Stocks have moved sharply lower during trading on Thursday, with the major averages all moving to the downside following the mixed performance seen in the previous session.The tech-heavy Nasdaq has shown another particularly steep drop, tumbling to its lowest intraday level in well over two months.Currently, the major averages are just off their lows of the session. The Nasdaq is down 356.26 points or 1.6 percent at 22,548.32, the S&P 500 is down 86.37 points or 1.3 percent at 6,796.35 and the Dow is down ...

Group 1 - SLB N.V. is highlighted as a significant stock in the S&P 500, gaining 26% in January, making it a strong performer in the energy sector [1] - The company's performance is seen as a good proxy for the broader energy sector, despite skepticism regarding oil prices due to political policies [1] - SLB provides technology and services for the energy sector, including solutions in field development, hydrocarbon production, carbon management, and energy system integration [3] Group 2 - The company delivers technologies for well construction, reservoir evaluation, drilling, and production optimization [3] - There is a belief that certain AI stocks may offer greater upside potential compared to SLB, indicating a competitive landscape in investment opportunities [4]

After failing to sustain an early move to the upside, the major U.S. stocks indexes quickly gave back ground and spent much of the rest of Wednesday's session lingering near the unchanged line. The major averages eventually ended the day narrowly mixed. While the S&P 500 edged down 0.57 points or less than a tenth of a percent to 6,978.03, the Dow crept up 12.19 points or less than a tenth of a percent to 49,015.60 and the Nasdaq rose 40.35 points or 0.2 percent to 23,857.45.The choppy trading on Wall Stre ...

The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to extend the upward move seen over the two previous sessions.Semiconductor stocks may continue to lead the higher after turning in some of the best performances during Tuesday's session.U.S.-listed shares of ASML (ASML) are surging 5 percent in pre-market trading after the Dutch semiconductor equipment giant reported strong fourth quarter results and provided upbeat 2026 guidance.South Korea's SK Hynix al ...

Following the upward move seen in the previous session, the major U.S. stock indexes moved in starkly opposite directions during trading on Tuesday. While the Nasdaq and the S&P 500 saw further upside, the narrower Dow showed a notable pullback.The Nasdaq jumped 215.74 points or 0.9 percent to a nearly three-month closing high of 23,817.10, and the S&P 500 climbed 28.37 points or 0.4 percent to a record closing high of 6,978.60.Meanwhile, the Dow ended the day off its worst levels of the session but still ...

Economic Indicators - The U.S. consumer price index increased by 0.3 percent in December, aligning with economist expectations [2][31] - Core consumer prices, excluding food and energy, rose by 0.2 percent in December, slightly below the expected 0.3 percent increase [2][31] - The annual growth rate of consumer prices remained unchanged at 2.7 percent in December, consistent with November's rate [2][32] - The annual growth rate of core consumer prices also held steady at 2.6 percent, while an increase to 2.7 percent was anticipated by economists [3][32] Stock Market Performance - Major U.S. stock indices are projected to open slightly higher, following a recovery from an initial pullback [1] - The Dow Jones rose by 86.13 points (0.2 percent) to close at 49,590.29, while the Nasdaq increased by 62.56 points (0.3 percent) to 23,733.90, and the S&P 500 climbed by 10.99 points (0.2 percent) to 6,977.27 [5] - The NYSE Arca Computer Hardware Index surged by 5.0 percent, indicating strong performance in the computer hardware sector [10] Federal Reserve and Interest Rates - The Federal Reserve is expected to maintain interest rates at its upcoming meeting, with potential cuts of at least a quarter point anticipated in the following months [10] - Concerns regarding the Federal Reserve's independence have arisen due to subpoenas served by the Department of Justice related to Fed Chair Jerome Powell's testimony [6][7] - Powell described the subpoenas as "unprecedented," attributing them to pressure from President Trump regarding interest rate policies [8] Commodity Markets - Crude oil futures increased by $1.15 to $60.65 per barrel, while gold futures rose by $8.10 to $4,622.80 per ounce [12]

Economic Indicators - The U.S. non-farm payroll employment rose by 50,000 jobs in December, following a downwardly revised increase of 56,000 jobs in November, which was below economists' expectations of a 60,000 job increase [2][22] - The unemployment rate decreased to 4.4 percent in December from a revised 4.5 percent in November, contrary to expectations of a drop to 4.5 percent from the originally reported 4.6 percent [2][3][23] Stock Market Performance - Major U.S. stock indexes showed mixed performance, with the Dow increasing by 270.03 points (0.6 percent) to 49,266.11, while the Nasdaq fell by 104.26 points (0.4 percent) to 23,480.02 [4][5] - Energy stocks experienced significant gains, with the Philadelphia Oil Service Index rising by 4.3 percent and the NYSE Arca Oil Index increasing by 3.6 percent due to a spike in crude oil prices [6] Commodity and Currency Markets - Crude oil futures rose by $0.26 to $58.02 per barrel, following a previous spike of $1.77 [8] - The U.S. dollar strengthened against the yen, trading at 157.46 yen, and was valued at $1.1647 against the euro [9] Asian Market Trends - Asian stocks rose broadly, with China's Shanghai Composite Index advancing by 0.9 percent to 4,120.43, driven by consumer inflation data [13] - Japan's Nikkei 225 Index jumped by 1.6 percent to 51,939.89, supported by strong earnings from Fast Retailing [14] European Market Developments - European stocks moved mostly higher, with the French CAC 40 Index up by 1.1 percent and the U.K.'s FTSE 100 Index up by 0.8 percent, following positive industrial output data from Germany [18] - Mining giant Glencore surged amid preliminary discussions for a possible merger with Rio Tinto, which saw a decline in its stock [19]

