The stock market rode a big rally in software stocks to fresh highs on Thursday despite another hot inflation report. The Nasdaq gained 0.9%. The Dow rose 25 points to post a slight gain and eke out a fresh record, too.
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By Twesha Dikshit and Utkarsh Hathi May 28 (Reuters) - The S&P 500 and the Nasdaq rose on Thursday after a report said the U.S. and Iran had reached a deal, while investors also digested key inflation
The Nasdaq and S&P 500 were gaining steam as the morning rolled on Thursday. Software stocks were a big reason why. The Nasdaq was up 0.5%, while the S&P 500 was up 0.4%. The Dow was down 20 points, or essentially flat.
Stocks were struggling to build on their recent records on Thursday after the latest escalation between the U.S. and Iran and the hottest inflation report since 2023. The Dow fell 301 points, or 0.5%. The S&P 500 was down 0.1%.
Investing.com - U.S. stock futures pointed lower on Thursday, as a fresh exchange of strikes in Gulf dented hopes for a U.S.-Iran peace deal and investors geared up for key inflation data closely watched by the Federal Reserve.
Wall Street stocks are expected to go into reverse on Thursday as optimism about the ceasefire in the Gulf and a potential US-Iran peace deal became increasingly strained. Futures for the tech-laded Nasdaq were tipped to lead the decline, down 0.5%, while S&P 500 and Dow Jones futures...
The S&P 500 is on track to end an eight-session winning streak as traders also await April PCE inflation data expected to hit 3.8%
World shares declined Thursday following more of what the U.S. military said were defensive strikes against Iran. Oil prices gained more than $2 a barrel after having dropped sharply a day before. In early European trading, Germany's DAX was nearly unchanged at 25,175.63 and the CAC 40 in Paris lost 0.4% to 8,172.84.
The Dow Jones Industrial Average rose 0.4%, and the Nasdaq composite gained 0.1%. Bath & Body Works and Abercrombie & Fitch both rallied after becoming the latest companies to deliver stronger profit reports for the start of 2026 than analysts expected. The Nasdaq composite rose 18.55 points, or 0.1%, to 26,674.73.
Boeing stock rose after CEO Kelly Ortberg gave investors some good news about an important 737 MAX milestone. The company passed its capstone review with the Federal Aviation Administration, allowing it to increase its 737 MAX production to 47 jets a month, Ortberg said at the Bernstein Strategic Decisions investor conference Wednesday. Most recently, Boeing had been making 42 MAX jets a month, after getting FAA approval to raise production in late 2025.
By Twesha Dikshit and Utkarsh Hathi May 27 (Reuters) - The S&P 500 and the Nasdaq were muted on Wednesday in choppy trading, as investors remained cautious while awaiting progress in Middle East talks
Dycom reports adjusted earnings per share of $4.42 from sales of $2 billion. Wall Street was looking for EPS of $2.72 from sales of $1.7 billion.
May 27 (Reuters) - Wall Street's main indexes opened higher on Wednesday aided by sustained AI-driven momentum, while investors were cautiously optimistic that the U.S. and Iran would reach a deal.
Wall Street’s technology stocks looked set to lead markets higher again on Wednesday as investors piled further into the artificial intelligence trade and global equity benchmarks hit fresh record highs. Futures for the Nasdaq 100 were up 0.6% ahead of the opening bell, while contracts for...
Asian shares were mostly higher on Wednesday and oil prices fell after the U.S. stock market rose to more records. It topped 66,000 for the first time in intraday trading. Computer chip equipment maker Tokyo Electron's shares jumped 5.9% and testing equipment maker Advantest gained 5.7%.
By Junko Fujita TOKYO, May 27 (Reuters) - Japan's Nikkei share average rose to a record high on Wednesday, as gains in index heavyweight chip-related equities outweighed losses in financials and other
The U.S. stock market rose to more all-time highs and caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were “proceeding nicely” with Iran on ending their war. The Nasdaq composite climbed 1.2% to reach a record of its own. The Nasdaq composite rose 312.21 points, or 1.2%, to 26,656.18.
By Stephen Culp NEW YORK, May 26 (Reuters) - U.S. stocks rose on Tuesday, parting ways with their European counterparts, and falling WTI crude prices diverged from spiking Brent crude prices as
May 26 (Reuters) - Wall Street's main indexes opened higher on Tuesday, with AI-fueled optimism overshadowing concerns over Middle East peace talks after recent U.S. strikes on Iran.
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