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May 14 (Reuters) - Wall Street stock indexes opened higher on Thursday as Nvidia's shares jumped, while investors assessed economic data and watched developments around the high-stakes U.S.-China
Stocks opened higher after a pair of healthy economic reports, with the Dow getting a boost to 50,000 from Cisco’s strong earnings. The Dow was up 0.8%, to trade at 50,080.30. The picture for the U.S. economy is positive, with retail sales coming in healthy and jobless claims showing the labor market continues to hum.
Thursday, Intuitive Machines reported first quarter Ebitda of $2.7 million from sales of $186.7 million. Wall Street was looking for a $7.9 million Ebitda loss from sales of $200 million.
News of the day for May 14, 2026
Shares of the electric-vehicle maker rose 0.6% to $448 in premarket trading, while and futures were up 0.2% and 0.6%, respectively. Coming into Thursday trading, Tesla stock has risen five of the past six days, gaining more than 14% over that span. With CEO Elon Musk traveling with President Donald Trump in China, optimism about Tesla Full Self-Driving (FSD) approval in that country seems to be the main stock driver lately.
Cisco stock jumped on strong earnings and job cuts, while chip maker Cerebras Systems made its market debut with a $5.55 billion IPO
US markets were set for another higher open on Thursday despite mounting inflation concerns and rising Treasury yields, as investors continued piling into artificial intelligence-linked technology stocks. Dow Jones futures indicated an initial gain of 377 points, or 0.8%, while S&P 500...
Wall Street futures pointed modestly higher pre-bell Thursday as traders mulled clues from the Beiji
Higher inflation may not be as short-term as the president thinks, based on what history tells us.
The central bank that Wall Street has become accustomed to may be on the verge of significant change.
The S&P 500 rose 0.6%, and the Nasdaq Composite added 1.2%. The president and a group of top business leaders are attending a summit with Chinese leader Xi Jinping. Kevin Warsh passed the final Senate vote hurdle.
Stocks looked set to notch more records on Thursday as investors bet that President Donald Trump’s meeting with China's leader Xi Jinping would help extend a recent tech rally. S&P 500 futures climbed 0.2%, and contracts tied the tech-heavy Nasdaq 100 added 0.4%. The market looked set to build on those gains after Xi welcomed Trump–and an elite group of CEOs–to China.
Wall Street is poised to open with gains Thursday following another record-setting day and developments emerging from U.S. President Donald Trump’s summit with Chinese leader Xi Jinping in Beijing. Oil prices were effectively unchanged, with no clear ending to the Iran war after more than two months. On Thursday, the White House said Trump and Xi discussed enhancing U.S.-China economic cooperation.
Major U.S. indices ended Wednesday mixed, with the Dow Jones Industrial Average slipping 0.14% to 49,693.20, while the S&P 500 advanced 0.58% to 7,444.25 and the Nasdaq climbed 1.20% to 26,402.34. These are the top stocks that gained the attention of retail traders and investors through the day: Cisco Systems Inc. (NASDAQ:CSCO) Cisco’s stock climbed 2.60%, closing at $101.87 after reaching an intraday high of $102.01 and a low of $99.29. The stock’s 52-week range is between $60.84 and $102.01. I
Oil prices moved slightly lower on Wednesday, but markets were buoyed to new heights by the strength of the tech sector. Plus, the new Federal Reserve chair cleared his final confirmation hurdle this afternoon, which likely alleviated some lingering uncertainty at the central bank, and among investors. Incoming Fed Chair Kevin Warsh was confirmed by the Senate with a vote of 54-45 on Wednesday afternoon, becoming the 17th person to take on the job.
The AI trade lifted stocks on Thursday as all eyes were on the crucial Trump-Xi summit that kicked off in Beijing.
US stock futures edged higher as Wall Street awaited President Trump's meeting with Chinese President Xi Jinping.
Ralph Lauren (RL) closed at $331.62 in the latest trading session, marking a -1.64% move from the prior day.
In the latest trading session, FedEx (FDX) closed at $369.7, marking a -1.79% move from the previous day.
In the closing of the recent trading day, Copart, Inc. (CPRT) stood at $32.94, denoting a -1.5% move from the preceding trading day.
<p>SCHD and JEPI are two of the most popular dividend ETFs, but they take fundamentally different approaches to generating income. Here's how to decide which belongs in your portfolio.</p>
In the most recent trading session, Ross Stores (ROST) closed at $211.76, indicating a -2.72% shift from the previous trading day.
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