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US STOCKS-Tech stocks power Wall St higher after Trump’s tariff…

Indexes up: Dow 1.04%, S&P 500 1.34%, Nasdaq 1.68%

Semiconductor, electronics makers jump

Citigroup downgrades US stocks

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Goldman Sachs rises after results

(Updates after markets open)

By Lisa Pauline Mattackal and Purvi Agarwal

April 14 (Reuters) – Wall Street’s main indexes rose on Monday, boosted by gains in technology stocks after the White House exempted smartphones and computers from new tariffs on Chinese imports, although additional levies on semiconductors remain imminent.

The United States unveiled the exemptions on Friday, adult but President Donald Trump said he would announce tariff rates for imported semiconductors later in the week.

The exempted tech products will face new duties within the next two months, U.S. Commerce Secretary Howard Lutnick said. These product categories make up about 20% of U.S. imports from China, according to Deutsche Bank.

At 09:37 a.m. the Dow Jones Industrial Average rose 416.38 points, or 1.04%, to 40,629.09, the S&P 500 gained 71.87 points, or 1.34%, to 5,435.23 and the Nasdaq Composite gained 281.52 points, or 1.68%, to 17,005.97.

Information technology led sub-sector gains and was up 2.3%. Most megacap and growth stocks rose, with Apple leading the bunch with a 5.4% gain.

Chip stocks also advanced, with the Philadelphia SE Semiconductor index jumping 1.1%. PC maker HP gained 4% and retailer Best Buy added 5%.

The CBOE Volatility Index, considered Wall Street’s fear gauge, eased from eight-month highs hit last week and was last at 32.95.

The exemptions would ease some pressures on the cost of consumer goods, notably on Apple products, which would have become “un-sellable” if tariffs went into effect, said Kim Forrest, chief investment officer at Bokeh Capital Partners.

“It feels as if the Trump administration is responding to consumer pressure… the huge tariffs placed on China might be walked back as well,” Forrest said.

The reprieve was the latest change to Trump’s back and forth tariff policies that have escalated trade tensions between the U.S. and China and triggered the wildest swings on Wall Street since the 2020 COVID-19 pandemic.

After slumping earlier last week, the S&P 500 notched its biggest weekly gain on Friday since November 2023. But the index was still about 4.5% away from levels seen before April 2’s “Liberation Day” tariff announcement.

With markets closed on Good Friday, the shorter trading week ahead will be scrutinized for signs on how policymakers, businesses and consumers assess the economic outlook amid such policy uncertainty.

Goldman Sachs’ shares were up 2.1% after the bank reported higher first-quarter profit. Quarterly earnings from companies including Netflix are on the radar this week.

Among other stocks, obesity drugmakers gained after Pfizer said it would end the

development

of its experimental weight-loss pill. Eli Lilly and Viking Therapeutics were up 1% and 13%, respectively.

Citigroup downgraded U.S. equities to “neutral” from “overweight” on expectations that tariffs would hit earnings growth.

Commentary from U.S. Federal Reserve Chair Jerome Powell and retail sales data for March, both expected on Wednesday, will also be watched.

Advancing issues outnumbered decliners by a 7.36-to-1 ratio on the NYSE, and by a 3.83-to-1 ratio on the Nasdaq.

The S&P 500 posted one new 52-week high and no new lows, while the Nasdaq Composite recorded 19 new highs and 19 new lows.

(Reporting by Lisa Mattackal and Purvi Agarwal in Bengaluru; Editing by Shinjini Ganguli and Pooja Desai)

US STOCKS-S&P 500, Nasdaq drop in uneven trade with Nvidia results…

Nike gains after Jefferies upgrades to ‘buy’

Berkshire Hathaway at record high after record Q4 profit

Domino’s Pizza falls after missing Q4 same-store sales estimates

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Indexes: Dow up 0.07%, S&P 500 down 0.24%, Nasdaq down 0.72%

(Updates for market open)

By Johann M Cherian and Sukriti Gupta

Feb 24 (Reuters) – The S&P 500 and the Nasdaq gave up early gains and declined in choppy trading on Monday, as investors awaited results from chip giant Nvidia for clues on the future of demand for artificial intelligence technology.

Most megacap stocks fell, with Tesla sliding 2.7%, Meta down 2.1% and Microsoft losing 1.9%.

Microsoft has scrapped leases for sizeable data center capacity in the U.S., suggesting a potential oversupply of AI infrastructure, TD Cowen analysts said in a note published late on Friday. The note picked up traction on social media platforms over the weekend, and several media outlets covered the development on Monday.

The news comes weeks after the launch of low-cost AI models from China’s DeepSeek in January rattled tech stocks and stoked doubts about overspending by U.S. companies on the popular technology.

