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S&P 500 Index Cash (SPY00)

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S&P 500 Index Futures Market News and Commentary

Stocks Finish Sharply Lower as Tech Stocks Slump

The S&P 500 Index ($SPX) (SPY) on Friday closed down -1.01%, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.49%.  September E-mini S&P futures (ESU26) fell -1.02%, and September E-mini Nasdaq futures (NQU26) fell -1.51%. 

Stock indexes settled sharply lower on Friday, with the S&P 500 posting a 1-week low, the Dow Jones Industrials sliding to a 2.5-week low, and the Nasdaq 100 falling to a 5-week low.  The global selloff in chipmakers continued on Friday amid concerns that massive gains fueled by the buildout of artificial intelligence have run too far to justify their elevated valuations.  The rout began in Asia, with China’s Shanghai Composite falling -3% and Japan’s Nikkei Stock Index falling -4% after China's AI startup Moonshot launched its new Kimi K3 AI model, which the company says rivals the strongest offerings from OpenAI and Anthropic PBC, sparking concerns about the industry's spending spree.... Read more

Occidental Chemical Corporation plant_ By jetcityimage
Here's What to Expect From Occidental Petroleum’s Next Earnings Report

Occidental Petroleum approaches Q2 earnings with high expectations, leaving investors eager to see what unfolds next.

Semiconductor by Gorodenkoff via Shutterstock
The MANIA Stocks Are Tanking. Here's How to Take Advantage of Semiconductor Volatility.

While several uber-popular semiconductor stocks are tanking, you may be wondering if you should buy the dip or hedge your bets against these names. Here's...

Brown and white cow with ear tag by Clara Bastian via iStock
The Cattle Conundrum

To paraphrase Winston Churchill, US cattle markets are a riddle, wrapped in a mystery, inside an enigma.

Alibaba by testing via Shutterstock
Alibaba Stock Just Got Apple’s Biggest AI Endorsement. This Could Be a Game Changer for BABA.

Apple's reported AI partnership with Alibaba is boosting confidence in the company's AI strategy as analysts see 58% upside ahead.

A corporate office for IBM by HJBC via Adobe Stock
3 Numbers That Will Matter Most in IBM’s Upcoming Q2 Earnings

After a steep post-update decline, IBM now has one earnings report to rebuild investor confidence.

Magnifying glass showing the words Pre Market by Evan_huang via Shutterstock
AI Bubble Fears, Earnings and Other Can't Miss Items this Week

Markets face a potentially volatile week as AI bubble fears intensify amid concerns that technology sector repricing has not yet reached equilibrium, coinciding...

Here's What to Expect From Occidental Petroleum’s Next Earnings Report

Occidental Petroleum approaches Q2 earnings with high expectations, leaving investors eager to see what unfolds next.

The MANIA Stocks Are Tanking. Here's How to Take Advantage of Semiconductor Volatility.

While several uber-popular semiconductor stocks are tanking, you may be wondering if you should buy the dip or hedge your bets against these names. Here's...

The Cattle Conundrum

To paraphrase Winston Churchill, US cattle markets are a riddle, wrapped in a mystery, inside an enigma.

Alibaba Stock Just Got Apple’s Biggest AI Endorsement. This Could Be a Game Changer for BABA.

Apple's reported AI partnership with Alibaba is boosting confidence in the company's AI strategy as analysts see 58% upside ahead.

3 Numbers That Will Matter Most in IBM’s Upcoming Q2 Earnings

After a steep post-update decline, IBM now has one earnings report to rebuild investor confidence.

AI Bubble Fears, Earnings and Other Can't Miss Items this Week

Markets face a potentially volatile week as AI bubble fears intensify amid concerns that technology sector repricing has not yet reached equilibrium, coinciding...

Oppenheimer Downgraded IBM Following Its Sharp Post-Earnings Drop. What the Warning Means for IBM Stock.

With Oppenheimer's downgrade and a complete withdrawal of its price target following IBM's 25% single-day post-earnings drop, where will IBM go from here?...

Taiwan Semiconductor’s $100 Billion Arizona Expansion Is a Bullish Sign for Investors

TSMC stock still looks like a 'Buy' after its latest earnings print.

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