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Stock Market Today: The Dow Jones index rises Friday ahead of a pivotal July jobs report. AI name Cloudflare stock soars on earnings.
US equity futures were edging higher pre-bell Friday as traders stood by for July's national jobs re
Futures pointed higher Friday morning as traders awaited payrolls data, with the Nasdaq on pace for its best week since May
Wall Street futures pointed moderately higher pre-bell Friday as traders awaited the national jobs r
U.S. stocks haven't had a week this strong for months. The S&P 500 and Dow are up 2.9% and 2.7%, respectively, through Thursday—putting both on track for their largest weekly gains since the week ending April 17.
Wall Street awaited the July jobs report for a fresh picture of the labor market.
Wall Street awaited the July jobs report for a fresh picture of the labor market.
Aug 7 (Reuters) - S&P 500 and Dow futures were little changed on Friday ahead of a key U.S. jobs report that could influence the interest-rate outlook, while Nasdaq futures rose as Microchip
Investors stood their ground ahead of a hotly anticipated jobs report and potential progress in Middle East talks.
US stock futures traded close to unchanged on Friday as investors awaited the latest employment data, a key release that could influence the Federal Reserve’s next interest rate decision. Markets were also monitoring renewed geopolitical tensions in the Middle East following a fresh Houthi attack on Saudi Arabia, while reports suggested Iran and Oman are nearing an agreement over shipping through the Strait of Hormuz.
The bond market is telling quite a tale for those willing to listen.
<body><p>STORY: Stocks fell Thursday, pausing after a strong start to the week.</p><p>The Dow dropped close to one percent. The S&P 500 slid about two tenths and the Nasdaq was basically flat.</p><p>Investors digested the latest round of corporate earnings and looked for signs of progress toward a peace deal between the U.S. and Iran.</p><p>Strong corporate results so far have tempered some concerns about the massive spending by AI-related companies.</p><p>Ben McMillan, chief investment officer with IDX Advisors, says AI will likely continue to push stocks higher though investors have broadened their view of who is likely to benefit from the growth of the technology.</p><p>“So I think the AI trade broadly is still very much intact. I do think investors, and we're hearing this from our investors and others that we talked to, are going to be a little bit more discerning, they're going to be more judicious, they're going to start looking at maybe much more the picks and shovels plays we're hearing a lot more interest in things like you know uranium and power providers as you know an AI play as well as things like photonic stocks and you know not necessarily just betting on you know chips or semiconductors.”</p><p>Stocks on the move included data storage company Western Digital which tumbled 13% and memory chip maker Sandisk which dropped nearly seven percent in the wake of quarterly results. </p><p>Both companies have surged this year, however, with Sandisk up more than 400% and Western Digital up about 160%.</p><p>And SpaceX erased losses from earlier in the session and closed six percent higher, defying expectations that shares would be pressured by insider selling, as the lockup period for early investors holding the stock expired.</p><p>On the data front, the number of Americans filing claims for unemployment benefits increased slightly last week. </p><p>The report came ahead of closely watched nonfarm payrolls figures for July due on Friday, which will shape expectations for the Fed's path of interest rates at a time when Chairman Kevin Warsh has scaled back on forward guidance from the central bank.</p></body>
On Aug. 6, 2026, the voice AI platform posted $61.9M quarterly revenue and extended its post-earnings rally on expanded partnerships across multiple sectors.
Dow Jones futures: The market pauses, but what happens next? Don't buy these AI stocks yet. Cloudflare, Sezzle lead big earnings movers late.
U.S. stocks fell in a jittery session amid doubts about the reopening of the Strait of Hormuz. The broad S&P 500 lost 13.59 points, or 0.18%, to 7709.96 and the tech-heavy Nasdaq Composite declined 15.09 points, or 0.06%, to 26348.35. U.S.-traded oil futures gained $2.07, or 2.8%, to $77.29 a barrel as trepidation about the Strait of Hormuz grew.
With the July jobs report looming, the Dow’s winning streak finally ran into a wall. The Dow Jones Industrial Average fell 464 points, or 0.9%. The S&P 500 dropped 0.2%. The Nasdaq Composite dipped 0.
Aug 6 (Reuters) - The benchmark S&P 500 and the Nasdaq opened lower on Thursday, weighed by a drop in technology stocks as strong forecasts from Western Digital and Sandisk failed to impress, while
Wall Street was predicted to see a mixed open on Thursday, as another batch of technology earnings undermines confidence and apparent progress towards an Iran deal raises fears of yet another false dawn. Dow Jones futures were up 57 points, or 0.1%, with the blue-chip index on course to build...
Stock Market Today: The Dow Jones index rises, while tech futures drop as AI stocks Sandisk and Western Digital plunge on earnings.
Aug 6 (Reuters) - S&P 500 and Dow futures were steady on Thursday after this week's record-breaking rally as investors awaited details on a Middle East peace deal, while Nasdaq futures slipped as
Investing.com - A selloff in Asian technology shares gathered pace on Thursday, following sharp losses in SpaceX and Advanced Micro Devices that renewed skepticism over the sustainability of returns from the AI investment boom.
U. S. stock index futures traded with little direction on Thursday as investors monitored diplomatic developments involving Iran, assessed another round of corporate earnings and looked ahead to key labour market data due later this week.
Chip stocks fell in Asia and the U.S. as investors once again grew nervous about the durability of artificial-intelligence spending, while oil held steady in early European trade.
A modest silver lining for headline inflation is overshadowed by one of the central bank's favorite inflationary measures.
Wall Street hit a milestone on Aug. 4 that would normally silence the skeptics. The S&P 500 closed at a record high for the first time since June, and the Nasdaq Composite followed. Both were powered by stronger-than-expected corporate earnings and falling oil prices tied to hopes the Strait of ...
By Satoshi Sugiyama TOKYO, Aug 6 (Reuters) - Asian shares took a breather on Thursday after an AI-driven surge the previous day, while oil prices traded in a tight range as markets assessed prospects
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