Wall Street week ahead: Investors to closely watch inflation, retail sales data
1 month, 2 weeks ago

Wall Street week ahead: Investors to closely watch inflation, retail sales data

Live Mint  

In past few days, Wall Street witnessed stock indices climbing to records after Republican candidate and former president Donald Trump resoundingly won the US election against Vice President Kamala Harris. Among the economic data, investors will closely watch consumer inflation and retail sales numbers next week. On November 15, separate reports on Empire State manufacturing survey for November, US retail sales for October, and industrial production for October will be released. Earnings Following companies are due to report third quarter earnings in the week ahead — Live Nation Entertainment, Aramark, Zeta Global Holdings, Talos Energy, Angi, Home Depot, AstraZeneca, Shopify, Spotify, Occidental Petroleum, Tyson Foods, Cisco Systems, Nu Holdings, Alcon, CyberArk Software, Tower Semiconductor, Walt Disney, Applied Materials, JD.com, Talen Energy, Advance Auto Parts, Alibaba Group Holding, Copart, Williams-Sonoma, and Spectrum Brands Holdings.

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Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
1 day, 3 hours ago

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%

Live Mint  

US stocks were mixed on Monday, as a stopgap government funding bill averted a partial shutdown. At 11:07 a.m. the Dow Jones Industrial Average fell 247.19 points, or 0.58 per cent, to 42,593.07 and the S&P 500 lost 5.47 points, or 0.09 per cent, to 5,925.38. At 09:45 am ET, the Dow Jones Industrial Average fell 132.48 points, or 0.32 …

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
1 day, 5 hours ago

Wall Street heads for upbeat open as investors cheer US inflation data

Live Mint  

* Dollar gains, S&P futures up 0.1% * Futures imply two Fed rate cuts in 2025 * Dollar remains strong on high bond yields By Amanda Cooper LONDON, Dec 23 - U.S. stock futures rose on Monday, pointing to an upbeat start on Wall Street following a U.S. inflation reading last week that offered some hope for further policy easing …

Wall Street week ahead: After Fed’s hawkish stance, investors to look for Santa Claus rally
2 days, 1 hour ago

Wall Street week ahead: After Fed’s hawkish stance, investors to look for Santa Claus rally

Live Mint  

After the hawkish stance of the US Federal Reserve last week, investors on Wall Street in the holiday-shortened week ahead will face a largely uneventful economic calendar. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave last week when the central bank hinted it may deliver fewer rate cuts in 2025 than it earlier …

Wall Street rises to turn a dismal week into just a bad one
4 days, 13 hours ago

Wall Street rises to turn a dismal week into just a bad one

Associated Press  

NEW YORK — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave this week when the central bank hinted it may deliver fewer cuts to interest rates next year …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
6 days, 3 hours ago

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies

Live Mint  

US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. At 12:00 pm ET, the Dow Jones Industrial Average rose 160.68 points, or 0.37 per cent, to 43,610.58, the S&P 500 gained 12.56 points, or 0.21 per cent, …

Wall Street: US stocks slip after strong retail sales data, Nvidia dips 3.5%, Pfizer jumps 4% — Why markets are falling
1 week ago

Wall Street: US stocks slip after strong retail sales data, Nvidia dips 3.5%, Pfizer jumps 4% — Why markets are falling

Live Mint  

US stocks slipped on Tuesday, as investors become cautious ahead of the Federal Reserve's interest rate decision following strong retail sales data. At 9:41 am ET, the Dow Jones Industrial Average fell 231.55 points, or 0.53 per cent, to 43,487.22, the S&P 500 lost 28.68 points, or 0.47 per cent, to 6,045.40 and the Nasdaq Composite lost 97.40 points, or …

Wall Street week ahead: Spotlight on Federal Reserve’s last interest rate decision of 2024
1 week, 2 days ago

Wall Street week ahead: Spotlight on Federal Reserve’s last interest rate decision of 2024

