US stocks closed mixed on Tuesday (July 22nd), as the S&P 500 hit a new record, rising nearly 0.1%, the Dow Jones Industrial Average rose 170 points, and the Nasdaq 100 fell 0.5% ahead of key earnings reports from Alphabet and Tesla. Chip stocks weighed on the Nasdaq, with Nvidia down 2.4% and Broadcom down 3.3% following reports that SoftBank and OpenAI's massive AI project was stalled. Shares of Lockheed Martin (-10.8%) and Philip Morris (-8.2%) fell sharply after disappointing results. General Motors (-8%) also warned of a deeper impact on profits related to tariffs after a 32%...
Asia's benchmark stock index rose as equities rose in Japan and South Korea, while several other regional markets remained closed for holidays. Sentiment improved after U.S. stocks extended this year's rally on Tuesday. Japan's Nikkei 25 rose for a second day, with retail stocks rising after a travel deal was agreed with China. Australia and Hong Kong remained closed for the Christmas holiday. U.S. equities were boosted Tuesday by a rally in technology shares, with the S&P 500 up more than 1% amid thin trading. Equity investors are pinning their hopes on what is known as the "Santa...
Japanese stocks fell after the close on Wednesday, as losses in the Communications, Warehousing and Precision Instruments sectors led shares lower. At the close in Tokyo, the Nikkei 225 was down 0.32%. The best performers of the session on the Nikkei 225 were Nissan Motor Co., Ltd. (TYO:7201), which rose 8.66% or 41.30 points to trade at 518.30 at the close. Meanwhile, Toyota Motor Corp. (TYO:7203) gained 4.57% or 129.50 points to close at 2,964.50 and Kawasaki Heavy Industries, Ltd. (TYO:7012) gained 4.28% or 291.00 points to 7,089.00 in late trade. The worst performers on the session...
The Topix fell 0.5% to 2,714.12 as of 9:28 a.m. in Tokyo. The Nikkei was little changed at 39,033.72. Japan's Topix fell as automakers and banks weighed on the benchmark index amid holiday constraints. Toyota Motor contributed the most to the Topix decline, dropping 1.4%. Of the 2,125 stocks in the index, 689 rose and 1,247 fell, while 189 were unchanged. "There are almost no market players, so it's unlikely the market will show any direction," said Mitsushige Akino, president of Ichiyoshi Asset Management. "There's a reversal in the market, and industrial types that have performed well...
Stocks jumped Tuesday on Christmas Eve as the market pulled off back-to-back gains in the holiday week. The S&P 500 added 1.1% to 6,040.04, and the Dow Jones Industrial Average gained 390.08 points, or 0.91%, to 43,297.03. The Nasdaq Composite climbed 1.35% to 20,031.13, helped by a 7.4% jump in Tesla shares. Amazon and Meta Platforms gained more than 1% each. The New York Stock Exchange closed early at 1 p.m. ET for Christmas Eve, while the bond market closes at 2 p.m. The market is also shut on Wednesday for Christmas Day. Tuesday marked the start of the seasonal Santa Claus rally,...
US stock indices opened marginally higher Tuesday in thin trading ahead of the Christmas holiday, stabilizing after gains from the world's largest technology stocks. S&P 500 and Nasdaq 100 were up about 0.2%, while Dow Jones Industrial Average were slightly down at 0.03%. American Airlines Group shares dropped about 1.4% on Tuesday as the airline briefly grounded all flights in the U.S. due to a "technical issue." The ground stop was later lifted. The New York Stock Exchange is set to close early Tuesday for Christmas Eve, and the market is shut on Christmas Day. Wall Street indexes...