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US equity indexes rose on Friday as tech topped sectors, nonfarm payrolls handily beat consensus, an
Dow Jones futures: The stock market hit fresh highs this past week with U.S.-Iran news and the Trump-Xi summit in focus. Apple, Nvidia, Boeing are in buy areas.
The Dow Jones Industrial Average edged up less than 0.1%, and the Nasdaq composite rose 1.7% to its own record. Monster Beverage and Akamai Technologies helped lead the market after reporting better profits for the latest quarter than analysts expected. The Nasdaq composite rose 440.88 points, or 1.7%, to 26,247.08.
US equity indexes ended higher on Friday, with the technology sector posting big gains and positive
US equity indexes traded mixed ahead of Friday's close as technology topped sectors, nonfarm payroll
Poet has been one of the market's most exciting and volatile stocks over the last couple months.
The Dow was flat. It’s struggled to keep up with the S&P due to its lack of chip stocks and other major tech players that are supercharging the market’s rally. The tech sector was also up 2.5%, followed by real estate with a 0.6% gain and materials and consumer discretionary with 0.4% gains.
Following its rally in April, Joby served up Q1 sales data this month that has investors excited.
S&P 500 rallies to all-time high on jobs surprise and AI momentum
Yes, rallies aren’t meant to last forever. But this one is being driven by a superstrong earnings season.
US equity indexes traded mixed midday Friday as technology topped sector charts and nonfarm payrolls
US equity indexes rose in midday trading on Friday as technology topped sector charts and Washington
Archer stock saw solid gains last month, and it's off to a strong start in May.
The blue-chip index was up just 11 points, or essentially flat, in Friday trading, compared to a 1.3% gain for the Nasdaq. The Dow only includes 30 stocks, has a higher weighting toward financials and industrials and a lower weighting toward tech, and only weighs individual members by stock price rather than market cap. Case in point: The iShares Semiconductor ETF is up 3.9% and the Roundhill Magnificent Seven ETF is up 1.1%.
KTCAX, JNGTX and FELIX could benefit as global semiconductor sales surge 79.2% year over year in March amid booming AI demand.
Amazon stock has been on an impressive hot streak lately.
Yahoo Finance's Julie Hyman breaks down the University of Michigan consumer sentiment data and its effect on the economy.
Despite recent gains, Microsoft's stock has still seen a double-digit pullback this year.
U.S. stocks ended lower on Thursday, with the S&P 500 retreating after hitting an all-time high in the previous session, as oil prices bounced back from their initial lows and uncertainty over U.S.-Iran peace talks weighed on investors' sentiment.
The S&P 500 and Nasdaq were chasing fresh highs on Friday after the unemployment rate held steady in April. The S&P was up 0.5%. The Nasdaq was up 0.6%. The Dow rose 220 points, or 0.4%. The S&P and Nasdaq were on pace for record closing highs.