Major indices closed unevenly Friday, with the Dow leading gains while tech-heavy Nasdaq declined 0.64% amid sector rotation. US stock indices finished Friday with divergent results, as the Dow Jones Industrial Average climbed 235.04 points, or 0.45%, to 51,952.20. The S&P
S&P 500 posts weekly loss as oil prices decline The S&P 500 edged up 0.1% on Friday. The Dow rose 0.5%, while the Nasdaq Composite declined 0.6%. The mixed close came as oil prices declined, affecting major averages.
NIO shares fell for the seventh consecutive session, closing at $4.49 as losses deepen amid broader market pressure. NIO (NIO) shares declined 3.3% to $4.49 on Friday, marking the seventh straight session of losses. The stock has dropped about 7% over the prior six session
U.S. equities closed mixed Friday amid lower Treasury yields and declining oil prices, with the S&P 500 ending near unchanged. Wall Street’s major indices finished Friday with modest moves as Treasury yields fell broadly and oil prices softened. The S&P 500 closed near eve
Legislation imposes $2,000 fines or 10% of transaction value for violations but allows existing stock holdings. The US House of Representatives passed a bill prohibiting members of Congress, their spouses, and dependent children from buying or selling publicly traded stock
The bank raised its return on assets and net interest margin forecasts after reporting Q2 core EPS of $1.66. WSFS Financial Corporation revised its 2026 financial targets upward, citing robust second-quarter performance. The bank now expects a 1.50% return on assets and a
Microsoft, Apple, Amazon, Meta, and Visa reports may set tone for AI spending, consumer demand, and H2 profit outlook. Earnings season accelerates next week with reports from 25 major companies, including Microsoft, Apple, Amazon, and Meta. Investors will focus on AI inves
Flagstar forecasts $0.40-$0.50 EPS for 2026 Flagstar Bank, National Association forecasts earnings per share of $0.40-$0.50 for 2026. The company also announced a $250 million share buyback. The buyback authorization is a sign of progress alongside the company's
Analysts argue SpaceX's valuation excludes AI contributions if shares trade at $100, as CEO Elon Musk teases new Grok models. Morgan Stanley stated that SpaceX’s share price of $100 would imply zero valuation for its artificial intelligence initiatives. The assessment high
Bank sets mid-single-digit loan growth and stable net interest margin targets while advancing TriCo Bancshares merger. First Hawaiian Inc. (FHB) projected 3% to 4% loan growth and a net interest margin (NIM) of 3.24% to 3.25% for Q2 2026. The outlook reflects management’s
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