Wall Street stocks struggled for closing gains on Tuesday as a lack of clear market catalysts kept institutional investors in a holding pattern, while retail traders kept the rally of so-called meme stocks alive.
A global benchmark and two key European indexes hit new highs on Tuesday while the dollar rose in anticipation of faster inflation as volatility eased to lows last seen in February 2020 before the coronavirus pandemic.
Wall Street stocks wavered near the starting line on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders kept the rally of so-called meme stocks alive.
Wall Street indexes were flat on Tuesday as investors took to the sidelines ahead of key inflation data this week, while Clover Health led a rally among popular social media stocks.
In early trading on Tuesday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.4%. Year to date, Apple has lost about 3.8% of its value.
A global deal on corporate tax looks set to bring to a climax a deep-seated European Union battle, pitting large members Germany, France and Italy against Ireland, Luxembourg and the Netherlands.
Google has bowed to pressure from rivals and will let them compete for free to be the default search engines on Android devices in Europe, widening a pledge to EU antitrust regulators two years ago.
Apple was the top boost to the Nasdaq on Tuesday after a report said it was in talks with battery suppliers over its electric vehicle, while the S&P 500 and the Dow Jones indexes were muted as investors awaited key inflation data this week.
Traders on Tuesday sent longer-term U.S. Treasury yields to their lowest in more than a month after a report showed small business owners less confident, and narrowing the spread of a closely watched part of the yield curve.
Are These Top Tech Stocks Worth Investing In Now?As we begin another week of trading, investors would be focusing on economic figures given last week’s mixed labor market update. Should negative updates slow the current gains in reopening stocks, tech stocks could be in foc
Alphabet unit Google has bowed to pressure from rivals and will let them compete for free to be the default search engines on Android devices in Europe, widening a pledge to EU antitrust regulators two years ago.
If there were any doubts that Walmart (NYSE: WMT) was serious about cultivating its own consumer electronics brand name, those doubts were just wiped away.
Apple (NASDAQ: AAPL) hosted its annual Worldwide Developers Conference on Monday, unveiling the next major versions of its flagship platforms using the same virtual format as last year. The event costs around $50 million to host each year, according to recent testimony from forme
What happened
AppLovin (NASDAQ: APP) beat the market by a wide margin last month. The stock rose 28% compared to a 0.55% uptick in the S&P 500, according to data provided by S&P Global Market Intelligence.
Amazon (NASDAQ: AMZN) continues to gain attention as it sets sales records and opens new lines of business. However, due to its large size, many investors might wonder whether they have missed the boat on this consumer discretionary stock. Fortunately, thanks to a competitive edg
Netflix (NASDAQ: NFLX) and Spotify Technology (NYSE: SPOT) are both leaders in their respective areas of the digital media world. The former pioneered streaming video and now has 208 million global subscribers, while the latter, with 158 million paying users, is the leader in str
When Warren Buffett says the best time to sell a stock is never, you aren't meant to take it literally. Buffett himself sells stocks all the time. The intention is for investors to have a long-term outlook and only buy companies they would be happy to hold onto forever.
Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.
Apple Inc is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.