Live Mint  

The spotlight on Wall Street in the week ahead will be on the US Federal Reserve’s last monetary policy decision of this year. Besides Fed decision, market participants will have a lot of economic data including retail sales, Q3 GDP growth, personal income, and PCE index. On December 18, FOMC interest rate decision will be declared and Fed Chair Jerome …

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting
1 week, 5 days ago

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting

Live Mint  

Wall Street today: The US markets opened today with the S&P 500 and the Nasdaq losing points on Thursday, after closing higher at the previous market close. At 9:37 a.m., the Dow Jones Industrial Average rose 0.09 per cent to 44,188.62 points, the S&P 500 dropped 0.26 per cent to 6,068.64 points and the Nasdaq Composite fell 0.48 per cent …

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes
1 week, 6 days ago

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes

Live Mint  

US stocks edged higher on Wednesday after November CPI inflation data boosted hopes for interest rates cut by the Federal Reserve later this month. ET, the Dow Jones Industrial Average fell 9.26 points, or 0.02 per cent, to 44,238.61, the S&P 500 gained 46.31 points, or 0.77 per cent, to 6,081.22 and the Nasdaq Composite gained 291.54 points, or 1.48 …

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
1 week, 6 days ago

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000

Associated Press  

NEW YORK — U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. Stocks got a boost as expectations built that Wednesday’s inflation data will allow the Fed to deliver another cut to interest rates at its meeting next week. …

Wall Street gets back to climbing, and the Nasdaq tops 20,000
1 week, 6 days ago

Wall Street gets back to climbing, and the Nasdaq tops 20,000

LA Times  

The Standard & Poor’s 500 index rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high. Stocks got a boost as expectations built that Wednesday’s inflation data will enable the Fed to deliver another cut to interest rates at its meeting next week. “The data have given the Fed …

Wall Street week ahead: Investors’ focus on consumer price inflation
2 weeks, 2 days ago

Wall Street week ahead: Investors’ focus on consumer price inflation

Live Mint  

After the strong November payrolls data, released last week, boosted hopes for an interest rate cut in December,the focus of investors in the week ahead will be on the consumer price inflation. Earnings Following companies are due to report third quarter earnings in the week ahead — Oracle, Toll Brothers, Casey’s General Stores, AutoZone, Ferguson Enterprises, GameStop, Ollie’s Bargain Outlet …

Wall Street today: US stocks edge higher after strong jobs data
2 weeks, 4 days ago

Wall Street today: US stocks edge higher after strong jobs data

Live Mint  

Wall Street stocks edged higher on Friday after payrolls data showed growth in jobs in November. As of 10:05 am Eastern time, the S&P 500 added 0.3 per cent, the Dow Jones Industrial Average was or 0.1 per cent higher, and the Nasdaq Composite climbed 0.6 per cent. At the opening bell, the Dow Jones Industrial Average rose 58.6 points, …

Wall Street parties like it’s 1998 as AI fuels gains unmatched since dot-com era
2 weeks, 5 days ago

Wall Street parties like it’s 1998 as AI fuels gains unmatched since dot-com era

Associated Press  

NEW YORK — The S&P 500 is on track to close 2024 with a gain of nearly 27%, after setting 50 record highs this year. That’s on top of its 24.2% spurt the year before, a spectacular two-year run unmatched since the dot-com boom. But perhaps more importantly, it’s so far avoided a recession that many on Wall Street worried …

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000
2 weeks, 5 days ago

Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

Associated Press  

NEW YORK — The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. Bitcoin powered above $100,000 for the first time the night before, after President-elect Donald Trump chose Paul Atkins, who’s seen as a crypto advocate, as his nominee to head the Securities and Exchange …

Wall Street edges back from its records as bitcoin briefly pops above $100,000
2 weeks, 5 days ago

