,732 S&P 500 futures slipped 7 points,
Markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan. Given this reality,
NASDAQ is losing some ground as tech stocks pull back. Electronic Arts, which was down by 17.7%, was the worst performer in the NASDAQ index today. The stock suffered a strong sell-off after the company slashed its revenue forecast due to weak demand for soccer and Dragon Age games.
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 rose 0.5% Thursday amid relatively quiet trading and surpassed the record it set early last month.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Qualcomm (NASDAQ:QCOM) and its peers. The biggest demand drivers for processors (CPUs) and graphics chips at the moment are secular trends related to 5G and Internet of Things,
The benchmark S&P 500 rose to a near all-time high on Thursday, as investors assessed a mixed bag of corporate earnings and comments from President Donald Trump that offered little clarity on his highly anticipated trade policies.
U.S. stock index futures were mixed on Thursday, as Wall Street took a breather after a two-day advance post President Donald Trump's inauguration took the benchmark S&P 500 (SP500) to a new all-time intraday high.
The major market averages moved up on Tuesday, as Wall Street digested a flurry of post-inauguration moves by President Donald Trump. Early on and the benchmark S&P 500 (SP500) was +0.4%, the  Nasdaq Composite (COMP:IND) was near even,