Market News

Latest financial news from across the markets

Daily Market Overview

Markets are experiencing mixed signals as the Dow reaches a record high, buoyed by strong consumer spending and a robust jobs report that showed U.S. payrolls rose by 172,000. However, tech stocks continue to face pressure, particularly following a sell-off in chip shares, which has affected futures for the S&P 500 and Nasdaq. Meanwhile, Alphabet is seeking fresh capital amid a four-week losing streak, and family offices are increasingly investing in sports ventures. The Broadway sector is also thriving, reflecting a growing consumer appetite for experiences.

Latest Market Updates

AI designing OpenAI's next model in a sign of 'super intelligence': SoftBank's Son

AI designing OpenAI's next model in a sign of 'super intelligence': SoftBank's Son

less than a minute ago

Trump Accounts don't 'rule' child investments, CFP says: How the options compare

Trump Accounts don't 'rule' child investments, CFP says: How the options compare

less than a minute ago

U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%

U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%

8 minutes ago

Family offices invest in sports from pickleball leagues to smart soccer balls

Family offices invest in sports from pickleball leagues to smart soccer balls

12 minutes ago

The jobs report doubled expectations. Why the stock market doesn't like it

The jobs report doubled expectations. Why the stock market doesn't like it

19 minutes ago

Bitcoin caps a dismal week as price wallows 50% below its all-time high

Bitcoin caps a dismal week as price wallows 50% below its all-time high

36 minutes ago

Jim Cramer's top 10 things to watch in the stock market Friday

May jobs report came in hot, tech sell-off deepens, and Lululemon's troubles mount.

41 minutes ago