Wall Street edges back from its records as bitcoin briefly pops above $100,000

LA Times  

Holiday decorations adorn the New York Stock Exchange in New York’s Financial District on Wednesday. The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. Bitcoin powered above $100,000 for the first time the night before, after President-elect Donald Trump chose Paul Atkins, who’s seen as …

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher
3 weeks ago

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher

Live Mint  

Wall Street stock indices were mixed on Tuesday after the S&P 500 and the Nasdaq hit record high levels in the previous session. As of 10:15 am Eastern time, the S&P 500 was down 0.1 per cent, the Dow Jones Industrial Average dropped 0.2 per cent, and the Nasdaq Composite edged up by 0.1 per cent. At the opening bell, …

Wall Street today: US stocks mixed amid strong Black Friday sales, manufacturing report
3 weeks, 1 day ago

Wall Street today: US stocks mixed amid strong Black Friday sales, manufacturing report

Live Mint  

US stock indices were mixed on Monday amid signs of strong Black Friday sales and after a report showed the US manufacturing sector is doing slightly better than feared. ET, the Dow Jones Industrial Average fell 102.81 points, or 0.23 per cent, to 44,807.84, the S&P 500 gained 11.19 points, or 0.19 per cent, to 6,043.57 and the Nasdaq Composite …

Wall Street week ahead: Investors eye Q3 GDP, PCE inflation, Federal Reserve minutes
1 month ago

Wall Street week ahead: Investors eye Q3 GDP, PCE inflation, Federal Reserve minutes

Live Mint  

Market participants on Wall Street in the holiday-shortened week ahead will have a lot of significant economic data to watch for. Among the economic reports, the week will see third quarter gross domestic product numbers, the personal income and Personal Consumption Expenditures price index data, the Fed’s preferred inflation gauge, for October. On November 27, separate reports on durable-goods orders …

Wall Street turns positive as Dow hits one-week high
Trending News
1 month ago

Wall Street turns positive as Dow hits one-week high

Live Mint  

* Amazon drops after report on EU investigation next year * Alphabet slips after Justice Department pushes for Chrome sale * Deere shares up after Q4 profit beats estimates * Indexes up: Dow 1.19%, S&P 500 0.65%, Nasdaq 0.22% By Abigail Summerville and Johann M Cherian Nov 21 - Wall Street's main indexes turned positive after choppy trading on Thursday, …

Wall Street drifts as Target tumbles
1 month ago

Wall Street drifts as Target tumbles

LA Times  

The Standard & Poor’s 500 index finished Wednesday virtually unchanged after erasing a loss of 1% from the morning. Target’s performance stood in stark contrast to rival Walmart, which reported another quarter of stellar sales Tuesday and released optimistic projections for the holiday season. It’s grown so fast, with its stock nearly tripling for the year through Tuesday, that pressure …

Wall Street rises following last week’s slide
1 month ago

Wall Street rises following last week’s slide

LA Times  

The Standard & Poor’s 500 index rose 0.4% for its first gain in three sessions. Stocks of banks, smaller companies and other areas of the market seen as the biggest winners from Trump’s preference for lower tax rates, higher tariffs and lighter regulation did particularly well. That could tie the Federal Reserve’s hands, when the central bank is trying to …

Wall Street week ahead: Nvidia, Walmart earnings to guide US stock markets
1 month, 1 week ago

Wall Street week ahead: Nvidia, Walmart earnings to guide US stock markets

Live Mint  

As the economic calendar is fairly light in the week ahead, the major focus of the market participants on Wall Street will be on earnings reports from big names such as chip giant Nvidia Corp, retail heavyweights Walmart Inc and Target Corp. Nvidia, the world’s most valued company by market capitalization will declare its third quarter results on November 20 …

Wall Street weakens as its post-election boom slows some more
1 month, 1 week ago

Wall Street weakens as its post-election boom slows some more

LA Times  

The Standard & Poor’s 500 index fell 0.6%, though it’s still near its all-time high set Monday. Cisco Systems’ drop of 2.1% weighed on the market, even though the tech giant reported stronger profit for the latest quarter than analysts expected. It’s a turnaround from the election’s immediate aftermath, when the thought was that an “America first” president would benefit …

