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Tech Stocks Lead Broad Market Lower as Meta Slides -6%

4 days 13 hours ago
The S&P 500 Index ($SPX ) (SPY ) is down -0.78%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.50%. December E-mini S&P futures (ESZ26 ) are down -0.81%, and December E-mini Nasdaq futures (NQZ26...

Stocks Rally on Positive AI News, with SpaceX up +7%

4 days 13 hours ago
The S&P 500 Index ($SPX ) (SPY ) rose +0.59% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) rose +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +1.13%. December E-mini S&P futures (ESZ26 ) rose +0.62%, and December E-mini Nasdaq futures (NQZ26 ) rose...

Tech Stocks Lead Broad Market Lower as Meta Slides -6%

4 days 13 hours ago
The S&P 500 Index ($SPX ) (SPY ) is down -0.78%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.50%. December E-mini S&P futures (ESZ26 ) are down -0.81%, and December E-mini Nasdaq futures (NQZ26...

Stocks Rally on Positive AI News, with SpaceX up +7%

4 days 13 hours ago
The S&P 500 Index ($SPX ) (SPY ) rose +0.59% on Wednesday, the Dow Jones Industrial Average ($DOWI ) (DIA ) rose +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) rose +1.13%. December E-mini S&P futures (ESZ26 ) rose +0.62%, and December E-mini Nasdaq futures (NQZ26 ) rose...

Tech Stocks Lead Broad Market Lower as Meta Slides -6%

4 days 13 hours ago
The S&P 500 Index ($SPX ) (SPY ) is down -0.78%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.29%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.50%. December E-mini S&P futures (ESZ26 ) are down -0.81%, and December E-mini Nasdaq futures (NQZ26...

Dollar Consolidates Above 3-week Low

4 days 13 hours ago
The dollar index (DXY00 ) rose +0.07% on Wednesday, consolidating mildly above last Friday’s 3-week low. The dollar found support from a +0.6 bp rise in the 10-year T-note yield, which supported US interest-rate differentials. The dollar also received safe-haven support after Reuters reported Wednesday afternoon that the US State...

Dollar Consolidates Above 3-week Low

4 days 13 hours ago
The dollar index (DXY00 ) rose +0.07% on Wednesday, consolidating mildly above last Friday’s 3-week low. The dollar found support from a +0.6 bp rise in the 10-year T-note yield, which supported US interest-rate differentials. The dollar also received safe-haven support after Reuters reported Wednesday afternoon that the US State...

Chicago-based Formic, which provides robots-as-a-service automation to manufacturers, raised $50M, including a $40M Series B and $10M in asset-backed financing (Natalie Breymeyer/Axios)

4 days 13 hours ago

Natalie Breymeyer / Axios:
Chicago-based Formic, which provides robots-as-a-service automation to manufacturers, raised $50M, including a $40M Series B and $10M in asset-backed financing  —  Formic, a physical AI commercialization platform, raised $50 million in financing, CEO Saman Farid tells Axios exclusively.