Dow Jones gains with chip stocks ahead of inflation data

Dow Jones bounces back above 51,000 as chip stocks rebound The Dow Jones Industrial Average traded up 244 points, or 0.48%, to 51,110.80 in early Monday trading. The move comes after a sharp fall Friday, with chip makers lifting the index. The S&P 500 advanced 1.09% and the Nasdaq Composite gained 1.72%.

Wall Street’s Chip Rebound Lifts Nasdaq — Inflation Test Comes Next

Wall Street’s Chip Rebound Lifts Nasdaq — Inflation Test Comes Next

Wall Street advanced in Monday morning trading, led by a rebound in chip and other technology shares, as investors moved back into the artificial intelligence trade after Friday’s sharp break in momentum. The Nasdaq Composite was up 1.43%, the S&P 500 rose 0.87% to 7,448.31 and the Dow Jones Industrial Average gained 0.22%, Reuters market data from LSEG showed.
Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

Dow Rally Stalls as Oil and Inflation Worries Meet Iran Moves

Dow slides as U.S.-Iran worries and inflation data cool record run The Dow Jones Industrial Average slipped Thursday, losing ground after a string of records. U.S.-Iran tensions and new inflation data drove investors to cut some risk. By 10:01 a.m. ET, the Dow was down 110.97 points, or 0.22%, at 50,533.31. The S&P 500 barely moved and the Nasdaq Composite dipped 0.02%. “The number was not as bad as feared,” said Angelo Kourkafas, senior global investment strategist at Edward Jones.

ASX on Watch as Inflation Test Looms After Volatile Week

ASX traders are watching Wednesday’s April inflation release, with last week’s bounce in banks and retailers now in play. The cash market is shut for the weekend, with regular ASX trading wrapping up on business days at 4:00 p.m. Sydney. The 2026 ASX calendar puts the next full day off for the cash market at King’s Birthday, June 8.
T. Rowe Price Now in Focus as PNC Trims Stake

T. Rowe Price Now in Focus as PNC Trims Stake

PNC Financial Services Group trimmed its stake in T. Rowe Price Group by 4.3% during the fourth quarter, selling 22,521 shares, according to a 13F filing. That left PNC with 501,279 shares valued around $51.3 million. The asset manager is shifting back toward U.S. equities while becoming more cautious on inflation-sensitive markets. The move was reported by MarketBeat.
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