Stocks have moved mostly higher during trading on Monday, extending the strong upward move seen over the two previous sessions. The major averages have all moved to the upside after turning in a mixed performance last week.Currently, the major averages are off their highs of the session but still in positive territory. The Dow is up 192.44 points or 0.4 percent at 48,327.33, the Nasdaq is up 92.70 points or 0.4 percent at 23,400.32 and the S&P 500 is up 30.46 points or 0.5 percent at 6,864.96.The continue ...

Market Overview - Major U.S. index futures indicate a higher open on Monday, suggesting a potential recovery from last Friday's significant weakness, particularly in tech stocks [1] - Trading activity may remain subdued as traders anticipate key U.S. economic data releases in the coming days [1] Economic Data Releases - The monthly jobs report for November and October retail sales data are set to be released on Tuesday, while consumer price inflation data for November is scheduled for Thursday [2] - These reports could influence the outlook for interest rates following the Federal Reserve's recent monetary policy announcement, which included a quarter-point rate cut [2] Stock Market Performance - On Friday, stocks experienced a notable decline, with the Nasdaq dropping 398.69 points (1.7%) to 23,195.17 and the S&P 500 falling 73.59 points (1.1%) to 6,827.41 [3] - The Dow posted a more modest loss of 245.96 points (0.5%) to 48,458.05 after reaching a new record intraday high earlier in the session [4] - For the week, the Dow increased by 1.1%, while the S&P 500 decreased by 0.6% and the Nasdaq fell by 1.6% [4] Sector Performance - Broadcom (AVGO) led the tech sector lower, plunging over 11% despite reporting better-than-expected fiscal fourth-quarter results and providing positive guidance [5] - Other tech stocks, including Micron Technology (MU), Oracle, AMD, and Nvidia, also saw significant declines, indicating a continued rotation out of tech stocks [5] - The NYSE Arca Computer Hardware Index experienced a 5.2% drop, reflecting poor performance in computer hardware stocks [7] International Market Reactions - Asian stocks fell as investors expressed concerns over tech valuations and reacted to disappointing economic data from China [10] - Chinese industrial production grew 4.8% year-on-year in November, missing forecasts, while retail sales rose only 1.3%, significantly below expectations [12] - The Japanese market also declined, with the Nikkei 225 Index dropping 1.3% amid concerns over tech share valuations [13] European Market Trends - European stocks mostly moved higher ahead of a busy week for U.S. economic data and central bank decisions, with the German DAX Index up by 0.3% and the U.K.'s FTSE 100 Index rising by 1.0% [18][19] - However, technology company Royal Philips and pharmaceutical firm Sanofi faced declines due to corporate news impacting their stock prices [19][20]

Market Performance - Stocks initially extended the previous day's sell-off but showed a significant recovery attempt, with the Nasdaq and S&P 500 reaching positive territory [1] - The Nasdaq is up 66.30 points (0.3%) at 22,936.66, and the S&P 500 is up 0.97 points (less than 0.1%) at 6,738.46, while the Dow is down 325.87 points (0.7%) at 47,131.35 [2] Sector Performance - Tech heavyweights Nvidia (NVDA), Tesla (TSLA), and Advanced Micro Devices (AMD) have rebounded after initial weakness, with Palantir Technologies (PLTR) shares jumping by 1.1% after hitting a two-month low [3] - Computer hardware stocks rebounded significantly, with the NYSE Arca Computer Hardware Index surging by 3.0% after a 7.0% drop on Thursday [5] - Energy stocks are showing strength due to a spike in crude oil prices, with both the Philadelphia Oil Service Index and NYSE Arca Oil Index gaining 1.4% [6] - Airline stocks are continuing their slump, dragging the NYSE Arca Airline Index down by 1.5% [6] - Gold stocks are experiencing notable weakness, with the NYSE Arca Gold Bugs Index declining by 1.2% due to a steep drop in gold prices [7] Global Market Trends - Stock markets in the Asia-Pacific region mostly moved lower, with Japan's Nikkei 225 Index down by 1.8% and China's Shanghai Composite Index down by 1.0% [7] - Major European markets also declined, with the U.K.'s FTSE 100 Index down by 1.2%, the French CAC 40 Index down by 0.9%, and the German DAX Index down by 0.7% [8] Bond Market - In the bond market, treasuries pulled back near the unchanged line after initial strength, with the yield on the benchmark ten-year note up by less than a basis point at 4.117% after hitting a low of 4.065% [8]