Stocks reversed sharp declines to close higher, as investors monitored fresh developments around the Strait of Hormuz and the war in the Middle East. Oil prices held onto hefty gains.
Stocks reversed sharp declines to close higher, as investors monitored fresh developments around the Strait of Hormuz and the war in the Middle East. Oil prices held onto hefty gains.
US stocks rallied for a second day as hopes grew that the war in the Middle East may be nearing a conclusion, while Brent briefly fell below $100 a barrel. Treasuries wavered and the dollar marked a second day of declines.
US stocks rallied for a second day as hopes grew that the war in the Middle East may be nearing a conclusion, while Brent briefly fell below $100 a barrel. Treasuries wavered and the dollar marked a second day of declines.
When Starbucks Corp. landed Brian Niccol, the star CEO who fixed Chipotle and Taco Bell, to turn around its fortunes, it triggered a frenzy on Wall Street. The stock popped 20% in a matter of minutes and racked up its biggest one-day gain ever as investors and analysts, one after another, gushed about the move: “dream hire”; “exceptional”; “hall of fame restaurant CEO.”
When Starbucks Corp. landed Brian Niccol, the star CEO who fixed Chipotle and Taco Bell, to turn around its fortunes, it triggered a frenzy on Wall Street. The stock popped 20% in a matter of minutes and racked up its biggest one-day gain ever as investors and analysts, one after another, gushed about the move: “dream hire”; “exceptional”; “hall of fame restaurant CEO.”
Brian Niccol during a Bloomberg Television interview in January.
US stocks closed at a new record on Tuesday, continuing a run driven by investor optimism over artificial intelligence and expectations of easier monetary policy from the Federal Reserve.
US stocks closed at a new record on Tuesday, continuing a run driven by investor optimism over artificial intelligence and expectations of easier monetary policy from the Federal Reserve.
Andrew Sheets, global head of corporate credit research at Morgan Stanley, says he expects US stocks to outperform the rest of the world in 2026. "Our forward earnings growth indicators are very strong," Sheets tells Bloomberg Television. "If the Fed is cutting, if the economy is holding up, if earnings are growing — we generally don't think the multiple contracts — and if earnings grow double digits, the US equity market could be up double digits."
US stocks finished higher on Monday, as investors snapped up tech shares even while the capture of Venezuela’s President Nicolas Maduro fanned worries over geopolitical risk. Oil prices rose, along with gold.
US stocks finished higher on Monday, as investors snapped up tech shares even while the capture of Venezuela’s President Nicolas Maduro fanned worries over geopolitical risk. Oil prices rose, along with gold.
US stocks edged higher on Friday, as investors started 2026 on cautious footing following a year of strong equity performance while keeping an eye on rising Treasury yields.
US stocks edged higher on Friday, as investors started 2026 on cautious footing following a year of strong equity performance while keeping an eye on rising Treasury yields.
US stocks slipped for a second straight day as traders trimmed bets on tech megacaps before the end of the year. Volatility gripped precious metals as silver retreated after touching a record high.
US stocks slipped for a second straight day as traders trimmed bets on tech megacaps before the end of the year. Volatility gripped precious metals as silver retreated after touching a record high.
Gold, silver, and platinum extended a historic end-of-year rally for precious metals, jumping to all-time highs, with spot gold peaking above $4,530 an ounce. Tatiana Darie has more on Bloomberg Television.
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