Traders are gearing up for a busy week of corporate earnings results from the mega-cap technology stocks this week. This will come alongside a slew of economic data reports and a monetary policy decision from the Federal Reserve.
Stocks notched slim gains in rangebound trading on Thursday, stretching an improbable win streak into a third day as traders struggled to decipher the meaning behind a surprise rise in unemployment.
Stocks rallied on Wednesday, adding gains for a second consecutive day as investors calibrated a resurgence of COVID-19 cases against a red-hot economic expansion that continues to show momentum.
Stocks rallied on Tuesday, with Wall Street recouping most of the previous session's steep losses, as bargain-hunting momentarily counterbalanced rising COVID-19 infections.
Rising concerns about inflation and the resurgence of COVID-19 infections among the unvaccinated walloped Wall Street on Monday, with major benchmarks suffering their worst declines since May, even as quarterly earnings continue to reflect a strengthening economic rebound.
This week, earnings season is set to ramp up, offering investors a fuller picture of the extent of the rebound in corporate profits as social distancing standards eased. Data on the housing market will also be in focus.
Stocks dipped on Thursday as investors digested a host of mixed corporate earnings results and reassurances from monetary policymakers that the latest spike in inflation would likely prove temporary. Global data was also in focus, with a weaker-than-expected GDP report out of China pointing to a marked growth slowdown.
Stocks ended mixed on Wednesday as investors digested a batch of second-quarter corporate earnings results and another set of inflation data.
U.S. stocks fell to reverse course on Tuesday, with the S&P 500 pulling back from a record high as investors monitored an early batch of corporate earnings results. Inflation was also back in focus and new data showed consumer prices surged by the most since 2008 in June.
U.S. stocks shook off earlier losses to end at record levels on Monday as investors awaited signs of a further rebound in corporate profits with the start of second-quarter earnings season this week.
Investors are gearing up for a busy week, with the start of second-quarter earnings season and an onslaught of new economic data on deck.
Stocks dipped on Thursday to give back gains after a record-setting session, with investors nervously eyeing signs that the economic recovery might get derailed.
Stocks gained to end at records on Wednesday, closing out a choppy session higher after the Federal Open Market Committee's June meeting minutes signaled a split on the timing for rolling back crisis-era monetary policies.
Stocks ended mixed on Tuesday as the S&P 500 and Dow each pulled back from record levels.
Investors will return on Tuesday to a holiday-shortened week, with the stock market closed Monday in observance of the Fourth of July in the U.S.
Stocks gained on Thursday to reach new record levels, adding to advances after the major indexes closed out a strong second quarter and first half of the year.
Stocks were mixed on Wednesday, with the S&P 500 gaining for a fifth straight session to end the day at yet another record closing high.
Stocks gained on Tuesday to set fresh all-time highs, with equities buoyed by another set of strong economic data.
Stocks were mixed on Monday, with the S&P 500 and Nasdaq rising to notch fresh record levels, as traders looked ahead to more key economic data later this week.
This week's packed slate of economic data reports will include an update on the labor market and new data on consumer confidence, offering fresh looks at the pace and perception of the COVID-19 recovery for many Americans.
Stocks rose to record levels Thursday as investors digested another batch of key economic data and an announcement from President Joe Biden that he had reached a bipartisan infrastructure agreement with Senate lawmakers.
Stocks ended mixed on Wednesday, with investors looking for new catalysts to move higher with the pace of the economic recovery and inflationary pressures still in focus.
Stocks extended gains on Tuesday, with equities steadying following concerns over the path forward for monetary policy.
Stocks jumped on Monday, with the three major indexes recovering some of last week's steep losses as an initial jolt following the Federal Reserve's updated outlook for rates subsided.
Investors this week are set to eye a number of economic data prints, including an update on the Federal Reserve's preferred measure of inflation — personal consumption expenditures (PCE). Corporate events will include Amazon's annual shopping extravaganza.