US stocks were mixed for a second session on Wednesday as the market assessed the sustainability of the AI-driven rally, retail earnings results, and the outlook for US interest rates. The Dow Jones Industrial Average edged higher while the S&P 500 held near the flatline, although the Nasdaq 100 weakened as the tech giant continued its aggressive decline from the previous session.
Tech giants' stocks weakened further amid concerns that valuations may have become overstretched, in line with research indicating that most AI companies will be unprofitable, while MetaTrader has overhauled its AI team. Nvidia, MetaTrader, and Alphabet all fell about 1%. Meanwhile, earnings at major retail companies were mixed.
Target fell 10% after announcing a new CEO, despite its revenue beating expectations, while Estee Lauder fell 4% on downbeat projections. Meanwhile, TJX and Lowe's rose 7% and 3% respectively after releasing earnings. Walmart will report tomorrow. Meanwhile, the FOMC minutes could reveal how policymakers weighed the labor market slowdown against stubborn inflation. (alg)
Source: Trading Economics
European stocks finished in positive territory on Thursday as traders positioned for central bank decisions today. The pan-European Stoxx 600 was almost 1% higher at the close of the session.Markets ...
Stocks rose on Thursday as Wall Street weighed the latest inflation data, which came in lighter-than-expected.The Dow Jones Industrial Average traded 339 points, or 0.8%. The S&P 500 popped 1.1%, ...
European markets opened today, Thursday, December 18, 2025, with a cautious attitude. Investors await the latest move from the European Central Bank (ECB), which is expected to hold interest rates. In...
Asian stock markets opened lower following Wall Street's rout, as investors again shunned riskier assets. Stocks in Japan and Australia fell, followed by Hong Kong futures. Pressure came primarily fro...
US stocks closed sharply lower on Wednesday, with the S&P 500 falling 1.2% to mark a fourth consecutive session of losses. The Nasdaq dropped 1.8%, while the Dow Jones ended 228 points lower, also...
Silver edged down to $65.8 per ounce, after a 3.8% surge to a new all-time high of $66.175 in the previous session, as investors reacted to softer-than-expected US inflation data. Core CPI rose at the slowest YoY pace since early 2021, reinforcing...
European stocks finished in positive territory on Thursday as traders positioned for central bank decisions today. The pan-European Stoxx 600 was almost 1% higher at the close of the session.Markets prepared for Europe's central banks to announce...
The BRICS group of countries is increasingly being considered as an alternative for global diplomacy and cooperation amidst increasing tariff and protectionist policies from the United States. A number of developing countries view BRICS as a...
Fed Governor Christopher Waller said Wednesday that the Fed is in no rush to cut interest rates, given the current outlook, according to...
Stocks fell slightly on Tuesday as traders digested the delayed release of the November's jobs report.
The S&P 500 fell 0.1%, while the Nasdaq...
Nonfarm Payrolls (NFP) in the United States rose by 64,000 in November, according to a report from the U.S. Bureau of Labor Statistics (BLS) on...
European stocks closed lower on Tuesday, with the STOXX 50 down 0.5% and the broader STOXX 600 slipping 0.4%, as optimism around Russia–Ukraine...