Despite a recent pullback in technology stocks, broader market participation remains encouraging, with most S&P 500 sectors advancing. Combined with resilient consumer spending trends, the backdrop continues to support a positive long term view. https://t.co/ndyf4t2FhH
Stocks are coming off a choppy session that saw the major averages finish mostly lower following a sharp selloff across tech names. Solid rotation into the broader market helped limit losses at the index level.
Read more in the Morning Brew. https://t.co/PSnBY4IeFU
Equity futures point to a higher opening as semiconductor stocks look to extend Monday's rebound.
The group led the major averages to a higher finish yesterday, though broader market strength steadily deteriorated.
Read more in the Morning Brew. https://t.co/Te44lV9ixu
Equity futures point to a higher opening this morning after a tech-driven selloff on Friday that snapped a nine-week win streak for the S&P 500.
Read more in the Morning Brew. https://t.co/2HyKZqcn7Z
Job growth surprised to the upside again in May, reinforcing expectations that policy easing may remain on hold. CIO Larry Adam shares perspective on today's market-moving headlines in Up & Adam. https://t.co/h8feYfmZO7
Rising tech valuations and AI optimism have drawn comparisons to the dot-com era. In Weekly Headings, Chief Investment Officer Larry Adam shares five key market distinctions: https://t.co/YQr86djUh9
Headlines are relatively quiet this morning, including on the geopolitical front. Crude oil is little changed, and reports continue to indicate limited negotiation progress between the U.S. and Iran.
Read more in the Morning Brew. https://t.co/D0ArwnVtSw
The information technology sector lagged yesterday, with weakness across software names and a poor showing from mega-cap stocks.
Equity futures point to a lower opening this morning.
Read more in the Morning Brew. https://t.co/9JCG76vVl1
A string of positive economic data has lifted Citi's US Economic Surprise Index to its highest level since October 2023. In today's Up & Adam, CIO Larry Adam provides perspective on this and other developments in tariff policy, private credit and more. https://t.co/sx22pK9MmG
The current stretch of 9 consecutive positive weeks is one of the longest historically. Since 1980, there have only been a handful of 8+ consecutive weekly gains.
Read more in the Weekly Market Guide. https://t.co/bUelN0DpQd
NBC News reports that Iran launched rocket and drone attacks in the Persian Gulf, and the U.S. conducted self-defense strikes on Iran's Qeshm Island.
Equity futures point to a lower opening this morning.
Read more in the Morning Brew. https://t.co/vVx8Hv0IVu
Job openings rose to the highest level in 17 months. Meanwhile, retailers have reported signs of strain among lower-income consumers amid inflation pressures. CIO Larry Adam shares perspective on today's market-moving headlines in Up & Adam. https://t.co/0DyIChIJ2X
Tech names are poised to extend recent gains, with a technology hardware company up big in premarket trading, being the latest AI-infrastructure name to rocket higher after a blowout earnings report.
Read more in the Morning Brew. https://t.co/D6yBWIUgRO
Equity futures point to a higher opening this morning as stocks look to add to their recent gains that saw the major averages close at record highs on Friday, marking the ninth consecutive winning week for the S&P 500.
Read more in the Morning Brew. https://t.co/JbMaBBLwTO
Reaching an eight-week streak of positive growth, the S&P 500 was on a roll in May. Strong earnings in the tech sector helped lead the way as the market pushed ahead through inflationary pressures. Get the details in the May market recap: https://t.co/FpOiooaTi1