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Tag: Wrap

Tech Stocks Up in Late Trading as Tesla Surges 9%: Markets Wrap – Yahoo Finance

(Bloomberg) — Big tech stocks rose late as Tesla Inc. started the Magnificent Seven earnings season with strong results. Bond yields rose on expectations that the Federal Reserve will take a cautious approach to lowering interest rates. Most Read Articles on Bloomberg Following Wednesday's stock market decline, Wall Street pointed to a rebound led by […]

Nasdaq Set for Gains as TSMC Spurs Relief Rally: Markets Wrap – Yahoo Finance

(Bloomberg) — Taiwan Semiconductor Manufacturing Co.'s earnings spurred gains across major stock indexes, while a recovery in semiconductor stocks eased market tensions. Most Read Articles on Bloomberg Contracts in the tech-heavy Nasdaq 100 rose 0.9% on Thursday, led by gains in semiconductor stocks, after TSMC reported a better-than-expected 54% rise in quarterly profit. This reversed […]

Stock Rotation Lifts Small Caps to Three-Year High: Markets Wrap – Yahoo Finance

(Bloomberg) — Stock traders continued to rotate the megacap stocks that have been driving the bull market to other parts of Wall Street. Most Read Articles on Bloomberg Cyclical stocks outperformed, with the Russell 2000 index of small and medium-sized companies hitting a three-year high. Most big tech stocks fell, but Nvidia rose 3.1%. The […]

Stocks Drop, US Yields Top 4% as Rate-Cut Bets Ebb: Markets Wrap – Yahoo Finance

(Bloomberg) — Stocks fell and major Treasury yields rose above 4% after solid U.S. economic data undercut bets that the Federal Reserve will cut deep interest rates next month. Most Read Articles on Bloomberg S&P 500 contracts fell 0.4% and Nasdaq 100 futures fell 0.5%. Borrowing costs for 10-year U.S. Treasuries rose above 4% for […]

US military's mission in Iraq to wrap up by 2026

The U.S. military will end its current mission against the terrorist group ISIS in Iraq by the end of 2026, and move to a new phase that will likely include a significant withdrawal of U.S. troops from the country, according to senior U.S. officials. However, they added that Washington intends to maintain military presence at […]

Asian Stocks, Europe Futures Rise on PBOC Stimulus: Markets Wrap – Yahoo Finance

(Bloomberg) — European stocks tracked gains in Asia after the People's Bank of China announced a series of stimulus measures to bolster economic growth. Most read articles on Bloomberg The Stoxx Europe 600 index rose 0.9%, led by gains in sectors highly dependent on China, such as miners, luxury goods makers and automakers. Brent crude […]

Asian Stocks Advance on China Stimulus Hopes: Markets Wrap – Yahoo Finance

(Bloomberg) — Asian stocks rose and gold hit a record high on hopes that China, the world's second-largest economy, will roll out more stimulus to fuel its economic recovery as the United States begins a cycle of monetary easing. Most read articles on Bloomberg The MSCI Asia Pacific index rose as shares in China, Hong […]

Stocks Are Mixed as Euphoria Over Big Fed Cut Ebbs: Markets Wrap – Yahoo Finance

(Bloomberg) — European stocks fell and U.S. stock futures dropped on Friday as bad news on corporate earnings dampened euphoria over the trajectory of interest rates. Most read articles on Bloomberg Europe's Stoxx 600 stock index slumped 8.4% after Mercedes-Benz Group Inc. cut its earnings outlook due to weak sales in China. U.S. futures fell […]