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Dow Jones Industrial Average (^DJI)
- Yahoo Finance
Stock market today: US futures tread water with Dow poised for another bid for 40,000
Stocks trod water as investors assess the chances of the Dow succeeding in another bid to cross 40,000 for the first time.
- Yahoo Finance Video
What is driving market gains?
Major stock indexes (^DJI, ^GSPC, ^IXIC) hit record highs on Thursday, boosted by factors such as the resurgence of the meme trade, encouraging economic data, and bullish outlooks on the artificial intelligence (AI) sector. Yahoo Finance's Jared Blikre breaks down the details, dissecting the top takeaways that drove market gains. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith
- Yahoo Finance Video
Dow Jones breaches 40,000, Walmart earnings, Meta investigation: Morning Brief
On today's episode of The Morning Brief, Yahoo Finance Hosts Seana Smith and Brad Smith break down major market news and the trading day ahead. The three major stock market averages (^DJI, ^IXIC, ^GSPC) opened higher after the S&P 500 closed at a record 5,300 yesterday. The Dow Jones Industrial Average touched 40,000 while the Nasdaq Composite remains relatively flat. Shares of Walmart (WMT) are rising after the retail giant beat analyst first quarter earnings estimates. The company saw same-store sales grow 3.8% while its e-commerce sales popped 22% year over year. The company also raised its full-year sales and profit guidance. Walmart CFO John David Rainey joins the show to break down earnings, pointing to Walmart's value as a key area of success. TD Cowen Senior Research Analyst Oliver Chen says the retail giant is particularly successful because it appeals to both higher- and lower-end consumers. Meanwhile, Meta (META) is under pressure after the European Union announced a formal investigation into Facebook and Instagram, citing child safety concerns. The company told Yahoo Finance, "We want young people to have safe, age-appropriate experiences online and have spent a decade developing more than 50 tools and policies designed to protect them. This is a challenge the whole industry is facing, and we look forward to sharing details of our work with the European Commission." More than 90% of S&P 500 companies have reported their latest quarterly earnings. Goldman Sachs Chief US Equity Strategist David Kostin breaks down three themes that dominated this quarter: artificial intelligence, the US consumer, and cost controls. Dow Inc. (DOW) CFO Jeff Tate joins to discuss the manufacturing materials company's growth and how it fits into the AI picture. This post was written by Melanie Riehl
