Many market watchers may have heard of Ed Yardeni of Yardeni Research because he has been one of the most bullish strategists in recent years. In fact, early this year, he said the S&P 500 index could hit 10,000 by 2029, which implies close to another 50% upside over the next four years.

The Cboe Volatility Index, better known as the VIX or Wall Street's "fear gauge," has bounced back above 20 on Friday as investors fret about still-high stock-market valuations and the possible economic fallout from what has become the longest government shutdown in U.

Stock index futures pared earlier gains on Friday, a day after Wall Street witnessed a red day, driven by concerns about the labor market. S&P 500 futures (SPX), Nasdaq 100 futures (US100:IND), and Dow futures (INDU) were all flat.

US stocks tumbled Thursday as concerns mounted about expensive tech stocks and a risk-off sentiment spread through markets after new data showed a bleak outlook for the job market.

Live Updates Live Coverage Has Ended No updates were posted during this live coverage. Most of the major indices are in the red this morning. Dow futures are up about 41 points. S&P 500 futures are up fractionally,

U.S. stocks pushed lower on Friday, amid an AI-tech trade that continued to decline, fears about a deteriorating labor market, and the ongoing U.S. government shutdown. The major indexes are on track to post losses this week.

The stock market rallied late on Friday to salvage the end of an otherwise rough week on Wall Street. The Dow Jones Industrial Average rose 75 points, or 0.2%. The S&P 500 rose 0.1%. The Nasdaq Composite fell 0.2%. The Nasdaq marked its worst week since April 4.

Major Asian stock markets suffered strong losses, with Japan's Nikkei and Korea's Kospi crashing 2 per cent each and Hang Seng dropping by a per cent during the session on November 7, following an up to 2 per cent fall on Wall Street overnight.

IonQ Stock Jumps on Revenue That Crushed Wall Street's Estimate. Earnings, However, Were Worse Than Expected. Investors in the quantum computing stock cheered the strong revenue growth and overlooked the widening loss.

The stock market marked its biggest decline in nearly a month after Wall Street shed highflying technology stocks. The S&P 500 dropped 1.2%. The Nasdaq Composite slid 2%. Both marked their biggest daily declines since Oct.