Business, Commodities & Shipping News 2026

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S&P 500 tumbles nearly 1% as investors rotate out of tech, Dow slides more than 160 points: Live updates​

The S&P 500 pulled back as investors dumped technology stocks and moved into shares more broadly linked to improvements in the economy.

The broad market index fell 0.84% and closed at 6,917.81. The Dow Jones Industrial Average dipped 166.67 points, or 0.34%, to end at 49,240.99. Earlier, the 30-stock index rose as much as 0.5% to touch 49,653.13, a new record. The Nasdaq Composite shed 1.43%, settling at 23,255.19.

More:

www.cnbc.com

S&P 500 tumbles nearly 1% as investors rotate out of tech, Dow slides more than 160 points: Live updates

The broad market index fell on Tuesday as investors sold their tech shares.
www.cnbc.com www.cnbc.com
 

Are 'tech dense' farms the future of farming?​

Jake Leguee is a third-generation farmer in Saskatchewan, Canada.

Since his grandfather bought the 17,000 acres in 1956, the Leguee family has grown canola, wheat, flax and green lentils.

As a child, he watched his father and grandfather spending hours riding their tractor to sow seeds and spray crops. Sweat would coat their shirts after those long, hot days.

More:

https://www.msn.com/en-us/news/othe...uture-of-farming/ar-AA1UxlBc?ocid=socialshare
 
Weekly scrap market report

Copper Just Swung $1 in Days — What Scrap Yards NEED to Know Right Now​

The scrap metal market is delivering some of the wildest price swings we’ve ever seen — and copper is leading the charge. In this week’s report, we break down why copper prices are moving so violently, what it means for scrap yards, and where the market could head next.
Want to find scrap prices across the country? See them HERE: https://iScrapApp.com/
👉 Read more: https://iscrapapp.com/blog/weekly-scr...


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S&P 500 notches back-to-back losses, Nasdaq slides 1% as chips and software sell off: Live updates​

The S&P 500 fell on Wednesday as the sell-off in technology stocks intensified, with losses in Advanced Micro Devices hindering the trade.

The broad market index slid 0.5%, while Dow Jones Industrial Average added 259.91 points, or 0.5%. The Nasdaq Composite dropped 1.5%. Adding to the risk-off sentiment, bitcoin fell 3% after earlier breaking below the $73,000 level.

Shares of AMD weighed on the broader market, pulling back 16% after its first-quarter forecast underwhelmed some analysts. Defending the results, CEO Lisa Su told CNBC Wednesday that the company has seen an increase in demand in recent months, saying, “AI is accelerating at a pace that I would not have imagined.”

More:

www.cnbc.com

S&P 500 notches back-to-back losses, Nasdaq slides 1% as chips and software sell off: Live updates

The sell-off in technology stocks picked up steam Wednesday, led by losses in Advanced Micro Devices.
www.cnbc.com www.cnbc.com
 
uaw.org

UAW Reaches Tentative Agreement with Volkswagen in Chattanooga, Marking Historic Breakthrough for Southern Autoworkers - UAW | United Automobile, Aerospace and Agricultural Implement Workers of America

Autoworkers at Volkswagen’s Chattanooga plant have won a historic tentative agreement with the company. After making history as the first Southern autoworkers outside the Big Three to join the UAW, the 3,200 workers at Volkswagen Chattanooga have won a tentative contract deal that provides 20...
uaw.org uaw.org
 

Dow tumbles nearly 600 points, S&P 500 goes negative for 2026 in tech sector rout: Live updates​

U.S. equities fell for another session on Thursday as investors took a risk-off stance, leading popular trades in technology and bitcoin to unravel.

The Dow Jones Industrial Average shed about 592.58 points, or 1.20%, ending at 48,908.72. The S&P 500 lost 1.23%, closing at 6,798.40 and landing in negative territory for the year. The Nasdaq Composite declined 1.59% and settled at 22,540.59. The 30-stock Dow was down nearly 700 points, or about 1.4%, at session lows, while the broad market S&P 500 and Nasdaq dropped 1.5% and 1.9%, respectively.

Alphabet was the latest of the “Magnificent Seven” companies to report earnings results. The company projected a sharp increase in artificial intelligence spending that spooked some investors, calling for 2026 capital expenditures of up to $185 billion. Shares lost 0.5%. However, shares of Broadcom climbed almost 1% following news of Alphabet’s spending plans, offering some hope for the artificial intelligence trade as the market deciphers its winners and losers.

More:

www.cnbc.com

Dow tumbles nearly 600 points, S&P 500 goes negative for 2026 in tech sector rout: Live updates

Wall Street is coming off a major sell-off in software stocks that drove the S&P 500 to a second straight day of losses.
www.cnbc.com www.cnbc.com
 

Dow surges more than 1,000 points to hit 50,000 for the first time in massive snapback from tech rout: Live updates​

Stocks surged on Friday as technology stocks recovered following several days of heavy selling in the sector and bitcoin rebounded following a rout that took the popular cryptocurrency down more than 50% at one point.

The Dow Jones Industrial Average advanced 1,184 points, or 2.4%, exceeding the 50,000 level for the first time ever and turning positive for the week. The S&P 500 jumped 1.9%, while the Nasdaq Composite traded up 2.2%. With those moves, the S&P 500 climbed back into the green for 2026.

Even with Friday’s pop, the S&P 500 was still on pace for a 0.1% decline for the week, while the Nasdaq is down almost 2% on the week. The 30-stock Dow, meanwhile, is sitting up 2.5% week to date, benefitting from some rotation into some economically cyclical stocks even as the overall market was weighed down by tech selling.

More:

www.cnbc.com

Dow surges more than 1,000 points to hit 50,000 for the first time in massive snapback from tech rout: Live updates

Friday's rebound followed several days of heavy selling in the tech sector.
www.cnbc.com www.cnbc.com
 
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