US stocks

S&P 500 notches record high close driven by Broadcom, other chipmakers

The S&P 500 is trading at about 22 times expected earnings, down from 23 in November

US housing affordability has been under a persistent strain, with high mortgage rates and elevated home prices keeping many buyers on the sidelines.

Housing-linked stocks rally on Trump’s US$200 billion mortgage bond-buy order

Investors have been closely watching policy moves, market shifts or interest rates for signs of a housing-market recovery

The Dow Jones Industrial Average fell 31.3 points, or 0.06%, at the open to 49,234.81.

Wall Street opens higher after jobs data; tariff ruling awaited

[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday (Jan 9), as investors digested weaker-than-expected jobs data, while awaiting a Supreme Court ruling on US President Donald Trump...

The Nasdaq declined 0.44 per cent to 23,480.02 points, while the Dow Jones Industrial Average rose 0.55 per cent to 49,266.11 points on Thursday.

US stocks: Wall Street ends mixed as tech dips, defence stocks rally

WALL Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defence companies advanced after President Donald Trump called for an enlarged US$1.5 trillion military budget.

The S&P 500 lost 23.64 points, or 0.34 per cent, to end at 6,921.18 points, while the Nasdaq Composite gained 39.30 points, or 0.17 per cent to 23,586.47 on Wednesday.

US stocks: S&P 500 ends lower; AI stocks lift Nasdaq

[NEW YORK] The S&P 500 ended lower on Wednesday, pulled down by declines in JPMorgan, Blackstone and other financials, while Nvidia and Alphabet lifted the Nasdaq as investors shifted toward AI-relate...

The Dow Jones Industrial Average rose 0.99 per cent to 49,462.08 points on Tuesday, nearing the historic 50,000 mark.

US stocks: Dow ends at record high; chip stocks jump on AI optimism

WALL Street ended higher on Tuesday, as chip stocks surged on renewed AI optimism, Moderna rallied and the Dow Jones Industrial Average reached a record high.

Jollibee is building its international profile, striking 27 cross-border deals worth around US$1.1 billion since 2000, according to data compiled by Bloomberg.

McDonald’s rival Jollibee plans US listing for global business

The food giant owns several brands, including its iconic eponymous chain

The Nasdaq gained 0.69 per cent to 23,395.82 points, while the Dow rose 1.23 per cent to 48,977.18 points on Monday.

US stocks: Dow hits record, energy stocks end higher after US strikes Venezuela

WALL Street ended higher on Monday, with surging financial shares helping lift the Dow Jones Industrial Average to an all-time peak, while energy firms jumped after a US military strike captured Venez...

By most estimates, investment in AI infrastructure accounts for the vast majority of US economic growth, masking slowdowns in consumer spending and services sector activity.
OUTLOOK 2026

The AI bubble will surely pop sometime, but it’s an irrational exercise to predict exactly when

Even US Federal Reserve chairman Jerome Powell has confessed that economic trends and the impact of AI are confusing him

While chip stocks rallied, several market heavyweights such as Apple and Microsoft fell to keep gains in check on the S&P 500 and Nasdaq.

US stocks: Dow closes higher on first day of 2026, still no Santa Claus rally

[NEW YORK] The Dow and S&P 500 indices ended higher on Friday (Jan 2), starting 2026 by snapping a four-day losing streak, helped by gains in chipmakers Nvidia, Intel and Boeing