Today: 29 June 2026
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NYSE:TRV 16 October 2025 - 8 June 2026

Dow Drops After Hours, AI Rally Sidesteps Blue Chips

Dow Drops After Hours, AI Rally Sidesteps Blue Chips

The Dow Jones fell 104.70 points, or 0.21%, to 50,762.08 as tech and chip stocks rebounded sharply, with the Philadelphia SE Semiconductor Index up 6.2% after Friday’s $1 trillion selloff; Apple dropped 1.4% despite its AI event, and investors now await Wednesday’s inflation data and Middle East energy risks as the next key tests for the market’s fragile rebound.
Progressive stock ticks higher today after SEC filing flags 87,755-share gift; what investors watch next

Progressive stock ticks higher today after SEC filing flags 87,755-share gift; what investors watch next

Progressive shares rose 0.7% to $230 Tuesday after a regulatory filing showed director Charles A. Davis donated 87,755 shares to a charitable foundation. The stock traded between $227.53 and $230.03 on volume of about 1 million shares. U.S. insurance stocks edged higher in thin year-end trading. Davis retained 250,222 shares after the transaction.
30 December 2025
Financial Services Stocks Outlook (Dec. 25, 2025): Bank Stocks, Insurance Shares and Fintech Enter 2026 With Rates, Regulation and Digital Payments in Focus

Financial Services Stocks Outlook (Dec. 25, 2025): Bank Stocks, Insurance Shares and Fintech Enter 2026 With Rates, Regulation and Digital Payments in Focus

The Dow and S&P 500 closed at record highs in the final U.S. session before Christmas, with financial stocks among the top performers. Central banks cut rates 32 times in 2025, fueling momentum for financials into 2026. Trading volumes were thin ahead of the holiday, and U.S. markets are closed Thursday for Christmas Day.

Stock Market Today

  • Chipmaker Shares Soar Amid AI Boom in H1 2026
    June 28, 2026, 11:16 PM EDT. Semiconductor and memory chip stocks surged sharply in the first half of 2026, driven by strong AI demand. South Korea's Kospi index rose 125%, led by Samsung's 183% and SK Hynix's 310% gains. U.S. chipmakers like Sandisk soared 780% this year, with some stocks climbing thousands of percent over 12 months. Rising chip prices boosted profits amid constrained supply, fueling the rally. Conversely, major software companies including Microsoft declined as investors favored hardware over software. Apple cited higher memory chip costs for price hikes on devices. Recent profit-taking suggests some cooling in the chip rally. Overall, strong gains persisted in Asia-Pacific markets and reflected broader investor appetite for AI-driven tech hardware.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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