Stocks Mixed as Powell Stays Hawkish
Stocks mixed on Wednesday on the possibility of more rate hikes. The Trade Desk (TTD) retains momentum due to shift to Connected TV.
Daily Market Wrap
Tech Stocks Drag to Start Final Trading Week of June
Stocks fell to start the final trading week of the first half of the year. Pool Corp’s (POOL) profit growth seems to be bottoming.
Stocks Tumble on Friday to End the Week in Red
Stocks snapped its win streaks after it sank on Friday. NVIDIA (NVDA) shocks the world with breathtaking demand for its AI GPUs.
Stocks Close Slightly Higher to End 3-Day Losing Streak
Tech stocks lead market rebound on Thursday. Datadog (DDOG) stock has turned up, but the fundamentals have not.
Stocks Dip for Third Straight Day as Powell Signals More Rate Hikes This Year
Stocks sank on Wednesday as Powell warned more rate hikes. MercadoLibre (MELI) looks like the next Amazon as profits and margins rise.
Market Rally Cooled Off Ahead of Fed Chair Testimony
Stocks fell on Tuesday as investors awaited Fed Chair testimony. Eli Lilly (LLY) stock soar on the back of two potential blockbuster drugs.
S&P500, NASDAQ Break Six-Day Win Streak on Friday
Stocks closed lower on Friday, ending its six-day win streak. Cybersecurity stock Fortinet (FTNT) jumps after profits climb 76%.
Stocks Rally for Sixth Consecutive Day as Traders Shake Off Fed’s Hawkish Stance
Stocks rose on Thursday and marked its sixth straight growth. Sherwin-Williams’ (SHW) management is overly pessimistic in its outlook.
Stocks Close Nearly Flat as Fed Keeps Rates Steady but Signals More Rate Hikes
Stocks were nearly flat on Wednesday as the Fed kept rates unchanged. ZoomInfo’s (ZI) revenue and profit growth is slowing.
S&P 500, NASDAQ Hit Fresh 13-Month Highs
Stocks were up on Tuesday after inflation slowed down again in May. Celsius (CELH) delivers a monster quarter and shares surge higher.
Stocks Climb Ahead of the Big Week for Central Banks
Stocks grew on Monday as traders bet on Fed pause. Floor & Decor’s (FND) impressive performance fuels optimism for future expansion.
Stocks Rise to End The Week as S&P 500 Logs Highest Level Since August
S&P 500 recorded highest level since August. Supermicro Computers (SMCI) is seeing record demand for AI racks.