Friday | Dow plunges 600 points, cybersecurity stocks rally, and oil tops $116 Wall Street ended another volatile week on a negative note Friday as selling pressure spread beyond artificial intelligence stocks and rising oil prices renewed concerns about inflation. The Dow Jones Industrial Average fell more than 600 points, approximately 1.2%, while the S&P…

Thursday | Nasdaq plunges 2.6%, AI spending worries return, and oil reaches a five-month high Wall Street suffered another technology-led selloff Thursday as investors grew increasingly concerned about the enormous costs of artificial intelligence. The Nasdaq Composite plunged approximately 2.6%, the S&P 500 fell 1.2%, and the Dow Jones Industrial Average was little changed. The…

Wednesday | Technology stocks rally, SpaceX surges, and oil returns to $110 Wall Street rallied Wednesday as investors returned to technology stocks, encouraged by strong quarterly results from SpaceX and renewed enthusiasm for artificial intelligence. The Dow Jones Industrial Average gained approximately 0.7%, the S&P 500 advanced nearly 0.6%, and the technology-heavy Nasdaq Composite climbed…

Tuesday | Dow rallies, oil prices ease, and investors turn their attention to corporate earnings Wall Street finished Tuesday with mixed results as investors shifted their attention from last week’s technology selloff toward corporate earnings. The Dow Jones Industrial Average gained approximately 1%, while the S&P 500 advanced 0.3%. The technology-heavy Nasdaq slipped slightly below…

Monday | Technology stocks rebound, AI investors regain confidence, and major earnings approach Wall Street started the week with a technology-led rebound as investors returned to artificial intelligence stocks following last week’s sharp selloff. The Nasdaq Composite gained approximately 1.1%, while the S&P 500 advanced 0.4%. The Dow Jones Industrial Average finished slightly lower. Semiconductor…

The bull market turns four, AI debt rattles Wall Street, and Apple joins the $5 trillion club The American bull market celebrated its fourth birthday this week. Unfortunately, Wall Street wasn’t in much of a party mood. The rally that began on October 12, 2022, has more than doubled the S&P 500 over four years.…