Wall Street today: US stocks mixed after consumer inflation data
1 month, 1 week ago

Wall Street today: US stocks mixed after consumer inflation data

Live Mint  

Wall Street stocks were mixed on Wednesday after data showed consumer price inflation rose last month. As of 10:59 am Eastern time, the S&P 500 was virtually flat, the Dow Jones Industrial Average was up 0.3 per cent, and the Nasdaq Composite was 0.2 per cent lower. As of 9:35 am Eastern time, the S&P 500 was 0.1 per cent …

Stocks fall as rally stalls, yields climb on Trump policy worry
Trending News
1 month, 1 week ago

Stocks fall as rally stalls, yields climb on Trump policy worry

Live Mint  

By Chuck Mikolajczak NEW YORK -A gauge of global stocks fell on Tuesday after five straight sessions of gains while the dollar hit its highest level in over four months as investors assess the impact of U.S. President-elect Donald Trump's likely policies on growth and inflation. But concerns that Trump's policies could rekindle inflation after a long battle to reduce …

How major US stock indexes fared Monday, 11/11/2024
Trending News
1 month, 1 week ago

How major US stock indexes fared Monday, 11/11/2024

Associated Press  

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up …

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%
1 month, 1 week ago

Wall Street today: US stock indices at record high as post-election rally continues, Tesla climbs 8%

Live Mint  

US stock indices surged to record high on Monday, following last week’s rally as optimism on proposed tax cuts and expectations of an easier regulatory environment after Donald Trump won the US presidency continued. The Dow Jones Industrial Average rose 390.08 points, or 0.89 per cent, to 44,379.07, the S&P 500 gained 13.36 points, or 0.22 per cent, to 6,008.90, …

Wall Street continues to roll higher in wake of Trump victory
1 month, 1 week ago

Wall Street continues to roll higher in wake of Trump victory

LA Times  

U.S. stocks rose Monday, led by those seen as benefiting the most from Donald Trump’s election as president, but drops for some high-profile Big Tech stocks kept indexes in check. Several pieces of what’s known as the “Trump trade” also helped drive the market, as investors try to identify which companies will be winners under a second Trump term. Stocks …

Wall Street on track to log best week in one year after Trump’s poll win; S&P 500, Dow in green after US Fed rate cut
1 month, 2 weeks ago

Wall Street on track to log best week in one year after Trump’s poll win; S&P 500, Dow in green after US Fed rate cut

Live Mint  

Wall Street today: US stocks are on track to close their best week in a year with some modest moves on Friday, November 8, after Republican Donald Trump won the US presidential elections 2024 and the US Federal Reserve cut interest rates again by 24 basis points in its latest monetary policy decision. Shares of digital pinboard and shopping site …

Stock market today: Wall Street cruises to more records as it closes its best week in a year
1 month, 2 weeks ago

Stock market today: Wall Street cruises to more records as it closes its best week in a year

Associated Press  

NEW YORK — U.S. stocks cruised to more records as they closed their best week in a year on Friday. The relatively quiet trading followed huge gains earlier in the week after Donald Trump won the presidential election and the Federal Reserve cut interest rates again to make things easier for the economy. Digital pinboard and shopping site Pinterest slid …

US Stock Market Soars on Election Day as Voters Head to Polls
1 month, 2 weeks ago

US Stock Market Soars on Election Day as Voters Head to Polls

Hindustan Times  

US stock market is ticking higher on Election Day as voters head to polls. The S&P 500 is up 0.4%, the Dow Jones Industrial Average is up 0.2%, and the Nasdaq composite is up 0.6%. The election is the main event, even if the result may not be known for days, weeks or months as officials count all the votes.

