Archive
- Nov 6 · Recap
Nasdaq +1.35%
RKLB +15.39%, AXON −18.18%After-close recap
Tech rebounds as Nasdaq 100 jumps 1.35%, Dow slips
Chip and AI stocks led a rebound after Thursday's rout, with the Nasdaq 100 up 1.35% while the Dow fell 0.46%. Markets weighed the October jobs report and December rate-hike odds.
- Nov 6 · Premarket
Nasdaq futures +1.43%
ABNB +13.88%, AXON −12.86%Premarket brief
Chip stocks rebound in premarket after Nasdaq's worst day in 19 months
Tech shares plunged Thursday, with the Nasdaq down more than 5.5% and entering a correction after Democrats took Congress in the midterms. Futures are mixed, with chip names bouncing premarket.
- Nov 5 · Recap
Nasdaq −6.36%
APP +31.04%, SNDK −22.26%After-close recap
AI trade unwinds as stocks post broad selloff
Fears of an unwinding in the year's most popular AI trades drove a sharp, broad selloff, with chip and data-center names hit hardest after the midterms.
- Nov 5 · Premarket
Nasdaq futures −0.78%
APP +20.49%, QCOM −11.77%Premarket brief
AI stocks under pressure as Nasdaq futures slip, Dow futures rise
Nasdaq 100 futures fell while Dow futures rose as investors rotated out of chips and data centers after the midterms. Qualcomm sank on weak guidance; AppLovin jumped on earnings.
- Nov 4 · Recap
Dow +3.03%
MOS +17.37%, FIS −23.67%After-close recap
Dow jumps 3% as stocks rally broadly
All four major indexes closed higher, with the Dow up 3.03% and the S&P 500 and Russell 2000 each up 1.58%. Mosaic and Block led gainers; FIS and Trimble led decliners.