Friday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session
A post-earnings rally in Nvidia helped lift the tech sector, the S&P 500 and the Nasdaq Composite to their best sessions since Aug. 4 on Thursday.
TL;DR
- Nasdaq Composite had its best session since Aug. 4.
- Federal Reserve Chairman Kevin Warsh's speech is a major focus for Friday.
- Major stock indexes (S&P 500, Nasdaq, Russell 2000, NYSE Composite) are up year-to-date but below recent highs.
- Bond market yields for 30-year, 10-year, 2-year Treasury notes, and 3-month Treasury bills are provided.
- High-yield corporate bond ETFs (HYG, JNK, SHYG, FCOR) show current dividend yields.
- CrowdStrike stock surged 20.5% after earnings, with CEO citing AI as a momentum driver.
- SentinelOne stock fell after hours due to guidance concerns.
- Cybersecurity ETFs (BUG, HACK) saw significant gains.
- Apple CEO Tim Cook is stepping down, with John Ternus taking over Sept. 1.
- Apple stock is up year-to-date but down from a July high.
- Gap stock rose 15% after hours following a mixed quarterly report and Old Navy CEO announcement.
- Beef business and high prices are also highlighted for investor interest.