Wall Street today: US stocks rally, led by chips & techs as investors await election outcome
1 month, 2 weeks ago

Wall Street today: US stocks rally, led by chips & techs as investors await election outcome

Live Mint  

US stocks rallied on Tuesday with chips and technology shares climbing as strong economic data boosted sentiments, while investors awaited the outcome of the tightly contested presidential election and other potentially market-rattling events this week. The Dow Jones Industrial Average rose 382.09 points, or 0.91 per cent, to 42,176.69, the S&P 500 gained 59.65 points, or 1.04 per cent, at …

Wall Street today: US stocks mixed ahead of presidential election, Nvidia rises 1.7%
1 month, 2 weeks ago

Wall Street today: US stocks mixed ahead of presidential election, Nvidia rises 1.7%

Live Mint  

US stocks were mixed on Monday ahead of Tuesday’s presidential election and Federal Reserve’s expected rate cut decision later in the week. The Dow Jones Industrial Average was down 0.5 per cent, and the Nasdaq Composite was 0.1 per cent higher. The Dow Jones Industrial Average was down 0.3per cent and the Nasdaq Composite was 0.1per cent higher. At the …

Wall Street closes mostly lower and ends a 6-week winning streak
1 month, 4 weeks ago

Wall Street closes mostly lower and ends a 6-week winning streak

LA Times  

U.S. stock indexes gave up early gains and drifted to a mixed finish Friday, helping give the market its first losing week since early September. The latest round of corporate profit reports could give Wall Street a better sense of whether the high stock prices are justified. Capital One Financial rose 5.2% after beating Wall Street’s third-quarter financial forecasts. Economists …

Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps
3 months ago

Wall Street closes its record-setting week mixed as FedEx slumps and Nike jumps

LA Times  

A record-setting week for Wall Street closed on a quieter note Friday, as U.S. stocks drifted around the highs they hit during a worldwide rally the day before. The cut closed the door on a run in which the Fed kept its main interest rate at a two-decade high in hopes of slowing the U.S. economy enough to stamp out …

How major US stock indexes fared Friday, 9/13/2024
3 months, 1 week ago

How major US stock indexes fared Friday, 9/13/2024

Associated Press  

U.S. stocks rose closer to their records and closed out their best week of the year as hopes built for a big rate cut next week. The S&P 500 rose 0.5% Friday to climb within 0.7% of its all-time high reached in July. The Dow Jones Industrial Average rose 297.01 points, or 0.7%, to 41,393.78. The Russell 2000 index of …

Stock market today: Wall Street rallies near its record heights as ‘time has come’ for cuts to rates
4 months ago

Stock market today: Wall Street rallies near its record heights as ‘time has come’ for cuts to rates

Associated Press  

NEW YORK — U.S. stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy. The S&P 500 rose 1.1% after Fed Chair Jerome Powell said in a highly anticipated speech that the …

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts
4 months ago

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts

Associated Press  

NEW YORK — U.S. stocks ticked higher Wednesday after more big companies delivered profit reports that topped analysts’ expectations. The hope is he’ll offer clues about how deeply and quickly the Fed will begin cutting interest rates next month after it jacked them to a two-decade high to beat inflation. Most Federal Reserve officials agreed last month that they would …

Signs of Sufficient Economic Progress: Wall Street Week
4 months, 1 week ago

Signs of Sufficient Economic Progress: Wall Street Week

Bloomberg  

Welcome to the Wall Street Week newsletter, giving you some investing food for thought from our conversations on Bloomberg Television with some of the best minds on Global Wall Street. I'm David Westin, and this week we talked with Goldman Sachs Chief Economist Jan Hatzius about what numbers out this week told us about the US economy, with Greg Peters …

How major US stock indexes fared Thursday, 8/15/2024
4 months, 1 week ago

How major US stock indexes fared Thursday, 8/15/2024

Associated Press  

Wall Street rallied closer to its record highs following signs that the U.S. economy is holding up better than expected. The Dow Jones Industrial Average jumped 1.4%, and the Nasdaq composite added 2.3%. On Thursday: The S&P 500 rose 88.01 points, or 1.6%, to 5,543.22. The Dow Jones Industrial Average rose 554.67 points, or 1.4%, to 40,563.06. The Russell 2000 …