“Everybody’s deepest fear is, even though Microsoft, Google, and Meta, have great funding, we don’t know that they’re really going to go through on their spending plans again because the tide is changing,” said Kim Forrest, chief investment officer at Bokeh Capital Partners.

“The note of caution on here is how are they going to get all this money paid back?”

Chip stocks also fell, with the broader Philadelphia SE Semiconductor Index down 1.6%.

Nvidia’s quarterly results, expected on Wednesday, puts the chip sector in the spotlight for the week.

On the other hand, Apple reversed premarket declines to gain 1.1%. The iPhone maker unveiled planned U.S. investments to help bring online a factory in Texas by 2026 to build AI servers and add about 20,000 research and development jobs across the country.

At 10:11 a.m. ET, the Dow Jones Industrial Average rose 28.60 points, or 0.07%, to 43,456.62, the S&P 500 lost 14.54 points, or 0.24%, to 5,998.59 and the Nasdaq Composite lost 141.43 points, or tante sange 0.72%, to 19,382.58.

The more domestically-focused Russell 2000 smallcaps index lost 1%.

Eight of the 11 S&P 500 sectors slipped. Technology stocks led declines with a 0.9% drop.

U.S. stock indexes were extending losses registered in the previous week, when a batch of weak economic data and a disappointing forecast from Walmart had sparked concerns that the world’s largest economy was stalling. The benchmark S&P 500 and a smallcaps index marked their worst daily declines of 2025 on Friday.

On the data front, the Personal Consumption Expenditure index – the Federal Reserve’s preferred inflation gauge – is expected on Friday and could help markets gauge the timing of the central bank’s first rate cut this year.

Interest rate futures indicate the Fed will leave borrowing costs unchanged for the first half of the year, according to data compiled by LSEG.

Among other big movers, Berkshire’s Class B shares rose 3.5% to touch a record high after the Warren Buffett-owned conglomerate reported a record annual profit over the weekend.

Nike added 5.1% after Jefferies raised its rating on the athletic apparel maker to “buy” from “hold”.

Domino’s Pizza fell 5% after the pizza chain missed expectations for fourth-quarter same-store sales.

Markets are also on edge for any tariff comments from U.S. President Donald Trump.

Declining issues outnumbered advancers by a 1.37-to-1 ratio on the NYSE and by a 2.16-to-1 ratio on the Nasdaq.

The S&P 500 posted 22 new 52-week highs and 6 new lows while the Nasdaq Composite recorded 27 new highs and 149 new lows.

(Reporting by Johann M Cherian, Sukriti Gupta and in Bengaluru; Editing by Devika Syamnath)

US STOCKS-Wall Street muted ahead of Alphabet earnings

Alphabet up ahead of earnings after the bell

Ford falls after results

JOLTS job openings lower than forecast

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Indexes: Dow up 0.05%, S&P 500 up 0.01%, Nasdaq up 0.12%

(Updated at 10:16 a.m. ET/1416 GMT)

By Lisa Pauline Mattackal

Oct 29 (Reuters) – Wall Street was little changed on Tuesday as investors assessed a host of corporate results and awaited Google-parent Alphabet’s earnings later in the day.

“Magnificent Seven” member Alphabet’s shares rose 0.35% ahead of its results due after market close, where it is expected to post its slowest revenue growth in four quarters.

This week marks the busiest period for S&P 500 earnings, with eyes on five of the “Magnificent Seven” group of stocks that are reporting quarterly results.

The group’s results will be crucial to determining whether Wall Street can sustain the optimism around technology and artificial intelligence that has lifted indexes to record highs this year.

However, rate-sensitive stocks were under pressure as bond yields continued to rise, with the benchmark U.S. 10-year Treasury yield breaching the 4.3% level for the first time since early July.

“It does look like the curve is normalizing, but I do think (yields) will move down at the end of the election and whenever we get more data showing the Fed’s view of inflation versus jobs is correct,” said Kim Forrest, chief investment officer at Bokeh Capital Partners.

Nvidia was trading 0.2% lower, while Apple was flat.

There were plenty of earnings for investors to sift through. Vans parent VF Corp jumped 27.9% after the company reported a profit for the first time in two quarters.

Ford slumped nearly 8% after the automaker said on Monday it expects to hit the lower end of its annual profit forecast.

D.R. Horton dropped 12.7% on Tuesday after the homebuilder forecast 2025 revenue below estimates, while McDonald’s dipped 2.4% after reporting a drop in global sales.

Meanwhile, the Labor Department’s JOLTS survey showed job openings were at 7.44 million in September, compared with estimates of 8 million, according to a Reuters poll of economists.

