Markets News
Latest stock market news and real-time market analysis. Track S&P 500, Nasdaq, and Dow Jones movements, sector rotations, and breaking market events.
Consumer Spending Surge Drives Retail Stocks Ahead of S&P 500
U.S. retail sales increased 0.2% in June, with core spending up 0.7%. Retail stocks outpaced the S&P 500, signaling resilient consumer demand.
Semiconductor ETF Plunges Below Key Support Despite TSMC's Record Earnings
The VanEck Semiconductor ETF fell 4.2% to $565.69, breaching key support, as a broad selloff in chip stocks outweighed Taiwan Semiconductor's record earnings.
Nebius Shares Tumble 12.6% as AI Strategy Shift Raises Capital Spending Concerns
Nebius shares dropped 12.6% as the company's new partner-funded AI model maintains a $20-$25 billion capex outlook, raising investor concerns about future spending.
Western Digital Plunges 11% as AI-Driven Rally in Storage Stocks Falters
Western Digital (WDC) sank 10.8% to $458.22, wiping out $19.2 billion in market cap, as the AI-storage trade cooled. The drop outpaced rivals Seagate and Micron.
Rocket Lab Shares Hit Deal Floor Despite Successful Neutron Engine Test
Rocket Lab shares dropped 11.2% to $67.63, briefly crossing the $67.50 lower collar of its Iridium deal, despite completing a full-duration Neutron engine test.
Goldman Sachs Slips 3.6% as Trading Dominates Earnings, Raising Sustainability Concerns
Goldman Sachs shares dropped 3.6% as trading revenue accounted for 73% of year-over-year growth, sparking concerns about the sustainability of its strong quarterly results.
