Solid Earnings Extend Market Rally to Eighth Week

Wall Street indexes hovered near record highs, despite geopolitical tensions in the Middle East, worries of inflation at home, and rising risks of global stagflation.

INTU NVDA WMT

Optimism Prevailed On Wall Street as Investors Overlooked Inflation and Geopolitical Risks

The average mortgage rates jumped higher by 10 basis points to 6.56%, tracking Treasury yields. Crude oil prices declined 3%, and AI-driven stocks advanced ahead of Nvidia's earnings.

LOW TGT CAVA NVDA

Chip Stocks Led Decliners On Wall Street as Benchmark Indexes Stayed Near Recent Record Highs

Wall Street benchmark indexes declined for the second session in a row, and chipmakers led the decliners. Rising risks of global stagflation and uncertainties linked to the Trump administration's trade policies weighed on the market sentiment.

AKAM HD

US Indexes Stay Elevated Amid Escalating Stagflation Risks

Optimism prevailed on Wall Street, despite the stalled peace process in the Middle East, and AI hyperscalers hovered near record highs.

Investors Overlook Brewing Inflationary Forces and Pour Capital In AI Trade

Wall Street indexes hovered near record highs as investors continued to pour fresh capital into artificial intelligence trades. Retail and food services sales in April soared as businesses passed on higher costs to consumers.

DOCS CSCO

Global AI Trade Continues to Bloom On Wall Street, Hot Inflation Reports Keep Indexes Under Pressure

Tech-powered rally on Wall Street retained its momentum, and semiconductor stocks extended their seven-week gains. The producer price index in April soared at the fastest pace since December 2022.

NVDA

Solid Earnings Power Record Rally On Wall Street, investors Overlooked Inflation Acceleration

Wall Street indexes hovered near record highs amid solid earnings and a resilient job market, and investors overlooked resurgent inflationary forces.

GTLB GME

AI and Semiconductor-Powered Global Rally Shows No Signs of Losing Steam

Benchmark indexes in New York rested near record highs, semiconductor-linked stocks retained an upward bias, and crude oil rebounded on Monday.

Tech-Dominated Benchmark Indexes Hovered at New Record Highs

Wall Street indexes retained an upward bias after scaling new highs in the previous session, and investors overlooked uncertainty in the Middle East.

DASH Z ARM MCD WHR

Earnings and Hormuz Optimism Propel Wall Street indexes to New Record Highs

U.S. stocks advanced and attempted to create new record highs amid hopes of a peace deal between the U.S. and Iran, which could pave the way to normalize the ocean trade in the Strait of Hormuz.

AMD

U.S. Indexes Stayed Near Record Highs Overlooking Oil Volatility and Hormuz Risks

Wall Street indexes hovered near record highs amid earnings optimism, and investors overlooked escalating tensions in the Middle East.

DUOL

Tech Leaders Confirm AI Investment Plans After Strong Quarterly Results

Leading tech companies reported sharply higher revenue and earnings in their latest quarters and signaled an elevated level of investment in artificial intelligence infrastructure.

GOOG AMZN MSFT META

AI-Driven Tech Stocks Lead Gainers On Wall Street

The Federal Reserve is widely expected to hold its key lending rate range unrevised and may lower its economic growth estimate and raise its inflation outlook.

SBUX STX NXPI YUM

U.S. Investors Reacted to Latest Earnings Reports, Tech Stocks In Focus

U.S. stocks traded in a tight range ahead of tech earnings, crude oil prices advanced for the seventh session in a row, and gold prices dropped to a one-month low.

Investors Held Out for Higher Record Highs Ahead of Mag 7 Earnings This Week

Wall Street indexes hovered at record highs ahead of the Fed's rate decisions and quarterly results from key technology companies.

DPZ MSFT META GOOG AMZN AAPL