A separate report showed consumer confidence stood at 108.7 in October, higher than the estimated 99.5.

Traders added to bets on further reductions to U.S. short-term borrowing costs after the data, which helped stock indexes pare some initial losses.

The Dow Jones Industrial Average rose 19.94 points, or 0.05%, to 42,407.51, the S&P 500 gained 0.86 points, or 0.01%, to 5,824.38, and the Nasdaq Composite gained 22.83 points, or 0.12%, to 18,590.02.

The communication services sector, housing Alphabet and Meta, was the top sectoral gainer, while utilities fell to the bottom.

With earnings, geopolitical tensions in the Middle East, the upcoming U.S. elections and a Fed meeting, investors are anticipating a volatile few weeks.

The VIX has risen above 20 from below 15 in September.

Declining issues outnumbered advancers for a 2.3-to-1 ratio on the NYSE and a 1.46-to-1 ratio on the Nasdaq.

The S&P 500 posted 13 new 52-week highs and no new low, while the Nasdaq Composite recorded 44 new highs and memek 33 new lows.

(Reporting by Lisa Mattackal in Bengaluru; Editing by Varun H K and Shounak Dasgupta)

US STOCKS-Wall St slips on mixed earnings, higher Treasury yields

Netflix falls after downbeat forecast

Tesla down on latest cuts to US prices

Morgan Stanley slips as Q1 profit falls

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Indexes down: Dow 0.41%, S&P 0.46%, Nasdaq 0.64%

(Updates prices to open)

By Sruthi Shankar and Ankika Biswas

April 19 (Reuters) – Wall Street’s main indexes fell on Wednesday as Treasury yields rose on growing expectations that the Federal Reserve could keep interest rates higher for longer, while mixed earnings from regional banks and weakness in Tesla further dented sentiment.

Tesla Inc dropped 2.4% after the electric-vehicle maker reduced prices for scam a sixth time this year in the United States, ahead of its first-quarter results.

Netflix Inc slid 4.7% after the video-streaming pioneer issued a downbeat forecast.

Morgan Stanley declined 1.8% as the Wall Street bank reported a fall in quarterly earnings, a day after rival Goldman Sachs Group Inc posted a 19% drop in profit on hit to dealmaking and losses from the sale of some assets in its consumer business.

While the start of the earnings season has been largely supportive for equities, investors will closely watch updates from market heavyweights as well as consumer companies for signs of inflation and economic slowdown hurting margins.

Mixed economic data recently has fueled bets that the U.S. central bank will hike interest rates by 25 basis points in May, with traders seeing an 83% chance for such a move, as per CME Group’s Fedwatch tool.

The two-year Treasury yield, most reflective of short-term rate expectations, hit a one-month high and the 10-year yield hit a four-week high as traders scaled back expectations of rate cuts later this year.

“I don’t know if they’re (Fed policymakers) going to raise a whole lot more, but all the hawkish tone is saying don’t expect rate cuts this year, another thing driving yields a little bit higher because a lot of them had been anticipating a cut,” said Kim Forrest, chief investment officer at Bokeh Capital Partners in Pittsburgh.

“Also, UK inflation came in really hot and there are fears that it could spread here.”

Communication services, materials and technology were among the top S&P 500 sector decliners.

The Fed’s “Beige Book”, a snapshot of the health of the U.S. economy, will be released at 2:00 p.m. ET (1800 GMT), and investors will scrutinize it for the impact of the recent banking crisis on economic activity.

At 9:44 a.m. ET, the Dow Jones Industrial Average was down 140.38 points, or 0.41%, at 33,836.25, the S&P 500 was down 19.18 points, or 0.46%, at 4,135.69, and the Nasdaq Composite was down 77.37 points, or 0.64%, at 12,076.04.

Chipmakers including Micron Technology and Qualcomm Inc were down around 1% each after European giant ASML Holding NV noted some signs of caution among customers.

The Philadelphia SE Semiconductor index dropped 1.3%.

Earnings from regional banks were mixed, with Citizens Financial Group Inc falling 3.4% after its first-quarter results missed estimates.

Western Alliance Bancorp rallied 17.3% after the regional bank posted stronger-than-expected earnings and said its deposits had stabilized after the March banking crisis.

Shares of First Republic Bank, Zions Bancorporation and Pacwest Bancorp rose between 3% and 8.1%.

Declining issues outnumbered advancers by a 3.70-to-1 ratio on the NYSE and a 2.40-to-1 ratio on the Nasdaq.

The S&P index recorded 10 new 52-week highs and one new low, while the Nasdaq recorded 17 new highs and 57 new lows. (Reporting by Sruthi Shankar and Ankika Biswas in Bengaluru Editing by Vinay Dwivedi)

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