Wall Street limped into the weekend Friday, November 7, 2025, as artificial intelligence stocks extended their brutal selloff and consumer sentiment plunged to its lowest level since June 2022, when inflation hovered near 40-year highs. The S&P 500 rose 8.48 points or 0.1% to 6,728.80, while the Dow Jones Industrial Average rose 74.80 points or […]
Category: Crypto
Stocks rebound as Supreme Court grills Trump on tariff authority, chipmakers rally 3% amid AI bubble concerns
Wall Street staged a modest recovery Wednesday as investors bet that Supreme Court skepticism toward President Trump’s sweeping tariff authority could lead to rollback of duties that have weighed on corporate earnings and consumer prices. The Dow Jones Industrial Average gained 225.76 points or 0.48% to close at 47,311.00, while the S&P 500 rose 0.37% […]
Tech stocks crater as AI bubble fears intensify, S&P 500 slides 1.17% while Palantir plunges 8% despite earnings beat
Wall Street suffered a bruising selloff Tuesday, as mounting concerns about artificial intelligence valuations combined with delayed SNAP payments to trigger widespread selling across technology sectors that have powered the market’s 2025 rally. The S&P 500 declined 1.17% to close at 6,771.55, while the Nasdaq Composite traded down 2.04% to finish at 23,348.64 and the […]
Amazon ignites AI rally with $38B OpenAI deal as tech megacaps reclaim leadership, Dow lags on Kimberly-Clark acquisition
Wall Street kicked off November on a mixed note Monday, November 3, as artificial intelligence optimism propelled technology megacaps higher while defensive sectors and smaller companies struggled. The S&P 500 rose 11.77 points or 0.2% to 6,851.97, while the Nasdaq composite rose 109.77 points or 0.5% to 23,834.72, with the Dow Jones Industrial Average falling […]
Fed cuts rates but Powell dampens December hopes, Meta craters 11% on AI spending fears as Trump-Xi trade truce falls flat
Wall Street retreated from record highs Thursday, October 30, as Federal Reserve Chair Jerome Powell cast doubt on additional rate cuts while massive AI spending by technology giants spooked investors worried that artificial intelligence investments may never generate adequate returns. The S&P 500 dipped 0.99% to finish the day at 6,822.34, while the Nasdaq Composite […]
Tech megacaps drive indexes to fresh records as Microsoft secures $135B OpenAI stake, S&P 500 breaks through 6,800 barrier
Wall Street powered to new all-time highs Monday, October 28, as technology giants continued their relentless march higher on artificial intelligence optimism while the broader market took a breather following its recent torrid rally. The Dow Jones Industrial Average advanced 0.7% or 337.47 points to close at 47,544.59, marking a new record close, while the […]
Stocks hit all-time highs as Trump-Xi trade deal optimism sends S&P 500 up 1.2%, Bitcoin rallies on risk-on sentiment
Wall Street surged to fresh record highs Monday, October 27, as investors celebrated news that Chinese and U.S. trade negotiators have reached a substantial framework ahead of Thursday’s summit between President Trump and Chinese President Xi Jinping in South Korea. The S&P 500 climbed 1.2% as Chinese and US trade negotiators have lined up an […]
Dow smashes through 47,000 for first time as cooler inflation data sparks relief rally, energy stocks surge on Russian sanctions
Wall Street roared higher Friday, October 24, as better-than-expected inflation data reinforced investor confidence that the Federal Reserve will continue cutting interest rates while corporate earnings remained robust enough to justify elevated valuations. The Dow gained 473 points or 1.01% and closed at 47,207.12, closing above 47,000 for the first time ever, capping a week […]
Markets whipsaw on China export fears as Trump’s mixed signals create investor confusion, gold tumbles 5% in steepest drop since 2020
Wall Street experienced violent swings Wednesday, October 22, as renewed concerns about U.S.-China trade relations combined with gold’s steepest single-day decline in five years to create a challenging environment for investors navigating conflicting signals from the Trump administration. The Dow Jones Industrial Average fell 334.33 points or 0.71% to close at 46,590.41, while the S&P […]
Stock market braces for Monday rebound after Trump calms trade war fears with reassuring weekend message
Wall Street prepared for a potential recovery rally on Sunday, October 12, as investors digested President Donald Trump’s conciliatory remarks about trade relations with China following Friday’s devastating selloff that wiped nearly one and a half trillion dollars from American stock values in a single trading session. Trump posted on Truth Social urging investors not […]