Nvidia's stock declined after the company was linked to over $750 billion in AI-related investments and financing guarantees, shifting Wall Street's focus from strong demand to potential balance sheet risks.
Costco Wholesale shares gained over 2% as investors reacted to strong sales data and positive analyst sentiment ahead of its earnings report, while a broader market rotation out of technology stocks provided an additional tailwind.
Norway's benchmark stock index closed lower on Monday, dragged down by a sharp sell-off in energy giants like Equinor and Var Energi. The decline coincided with a more than 5% drop in global crude oil prices.
The Tel Aviv 35 index closed down sharply on Monday, dragged lower by significant losses in the technology, real estate, and biomed sectors. The decline was broad-based, with semiconductor stocks among the hardest hit.
The S&P 500 Energy index dropped 1.5% on Monday as crude oil prices tumbled following a pause in military actions between the U.S. and Iran, easing fears of a wider conflict and supply disruptions.
Shares of defense and aerospace giant RTX Corp. reached a new 52-week high, buoyed by industry tailwinds and positive analyst sentiment, though technical indicators suggest the rally may be overextended.
The Athens General Composite index closed 1.02% higher on Monday, buoyed by strong performance in the banking, construction, and travel sectors. The gains came despite a sharp downturn in global oil prices that weighed on energy-related stocks.
Recent SEC filings show a cluster of insider purchases at Rhinebeck Bancorp following a steep price drop, while executives at several large-cap firms including State Street and Levi Strauss sold shares, some under pre-arranged trading plans.
Michigan is grappling with over 8,100 cases of cyclosporiasis, the epicenter of a nine-state outbreak, as state and local health officials report that their response is severely hampered by staff shortages resulting from prior federal funding reductions.
