[Chart courtesy of MarketWatch.com] The S&P 500 briefly touched a fresh record high early in the session, riding the momentum of semiconductor stocks extending their longest winning streak on record. That early strength didn’t fully carry through the day, though, as the broader market turned mixed, and traders weighed the latest developments out of the Middle East. Geopolitics stayed front …
Tech Takes Charge As Markets Look Past The Noise
[Chart courtesy of MarketWatch.com] Stocks pushed higher early after President Trump announced an extension of the U.S. ceasefire with Iran, and a solid batch of earnings reports helped keep sentiment upbeat. The move gave markets a sense of breathing room, even if the situation remains far from resolved. Shortly after Tuesday’s close, Trump said he would extend the ceasefire, citing …
From Early Optimism To Late‑Day Anxiety
[Chart courtesy of MarketWatch.com] A positive start to the day fizzled out quickly, with the major indexes sliding into the red as traders waited for fresh developments out of the Middle East. With the current ceasefire set to expire on Wednesday, uncertainty once again took center stage. President Trump told CNBC that he expects the U.S. and Iran to reach …
Ceasefire Expiration Looms – Markets Tread Carefully
[Chart courtesy of MarketWatch.com] The major indexes opened lower as tensions between the U.S. and Iran heated up over the weekend, but traders are still holding onto hope that the two sides will eventually reach some kind of compromise. President Trump announced on Sunday that the U.S. had seized an Iranian-flagged cargo ship in the Gulf of Oman, and he …
Stocks Rebound Strongly – Iran Deal Optimism Fuels Gains
[Chart courtesy of MarketWatch.com] The S&P 500 and Nasdaq slipped after hitting fresh record highs earlier in the session, but they recovered nicely by the close. Both indexes are on track for a strong week, with the S&P up about 3% and the Nasdaq gaining more than 4%, while the Dow is up around 1%. Milestones were hit on Wednesday: …
Tech-Driven Rally Continues – Metals & Bitcoin Sideways
[Chart courtesy of MarketWatch.com] The S&P 500 and Nasdaq got off to a strong start, with the S&P moving to a new all-time intraday high as traders stayed hopeful that a deal to end the U.S.-Iran war could materialize soon. Broadcom was one of the standout performers, rising 3% after Meta extended its partnership to deploy custom chips using Broadcom’s …