Market News

Latest financial news from across the markets

Daily Market Overview

Wall Street is reeling from a significant sell-off in momentum stocks, with high beta names experiencing their worst day in six years, largely driven by fears surrounding the tech sector. Meanwhile, shares of Volvo Cars plummeted 28%, marking a potential record trading day for the company. In the tech space, Alphabet's stock fell despite an earnings beat, and analysts are expressing concerns over its increased capital expenditure plans. On the commodities front, gold prices surged, while silver faced volatility, with futures dropping sharply.

Latest Market Updates

Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60

Kalshi expands surveillance, enforcement efforts ahead of Super Bowl 60

less than a minute ago

Using options to play this faster growing, undervalued grocery stock

Using options to play this faster growing, undervalued grocery stock

less than a minute ago

Bob's Discount Furniture to start trading on NYSE as consumers seek value

Bob's Discount Furniture to start trading on NYSE as consumers seek value

less than a minute ago

Super Bowl AI ad spat heats up as Altman lashes out at Anthropic campaign

Super Bowl AI ad spat heats up as Altman lashes out at Anthropic campaign

less than a minute ago

ECB holds rates but it's not a 'non-event,' economists say. Here's why

ECB holds rates but it's not a 'non-event,' economists say. Here's why

less than a minute ago

Amazon earnings are coming out postmarket Thursday. Here’s what Wall Street expects

Amazon earnings are coming out postmarket Thursday. Here’s what Wall Street expects

11 minutes ago

Surging jobless claims and big layoff announcements are not signs of a collapsing labor market. Here’s why.

Unemployment is still very low and is likely to stay that way.

14 minutes ago