Stocks futures are pointing to a sharply lower open on Monday as technology stocks tumble on concerns about the competitive threat that China poses in the race to develop artificial intelligence.
Investors are appraising the likely impact of Trump's orders on stocks on the first trading day after the inauguration.
The S&P 500 climbed to a fresh record on Thursday, driven by President Donald Trump’s calls for immediate interest rate cuts and cheaper oil prices.
The concerns over U.S. tech stocks come during a week when many of the sector's key companies will report earnings. Meta, Microsoft, Apple and Tesla will all post results. Outside of tech, other major companies reporting include General Motors, Boeing, Starbucks, Comcast, Chevron and Exxon Mobil. Here are the key results to watch this week:
Investing in the US stock market from India can be done with exposure to exchange-traded funds listed on US stock market exchanges.
Stocks climbed as President Donald Trump struck a better-than-feared tone on trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields.
Global stocks mostly rose as China's economy met its 5% growth target, boosting European markets. Asian shares had mixed results, with TSMC gaining on AI-driven profits. U.S. markets dipped on earnings reports.
ET, the Dow Jones rose 0.31 per cent, the S&P 500 gained 0.37 per cent, the Nasdaq Composite gained 0.64 per cent
The 10-year Treasury yield ( ^TNX) added to recent gains to touch a 14-month high, trading around 4.8% as US bonds sold off. Meanwhile, the dollar ( DX-Y.NYB) surged to a two-year high against major currency peers, with the UK pound ( GBPUSD=X ), in particular, coming under pressure.
The S&P 500 rose 0.2% after erasing an earlier fall of 0.9%. The Dow Jones Industrial Average climbed 358 points, or 0.9%, while the weakness for Big Tech stocks dragged the Nasdaq composite to a loss of 0.4%. Stocks have been under pressure the last month ...
There aren't a lot of stocks out there that are as volatile as Tesla (TSLA -1.41%) has been. Shares seem to always be bouncing around like a roller-coaster ride. Nonetheless, inve