$49.95
-0.04 (-0.08%)
XLB News30 articles
Tech-Led Rally Lifts Nasdaq 1.4% as Treasury Yields Slide
Wall Street climbed midday as lower bond yields fueled a tech-led rally. The Nasdaq gained 1.4%, while Snowflake soared 21% on strong results.
Small-Cap Futures Lead as Oil Retreats From $93
Russell 2000 futures advanced 0.73% as oil pulled back from $93, while S&P 500 and Nasdaq-100 futures also posted gains. Treasury yields slipped, and jobless claims ticked higher.
Small Caps Lead Market Rebound as Wall Street Breaks Losing Streak
Wall Street rebounded Wednesday, ending a three-day losing streak. The Russell 2000 led gains, rising 1.1%, while Snowflake surged 22% in after-hours trading.
Small Caps Lead Rally as Broader Market Gains Momentum
Small-cap stocks surged 1.3%, with the Russell 2000 outperforming the S&P 500 by 0.83 percentage point, as trading volume favored smaller companies.
Small Caps Surge 1.2% as Trading Volume Signals Broad Risk Appetite
Small-cap stocks outperformed on Tuesday, with the Russell 2000 up 1.2% on unusually high volume, while materials led sectors and tech lagged. ADP payrolls missed forecasts, but oil's rise above $90 remains a risk.
Small Caps Outperform as Tech Rally Loses Steam
Small-cap shares outperformed the broader market on Wednesday, while technology stocks faded. Oil prices and Treasury yields remained elevated, and investors awaited key jobs data.
Materials Rally Drives S&P 500 Higher; Tech Gains Offset Dow Pullback
U.S. stocks advanced at midday, with the S&P 500 up 0.56%, as materials and tech shares led gains. Dell and NVIDIA surged on positive catalysts.
Small Caps Surge as Cyclicals Outperform; Materials, Financials Lead
Small-cap stocks outpaced the broader market Wednesday as materials and financials rallied, while technology lagged. ADP jobs data missed estimates, and oil prices climbed above $90.
Stocks Trim Losses as Oil Holds Near $88 and Yields Pressurize
U.S. equities trimmed early losses by late morning Tuesday, but the Nasdaq still fell 0.76% as oil near $88 and a 4.77% 10-year yield kept pressure on valuations.
Tech Futures Slide 1.4% as Oil Tops $92, Yields Climb
Nasdaq-100 futures dropped 1.35% as oil prices surged past $92 and bond yields climbed, squeezing growth stocks. Energy led premarket gains, while most sectors declined.
30-Year Treasury Yield Surges to 19-Year High as Fed Holds Rates Steady
The 30-year Treasury yield hit a 19-year high of 5.247% after the Fed held rates steady, with real yields leading a sixth straight weekly gain.
Wall Street Edges Higher as Weak Jobs Data Eases Rate Hike Fears
US stocks rose Thursday after June payrolls missed expectations, easing fears of further Fed rate hikes. The Dow jumped 447 points, but semiconductor and tech ETFs declined.
DuPont Reverse Split Distorts Analyst Targets, Stock Drops 5%
DuPont shares fell 5.08% after a 1-for-3 reverse split, with mixed analyst targets causing valuation confusion despite reaffirmed guidance.
S&P 500 at High Valuations Stirs Crash Fears Amid Mixed Signals
The S&P 500's high valuation and mixed historical signals have sparked talk of a potential 2026 stock market crash, with AI-driven profits under pressure from rising rates.
Dow Plummets Amid Oil Spike, Dovish Fed Hopes Dim
The Dow Jones Industrial Average fell sharply Thursday, losing 428 points as surging oil prices and a less accommodative Federal Reserve outlook rattled investors.
Cleveland-Cliffs Leads Steel Sector Lower Amid Auto Demand Woes
Cleveland-Cliffs shares dropped over 5% on Friday, the steepest decline among major U.S. steel producers, as the sector faced pressure from weak automotive demand and a broader market selloff.
TSX Closed for Holiday, Investors Eye Oil, Gold, and Key CPI Data Ahead of Reopening
The Toronto Stock Exchange is closed Monday for Family Day, with trading set to resume Tuesday. Investors are monitoring commodity price shifts and awaiting key Canadian inflation data.
Materials Sector Gains on Inflation Data, Steel Slumps on Tariff Fears
The materials sector advanced Friday as a cooler inflation reading boosted sentiment, though steel and aluminum stocks retreated amid renewed tariff concerns. Copper prices held firm despite a significant build in exchange inventories.
Materials Sector Gains Amid Tariff Uncertainty, Gold Jumps
The materials sector advanced Friday despite pressure on steel producers from tariff speculation, while gold rallied sharply on renewed rate cut hopes.
Materials Sector Surges as Investors Eye Key Economic Data
Basic materials stocks rallied sharply Friday, led by metals and mining shares, as traders rotated into cyclical sectors ahead of critical U.S. jobs and inflation reports.
Materials Sector Rallies as Copper Hits $5.88, Eyes on Jobs and CPI Data
The materials sector surged Friday, led by miners, with copper rising to $5.88 per pound. Investors now await key labor and inflation reports next week that could impact commodity prices.
MP Materials Slides 4.3% on Shenghe Takeover Speculation
MP Materials shares dropped 4.3% on reports of China Rare Earth's takeover talks with Shenghe Resources, which owns 3% of MP. The move highlights supply-chain security concerns.
5E Advanced Materials' Searles Valley Buy: Stock, Debt, and Bridge Financing
5E Advanced Materials' acquisition of Searles Valley involves a mix of cash, stock, and debt, with a $10M bridge loan. The deal's value fluctuates with FEAM's share price.
Applied Materials Shares Slide 5% on Flat Margins Despite Strong Guidance
Applied Materials (AMAT) dropped 5.2% despite strong Q4 revenue guidance, as unchanged gross margins raised questions about its 32x earnings valuation.
Applied Materials Shares Slip 5% Despite Strong Q3 Beat
Applied Materials beat Q3 estimates but shares fell 4.9% on growth concerns. Nasdaq futures edged higher as AI enthusiasm persists.
Applied Materials Q4 Revenue Forecast Beats Estimates, Stock Falls
Applied Materials issued a Q4 revenue outlook that beat Wall Street estimates, yet shares fell nearly 3% after hours as investors weighed whether AI-driven growth is already priced in.
Chip Stocks Rally Broadly Ahead of Inflation Data and Applied Materials Earnings
The PHLX Semiconductor Index surged 3% on Wednesday, with broad participation. Markets now turn to PPI data and Applied Materials' earnings to gauge the AI-led recovery.
Applied Materials Rallies 6.2% as Investors Eye Cash Flow in Upcoming Earnings
Applied Materials (AMAT) climbs 6.2% ahead of earnings, but free cash flow lags. Investors watch for cash conversion improvements as a key growth signal.
MP Materials Q2 Preview: Price Support Dominates Earnings Outlook
MP Materials (NYSE:MP) reports Q2 earnings Thursday with Q1 price-protection income topping EBITDA. Analysts expect a loss despite surging NdPr sales.
Trump Defense Orders Highlight MP Materials' Rare-Earth Readiness Gap
New U.S. defense directives from Donald Trump highlight MP Materials' lag in rare-earth preparedness versus competitors. MP gained 1.0% while USA Rare Earth and Critical Metals declined.