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The Dow Jones Industrial Average rose 0.1%, and the Nasdaq composite gained 0.4%, both also adding to their previous records set last week. The price for a barrel of Brent crude rose more than 4%, which pushed up Treasury yields and hurt companies with big fuel bills. But strong profit reports from U.S. companies and continued strength for big technology stocks kept Wall Street's momentum going.
Top cryptocurrencies were mixed on Monday, with Bitcoin (BTC-USD) falling below the $72,000 level.
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Energy stocks were higher late Monday afternoon, with the NYSE Energy Sector Index rising 1.8% and t
In an echo of the late 1990s, Cisco Systems and IBM were the best-performing stocks in the Dow Jones Industrial Average last month.
Nvidia announced its next-gen AI platform and surged 5%. But Apple, Amazon, Tesla, and Meta didn't get invited to the party, and oil prices are up. As a result, the top market indexes barely moved today.
A resurgence in software stocks is carrying the S&P 500 and Nasdaq to fresh highs despite the latest Iran war worries. The Nasdaq was up 0.5%, while the S&P 500 was up 0.2%. The Dow was down 102 points, or 0.2%.
Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.9% and the St
IBM's stock jumped to a fresh high and was one of the biggest gainers in the S&P 500 and Dow Jones Industrial Average Monday.
Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 2% and the Stat
By Chibuike Oguh NEW YORK, June 1 (Reuters) - Global stocks clung to record highs on Monday as strong corporate results, fueled in part by artificial intelligence optimism, outweighed investor
US equity indexes traded mixed after Iran's move to halt indirect peace talks with the US sent crude
Leveraged ETFs delivered massive gains in May as easing geopolitical tensions, AI optimism and strong earnings fueled a sharp market rally.
The theater operator reported on Monday that 25.5 million people went to AMC Theatres and Odeon Cinemas last month.
Oil prices sharply rose on Monday afternoon as Iran suspended all indirect talks with the US and vowed to fully close the Strait of Hormuz.View on euronews
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The stock market continued to hover near its highs on Monday despite a spike in tensions between the U.S. and Iran. The Dow fell 163 points, or 0.3%. The S&P 500 was flat. The Nasdaq was up 0.1%. All three finished May with closing highs, so any move higher would be a record.
Wall Street closed at record highs on Friday, driven by a tech rally as oil prices dropped and investors looked forward to a potential U.S.-Iran peace deal.
FEATURE Shares of NIO and XPeng started the month with a bang. Li Auto stock even got a tiny boost despite falling delivery numbers. Combined, the three Chinese EV makers delivered 103,213 cars in May, up 6% year over year.
ORCL, MU and HPP led standout gains as Zacks highlighted top-performing portfolios amid volatile markets and inflation worries.
Stock Market Today: The Dow Jones index rose Monday amid ongoing hopes for a U.S.-Iran deal. Nvidia stock jumped on a new chip.
Tech stocks looked set to rise on Monday, although for once the blue-chip Dow looked set to outshine the Nasdaq 100. Futures tracking the Dow jumped 280 points, or 0.6%, in early trading, while the Nasdaq was up just 0.
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