Wall Street rallies to one of its best days of the year after inflation report
4 months, 1 week ago

Wall Street rallies to one of its best days of the year after inflation report

LA Times  

The Standard & Poor’s 500 jumped 1.7% after the government reported that inflation at the wholesale level slowed last month by more than economists expected. The Standard & Poor’s 500 jumped 1.7% for its third-best day of 2024 after the U.S. government reported inflation at the wholesale level slowed last month by more than economists expected. Treasury yields eased in …

Stock market today: Wall Street holds relatively steady ahead of big tests coming later in the week
4 months, 1 week ago

Stock market today: Wall Street holds relatively steady ahead of big tests coming later in the week

Associated Press  

NEW YORK — U.S. stocks drifted through a quiet Monday to finish mixed, as markets around the world stabilized following a wild week of extreme swings. AP AUDIO: Stock market today: Wall Street holds relatively steady ahead of big tests coming later in the week AP business correspondent Seth Sutel reports a calmer atmosphere is starting the week on Wall …

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
4 months, 2 weeks ago

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

Associated Press  

NEW YORK — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy. Treasury yields also climbed in the bond market in a signal investors are feeling less worried about the economy after a report showed fewer U.S. workers applied for unemployment benefits last week. “Today’s jobless claims …

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report
5 months, 1 week ago

Stock market today: Asian stocks mixed amid volatile yen after Wall St climbs on inflation report

Associated Press  

HONG KONG — Asian stocks were mixed Friday with the yen moved between gains and losses after the latest update on inflation bolstered Wall Street’s belief that relief on interest rates may come as soon as September. AP AUDIO: Stock market today: Most of Wall Street rises after key inflation report, but Big Tech slumps Markets continue moving higher. Wall …

Wall Street week ahead: Fed minutes, jobs data, manufacturing PMI to be major focus of investors
5 months, 3 weeks ago

Wall Street week ahead: Fed minutes, jobs data, manufacturing PMI to be major focus of investors

Live Mint  

Next week, Wall Street will see several key economic data such as the Federal Reserve minutes, employment numbers, S&P final US manufacturing PMI, and trade deficit data. Job openings data for May and nonfarm payrolls report for June are likely to be the major focus of the stock market participants. July 3 will see the release of the minutes of …

‘Average People May Be on to Something Here’: Wall Street Week
6 months ago

‘Average People May Be on to Something Here’: Wall Street Week

Bloomberg  

Welcome to the Wall Street Week newsletter, where the best minds on Global Wall Street give you some investing food for thought from our conversations on Bloomberg Television. I'm David Westin, and this week we talked with our special contributor, Larry Summers of Harvard, about generative AI's potential effects, with Glenn Hubbard of the Columbia Business School about the economic …

US stock market update: S&P 500 hits 30th record of 2024
6 months ago

US stock market update: S&P 500 hits 30th record of 2024

Hindustan Times  

A rally in several large technology companies drove stocks to all-time highs, with some prominent Wall Street strategists rushing to boost their targets even as many hedge funds grow increasingly cautious. “We believe the S&P 500 can reach 6,000 by year-end as the combination of better earnings and one or two rate cuts is like a turbo booster for stock …

Wall Street barrels to records as Nvidia tops $3 trillion in total value
6 months, 2 weeks ago

Wall Street barrels to records as Nvidia tops $3 trillion in total value

LA Times  

The Standard & Poor’s 500 index climbed 1.2% to top its all-time high set two weeks ago. Wall Street barreled to records Wednesday as its frenzy around artificial intelligence technology keeps sending stocks higher. Perhaps more importantly for Wall Street, the report from the Institute for Supply Management also said prices rose at a slower pace in May than a …

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