Thursday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session

The S&P 500 snapped a nine-day winning streak on Wednesday as rising Treasury yields and oil prices kept stocks under pressure.
Thursday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session

Thursday’s Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session The S&P 500’s nine-week winning streak is in jeopardy after a Wednesday decline, with a potential 10th consecutive weekly gain marking its longest since 1985. Apple’s stock also faces a risk to its streak, potentially its longest since 2004. Broadcom reported mixed earnings, missing on revenue, while Nvidia has significantly lagged the broader semiconductor rally, showing the largest underperformance gap on record. Private equity stocks, including KKR and Blackstone, have tumbled significantly this year, losing over a quarter of their market value.

  • The S&P 500’s nine-week winning streak is at risk; a win this week would be its longest since 1985.
  • Apple’s stock is also on pace for its longest weekly winning streak since 2004.
  • Broadcom missed revenue expectations in its quarterly report, though one analyst remains bullish.
  • Nvidia has significantly underperformed the semiconductor ETF (SOXX) over the past 60 trading days, with the largest gap on record.
  • Private equity stocks like KKR, Blackstone, and Carlyle Group have fallen more than 25% this year.
  • Nuclear stocks experienced a pullback after a previous rally.
  • Netflix shares have extended their losing streak to eight sessions, its longest since 2022, and have fallen in nine of the last 10 months.
  • Lululemon stock is down nearly 40% year-to-date and is coming off its third straight losing month.
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