US stocks rose on Friday, extending a recent rally, as investors welcomed fresh signs of de-escalation in the Middle East conflict and improving prospects for a ceasefire. The Dow Jones Industrial Average climbed 686 points, or 1.4%, while the S&P 500 advanced 0.77% and the Nasdaq 100 gained 0.73%. Ceasefire hopes lift sentiment Investor sentiment
Shares of Netflix tumbled on Friday after the streaming giant issued weaker-than-expected guidance for the current quarter, overshadowing a strong first-quarter earnings beat and triggering a sharp selloff in premarket trading. The stock fell about 10.53% to $96.44 after the market opened on Friday, even as broader market sentiment improved on easing geopolitical tensions. The
Brent crude oil prices plummeted more than 10% to slip below $90 per barrel on Friday on increasing hopes that the US and Iran would strike a peace deal. Brent crude fell below $90 per barrel for the first time since March 11 as the US and Iran prepared for more talks during the weekend,
Shares of Tesla advanced in early trading on Friday, putting the stock on track to end an extended losing streak as investor sentiment improved ahead of earnings and on easing geopolitical concerns. The stock rose 1.6% to $392.00, extending a recent rebound that has seen shares climb about 13% over the past five days. The
Shares of Apple Inc. rose 2% on Friday, supported by strong iPhone shipment data from China that underscored the company’s resilience in a challenging smartphone market. The stock gained, even as broader concerns around slowing demand and rising component costs continued to weigh on the sector. The move comes despite Apple stock remaining down year-to-date.
Shares of Voyager Technologies moved sharply higher in premarket trading on Thursday after the company was selected by NASA for a private astronaut mission to the International Space Station. The stock rose about 6% to $31.8 ahead of the opening bell, extending gains from after-hours trading where shares climbed as much as 9.5%. NASA mission
The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued resilience in the labour market even as businesses remain cautious about hiring amid rising geopolitical risks. Initial claims for state unemployment benefits dropped by 11,000 to a seasonally adjusted 207,000 for the week ended April 11, according to data
Wall Street opened higher on Thursday, extending the momentum from a strong prior session that saw the benchmark indices reach record levels. Investor sentiment has been buoyed by hopes that geopolitical tensions in the Middle East may ease, alongside a steady flow of corporate earnings that continue to signal resilience in the US economy. The
PayPal stock price has staged a strong comeback in the past few weeks as investors went bargain-hunting. PYPL also jumped as investors priced in a potential acquisition. It rose to $50 on Wednesday, its highest level since February this year. PayPal stock has soared amid bargain hunting The ongoing PYPL stock surge has coincided with
Japan should gradually raise interest rates while keeping fiscal support targeted, a senior official from the International Monetary Fund said on Thursday, highlighting resilience in the country’s domestic economy. The remarks come ahead of the Bank of Japan’s upcoming policy meeting later this month, where policymakers are expected to assess economic headwinds alongside inflationary pressures