SanDisk Jumps 10%, Lululemon Crashes 17%: Stock Market Today
A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.
Stocks · News reference
T-Mobile US (NASDAQ: TMUS) stock rebounded over 2% after Bank of America upgraded the carrier to a Buy, calling the 15% year-to-date selloff a trough-valuation opportunity.
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
A blowout August jobs report pushed traders to price a coin-flip chance of a Federal Reserve rate hike this month, dragging the S&P 500 and Dow lower by midday Friday.
T-Mobile US, Inc. (NASDAQ: TMUS) today announced that Jessica Uhl will join the company as CFO Designate and succeed Peter Osvaldik as Chief Financial Officer in February 2027, as part of the company’s long-term
AT&T's Q2 results show improved profitability with adjusted EBITDA margin expanding to 39.1% and operating income rising 8.3% year-over-year. The company is on track to achieve $4 billion in annual cost savings by 2028 through network modernization and legacy copper network shutdown. Wireless gains, fiber growth, and service bundling are driving customer growth, while competitors Verizon and T-Mobile also report resilient performance despite market challenges.
Gainers Symbol Name Price Change ($) Change (%) Volume (NYSE:XLK) State Street Technology Select Sector SPDR ETF 186.41 0.44 0.23 61.4K Losers Symbol Name Price Change ($) Change
U.S. stock markets rose on Thursday as Treasury yields declined globally, easing Fed rate hike concerns. The Dow Jones gained 1.2%, Nasdaq Composite advanced 1.4%, and S&P 500 rose 1.1%. Strong earnings from Snowflake and Hewlett Packard Enterprise drove gains, though economic data showed mixed signals with initial jobless claims rising slightly and the trade deficit exceeding expectations.