Nvidia market value tops $5 trillion on AI trade rebound
Nvidia closed at a record, lifting its market value past $5 trillion as investors rushed back into the AI trade and sent chip stocks higher.
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Brent crude swings reflect Hormuz shock repricing
Iran said the strait was "completely open," but Brent fell 10% and rebounded after an attack on an Indian tanker.
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Michigan sentiment sinks to record on higher inflation expectations
U.S. consumer sentiment sank to a record 49.8 in April as year-ahead inflation expectations rose to 4.7%, with gasoline and diesel prices driving the slump.
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Record-low U.S. consumer sentiment diverges from stock market highs
Consumer sentiment hits a record low as war in Iran, higher gasoline prices and tariffs revive inflation fears, even with U.S. stocks near highs.
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AI trade: Nvidia tops $5 trillion amid chip rally
Nvidia topped $5 trillion in market value after Intel's strong earnings fueled a broad chip rally, with AMD up 14% and Qualcomm up 11%.
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Businesses get first crack at tariff refunds
Tariff refunds are moving through a new federal portal, but businesses will get paid before households tied to Trump’s promised dividend.
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War risk: mortgage rates hold near monthly lows
Mortgage rates held near recent lows Friday, with the top-tier 30-year fixed rate at 6.32% for a seventh straight day.
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Consumer sentiment sinks to record low on inflation fears
U.S. consumer sentiment hit a record low in April as inflation fears rose even after a ceasefire with Iran briefly eased war jitters.
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Nvidia record close lifts market value past $5 trillion
Nvidia shares rose to a record and pushed its market value past $5 trillion as Intel's surprise earnings beat fueled a fresh rally in AI stocks.
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War-driven costs push U.S. output prices to near four-year high
S&P Global’s April flash composite PMI rose to 52.0, but output prices hit a near four-year high and supplier delays worsened as war-driven cost pressures built.
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Mortgage rates stay near 1-month lows amid Iran war and Fed wait
Mortgage rates ended the week near recent lows, with the 30-year fixed at 6.32% and little day-to-day movement.
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U.S. consumer sentiment hits record low on inflation fears
U.S. consumer sentiment fell to a record 49.8 in April as inflation expectations jumped and fuel costs kept rising.
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