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Meme stocks soared again on Tuesday, as US equities broadly finished the trading day higher. The moves follow comments from President Biden on new China tariffs as investors count down to Wednesday's heavily anticipated look into consumer prices.
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US stocks closed mixed Monday while a meme stock rally was reignited following a string of recent market gains. Investors largely stuck to wait-and-see mode, with attention to an upcoming inflation report seen as a potential starting gun for interest rate cuts.
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Stocks rallied during a quiet week for economic data on Wall Street.
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The Dow eked out its eighth straight session of gains on Friday and closed out its best week of the year as US stocks finished the day mostly in the green. The gains came despite the three major indexes losing some steam earlier in the session after consumer sentiment hit a six-month low.
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US stocks rose on Thursday as a fresh earnings batch provided mixed results and a reading on unemployment claims showed evidence that the labor market continues to cool.
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US stocks were a mixed bag on Wednesday as investors tried to read the rate-cut runes and weighed a fresh batch of earnings reports for insight into the chance of a corporate America-spurred revival.
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US stocks finished close to where they started Tuesday but largely built on a string of gains amid growing hopes for rate cuts later this year. Meanwhile, investors soured on Disney's earnings, sending the stock down sharply.
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Stocks closed near session highs Monday, as the S&P 500 (^GSPC) notched its best three-day run in a rip-roaring 2024. Wall Street continued to build on an end-of-week surge precipitated by a softer-than-expected jobs report that helped spur bets toward an earlier rate cut from the Federal Reserve.
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In the week ahead, the earnings flow will remain steady but slow down while the week's economic calendar should be among the year's quietest.
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US stocks surged on Friday, as upbeat earnings from Apple lifted spirits and a weaker-than-expected jobs report revived bets that the Federal Reserve could cut interest rates sooner than thought.
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US stocks strode higher Thursday in a calm after the Fed day storm, as investors set aside rate worries for now to focus on Apple earnings and the coming monthly jobs report.
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US stocks were a mixed bag on Wednesday as investors digested commentary from the Federal Reserve chair Jerome Powell after the central bank held interest rates steady at its latest policy meeting.
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US stocks closed in a sea of red on Tuesday to close Wall Street's worst month of 2024, as new labor data came in hotter than expected while investors await the Federal Reserve's upcoming interest rate decision and digest strong earnings from Amazon.
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Stocks closed higher on Monday to kick off a big week filled with a Federal Reserve rate decision, the monthly jobs report, and earnings from more "Magnificent Seven" tech heavyweights.
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Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer.
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US stocks bounced back on Friday as Alphabet and Microsoft earnings revived hopes for a sustained Big Tech-led rally, even as a reading on the Federal Reserve's preferred inflation gauge showed price pressures remain sticky.
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Stocks fell on Thursday after a sharply lower-than-expected reading on US GDP for the first quarter ratcheted up questions about the health of the US economy in the face of persistently high interest rates. Meanwhile, Meta's revenue forecast rattled tech investors eyeing the next high-stakes megacap earnings.
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The major stock indexes were little changed Wednesday as Tesla surged in the aftermath of its earnings report and investors awaited more quarterly updates.
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US stocks secured gains across the board on Tuesday, as tech-focused investors prepared for a fresh wave of earnings highlighted by struggling Tesla.
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US stocks rebounded on Monday, with the S&P 500 snapping a six-day losing streak as investors brace for a rush of Big Tech earnings.
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