Nia Warfield

5 days ago | sherwood.news | Nia Warfield |Luke Kawa

A big rally in chip stocks amid continued optimism on the AI boom coupled with smaller advances in most stocks made for another strong session on Wall Street. The S&P 500 rose 0.6%, the Nasdaq 100 ended up 0.8%, and the Russell 2000 led the way with a 1.6% gain on Tuesday. Tech was the best-performing S&P 500 sector ETF but unlike Monday, gains were more widespread, with advancers in the S&P 500 outnumbering decliners by 218.

6 days ago | sherwood.news | Nia Warfield |Luke Kawa

US stocks enjoyed a positive start to the week, shaking off early losses to finish near their highs of the day. The S&P 500 rose 0.4%, the Nasdaq 100 gained 0.7%, and the Russell 2000 went up 0.2%. The S&P 500’s rally came despite decliners outnumbering advancers by 22. Energy was the best-performing S&P 500 sector ETF despite another production increase from OPEC+, while tech also put in a solid gain. Industrials was the lone sector to finish in the red.

1 week ago | sherwood.news | Nia Warfield

Stocks were mixed Friday after President Donald Trump accused China of violating its preliminary trade agreement, rekindling fears of a prolonged trade war. The S&P 500 closed flat, the Nasdaq fell 0.32%, and the Russell 2000 was down 0.41%. Still, all three indexes ended May firmly in the green, with the Nasdaq and the S&P 500 logging their best month since 2023. It was also the S&P 500’s best May since 1990.

1 week ago | sherwood.news | Nia Warfield

(Don & Melinda Crawford/Education Images/Universal Images Group via Getty Images) The Sam’s Club rival also introduced new “Scan & Pay” checkout tech at its warehouses. Costco shares rose nearly 4% Friday afternoon as investors warmed up to the warehouse retailer’s solid Q1 earnings report. Earnings per share came in at $4.28, narrowly beating FactSet estimates of $4.25, while revenue slightly topped expectations at $63.2 billion.

1 week ago | sherwood.news | Nia Warfield

(Paul Weaver/Getty Images)The beauty retailer credited a “very successful” 21 Days of Beauty campaign and strong Valentine’s and Easter demand. Ulta Beauty shares were up nearly 11% in early trading Thursday after the beauty retailer reported blowout Q1 results and lifted its full-year outlook. Revenue hit $2.84 billion, topping FactSet’s $2.79 billion estimate. Earnings per share clocked in at $6.70, far above Wall Street’s $5.80 forecast.