- Major cryptocurrencies and related equities climbed on Monday, with Bitcoin nearing $80,000 and Ethereum reaching a seven-month high.
- The global crypto market capitalization increased by 2.36 % to reach $2.68 trillion, while over $420 million was liquidated in 24 hours.
- Analyst Ali Martinez noted that Bitcoin reclaimed its 1,130-day simple moving average, a historical indicator that previously signaled the start of new bull markets.
- The NASDAQ Composite Index fell 200.26 points, or 0.76%, to close at 25980.19 based on preliminary market values.
- This decline marks the index down for five of the past seven trading sessions and 4.11% off its record close of 27093.90 reached on June 2, 2026.
- Despite the daily drop, the index remains up 11.78% year-to-date and 21.12% higher compared to 52 weeks ago.
- Major U.S. indexes closed mixed on Monday, with specific stocks like Nvidia, Bloom Energy, SanDisk, Expion Energy, and Visa drawing significant investor attention amid various market catalysts and financial disclosures.
- Nvidia shares fell 2.91 % ahead of an earnings report, while Bloom Energy and Visa saw increased interest following high-profile stock purchases by political figures.
- SanDisk declined 6.45 % amid a tech sector pullback, and Expion Energy surged 80.49 % after acquiring an oil and gas exploration prospect in Louisiana for $ 3.425 million.
- U.S. stocks finished higher on Friday, with the Dow Jones jumping over 500 points as Treasury yields ceased climbing and investor sentiment improved.
- Despite Friday’s gains, major indices including the S&P 500, Nasdaq, and Dow all recorded weekly losses, ending prior winning streaks.
- Economic data showed S&P Global’s flash composite PMI rising to 56.0 in August, marking the strongest reading in 52 months.
- U.S. stocks settled mixed on Monday with the Nasdaq falling around 200 points amid a slide in chip stocks, while the CNN Money Fear and Greed Index remained in the neutral zone at a reading of 55.
- Key stock movements included declines in Micron Technology and Advanced Micro Devices, alongside losses for Applied Optoelectronics and XPeng following earnings and financial disclosures.
- President Donald Trump announced plans to increase tariffs on all automotive products and steel to 50 % starting January 1, 2027.
- U.S. stocks traded mixed on Monday, with the Dow rising 0.10% while the Nasdaq and S&P 500 fell 0.63% and 0.30% respectively.
- The Chicago Fed National Activity Index dropped to -0.08 in July from 0.06 in June, signaling a slight deterioration in economic activity.
- European and Asian markets closed mostly lower, while commodities saw oil fall 1.5% to $85.80 and gold rise 1.1% to $4,731.30.
- The U.S. stock indices ended mixed, with the Dow rising 0.26% to 53,417.16 while the Nasdaq fell 0.76% and the S&P 500 dropped 0.28%.
- AI hardware and memory stocks experienced significant sell-offs, as the Philadelphia Semiconductor Index dropped 2.7% and Micron Technology fell 5.83%.
- Market sentiment was weighed down by collapsing U.S.-Canada trade talks and threats of a 50% tariff on Canadian automobiles.
- Wall Street stocks shifted downward on Monday following a previous session rebound, driven by weakness in the technology sector ahead of Nvidia's earnings.
- The Nasdaq declined by 157.68 points or 0.6 percent to 26,022.78, while the S&P 500 fell 20.77 points or 0.3 percent to 7,653.60.
- Despite sliding into negative territory, both the Nasdaq and the S&P 500 managed to move off their session lows, whereas the Dow bucked the broader downtrend.
- Stocks experienced fluctuations throughout Monday's trading session and maintained a negative bias.
- The tech-heavy Nasdaq dropped 200.26 points or 0.8 percent to close at 25,980.19, marking its lowest closing level in three weeks.
- The S&P 500 also declined by 21.51 points or 0.3 percent to finish the day at 7,652.86.
- The Dow Jones Industrial Average rebounded by 135 points at midday while the Nasdaq Composite fell 185 points due to tech sector weakness and proposed 50% tariffs on Canadian auto imports.
- Key market movements included Samsara shares rising after a price target hike, Strategy Inc. gaining 7.9% following the announcement of a $1.59 billion USD cash pool, and Applied Optoelectronics dropping over 10% on a $600 million equity offering.
- Broader market performance was weighed down by declines in chip stocks and memory-related equities, offsetting the positive impact of falling bond yields.
- U.S. stocks closed higher on Friday as investors sought stability following a recent selloff, though all three major indexes still posted weekly losses.
- The Dow Jones Industrial Average rose 517.80 points to 53,277.01, the S&P 500 gained 33.21 points to 7,674.37, and the Nasdaq Composite added 113.28 points to 26,180.45.
- Long-dated Treasury yields continued to climb with the 10-year yield up over 3 basis points at 4.734%, while investors awaited Federal Reserve Chair Kevin Warsh's upcoming speech at Jackson Hole.
- Stocks declined over the week as rising bond yields and oil prices pressured markets, while the S & P 500 fell 1.43 % and the Nasdaq dropped 2.05 %.
- The portfolio maintained its conviction in AI and retail stocks despite volatility, adding to positions in GE Vernova, Cadence Design Systems, Micron, and TJX Companies.
- Home Depot delivered a strong quarter with same-store sales rising 1.7 %, while tech holdings like Broadcom faced competition and debt-financing scrutiny.