Wall Street rallies as some US states relax lockdown restrictions; all major indexes claw back, gain over 1%
4 years, 8 months ago

Wall Street rallies as some US states relax lockdown restrictions; all major indexes claw back, gain over 1%

Firstpost  

The indexes are all now within 20 percent of their record closing highs reached in February, with the benchmark S&P 500 on track for its best month since 1987, after trillions of stimulus dollars helped US equities recover from March lows. New York: Wall Street advanced on Monday as investors girded for a busy earnings week while turning a hopeful eye toward several US states that are relaxing shutdown restrictions put in place to curb the spread of the COVID-19 pandemic. All three major US stock averages gained more than 1 percent, having clawed back much of the ground lost since the coronavirus crisis brought the economy to a grinding halt. Tesla Inc jumped 9.2 percent and gave the Nasdaq its biggest boost after a report said the company is calling some workers back to its California vehicle-assembly plant next week.

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History of this topic

Stock market today: Wall Street slumps as good news for the economy is once again bad for stocks
2 days, 17 hours ago

Stock market today: Wall Street slumps as good news for the economy is once again bad for stocks

Associated Press  

NEW YORK — Good news on the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. Now that worries from the summer about a potentially slowing U.S. economy have abated and the 10-year Treasury yield is firmly above 4.50%, “we believe the market …

Wall Street slumps as good news for the economy is once again bad for stocks
2 days, 20 hours ago

Wall Street slumps as good news for the economy is once again bad for stocks

LA Times  

Good news for the U.S. economy is back to being bad for Wall Street, and the stock market slumped Tuesday following better-than-expected reports on the job market and business activity. But such a solid economy could also keep up pressure on inflation, and it could make the Federal Reserve less likely to deliver the cuts to interest rates that Wall …

Stock market today: S&P 500 rallies to its first gain since Christmas
6 days, 16 hours ago

Stock market today: S&P 500 rallies to its first gain since Christmas

Associated Press  

NEW YORK — Wall Street snapped out of its holiday-season funk on Friday. The S&P 500 rallied 1.3% for its first gain since Christmas and its best day in nearly two months. On the losing end of Wall Street was U.S. Steel, which fell 6.5% after President Joe Biden blocked a nearly $15 billion deal proposed by Japan’s Nippon Steel …

Standard & Poor’s 500 rallies to its first gain since Christmas
6 days, 20 hours ago

Standard & Poor’s 500 rallies to its first gain since Christmas

LA Times  

Traders work on the floor at the New York Stock Exchange on Thursday. The Standard & Poor’s 500 rallied 1.3% for its first gain since Dec. 24 and its best day in nearly two months. On the losing end of Wall Street was U.S. Steel, which fell 6.5% after President Biden blocked a nearly $15-billion deal proposed by Japan’s Nippon …

Stock market today: Wall Street opens 2025 with more modest losses
1 week ago

Stock market today: Wall Street opens 2025 with more modest losses

Associated Press  

NEW YORK — U.S. stock indexes slipped on Thursday as Wall Street’s weak end to last year carried into 2025. Consider a measure tracked by Bank of America of how heavily Wall Street analysts are recommending stocks, which recently hit its highest level since early 2022, according to strategist Savita Subramanian. As the calendar flips to a new year, Wedbush …

Wall Street opens 2025 with more modest losses
1 week ago

Wall Street opens 2025 with more modest losses

LA Times  

Traders work on the floor at the New York Stock Exchange in New York’s Financial District on Jan. 2, 2025. U.S. stock indexes slipped Thursday as Wall Street’s weak end to last year carried into 2025. Consider a measure tracked by Bank of America of how heavily Wall Street analysts are recommending stocks, which recently hit its highest level since …

What to expect from stocks in 2025
1 week, 1 day ago

What to expect from stocks in 2025

CNN  

New York CNN — Stocks had a blockbuster 2023 and 2024. US stocks surged last year as strong economic growth, cooling inflation, a series of Federal Reserve rate cuts and enthusiasm for President-elect Donald Trump’s election victory boosted investor optimism. “I am bullish on stocks for 2025, though with valuations high and the bull market maturing, I don’t think investors …

What to expect from stocks in 2025
1 week, 1 day ago

What to expect from stocks in 2025

CNN  

New York CNN — Stocks had a blockbuster 2023 and 2024. US stocks surged last year as strong economic growth, cooling inflation, a series of Federal Reserve rate cuts and enthusiasm for President-elect Donald Trump’s election victory boosted investor optimism. “I am bullish on stocks for 2025, though with valuations high and the bull market maturing, I don’t think investors …

How major US stock indexes fared Tuesday, 12/31/2024
Trending News
1 week, 1 day ago

How major US stock indexes fared Tuesday, 12/31/2024

Associated Press  

Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year. The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite lost 0.9%. Big Tech …

Wall Street today: US stocks rise on final day of bullish 2024
Trending News
1 week, 2 days ago

Wall Street today: US stocks rise on final day of bullish 2024

Live Mint  

Wall Street stocks edged higher on the final trading session of 2024 on Tuesday, extending a bull run of the year fuelled by a nearly 100 basis point cut in interest rates by the US Federal Reserve and a boost from the AI revolution At 09:53 am, the Dow Jones Industrial Average rose 79.15 points, or 0.19 per cent, to …

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
1 week, 2 days ago

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year

Associated Press  

Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The stock market’s record-breaking turn in 2024 was “certainly much better that what most people on Wall Street, myself included, thought we would get this year,” said Sam Stovall, chief investment strategist at CFRA. Receding inflation, …

Stocks just did something they haven’t done in nearly three decades
1 week, 2 days ago

Stocks just did something they haven’t done in nearly three decades

CNN  

New York CNN — US markets wrapped up a blockbuster 2024 by marking an achievement so rare that it’s only ever happened a handful of times. Despite US stocks closing lower Tuesday in a disappointing December that saw the Dow drop over 2,000 points, or about 5%, and the S&P 500 slide 2.5%, this was a stellar year for stocks. …

Wall Street indexes lose ground as market closes another record-breaking year
1 week, 2 days ago

Wall Street indexes lose ground as market closes another record-breaking year

LA Times  

A sign outside the New York Stock Exchange marks the intersection of Wall and Broad Streets, Dec. 12, 2024, in New York. Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The stock market’s record-breaking turn in 2024 was “certainly much better that what most …

Wall Street ends lower on penultimate trading day of a strong 2024
Trending News
1 week, 2 days ago

Wall Street ends lower on penultimate trading day of a strong 2024

Live Mint  

* Crypto stocks drop tracking bitcoin's slide * Boeing dips as South Korea begins crash investigation * U.S. stock markets closed on Jan 9 * Indexes down: Dow 0.59%, S&P 500 0.61%, Nasdaq 0.61% By Stephen Culp NEW YORK, Dec 30 - Wall Street closed in negative territory on Monday in light volume at the top of a holiday-shortened week …

Stock market today: Wall Street slips in final days of a banner year for US stocks
1 week, 3 days ago

Stock market today: Wall Street slips in final days of a banner year for US stocks

Associated Press  

U.S. stocks closed broadly lower Monday as a banner year on Wall Street looked set to finish on a sour note. Wall Street expects companies within the S&P 500 to report broad earnings growth of more than 9% for the year, according to FactSet. Wall Street was encouraged by cooling inflation throughout the year that had brought the rate of …

Stocks set to end 2024 on a sour note despite strong gains for the year
1 week, 3 days ago

Stocks set to end 2024 on a sour note despite strong gains for the year

CNN  

New York CNN — US stocks dropped Monday, with the Dow falling by 418 points, or just under 1%, as markets close out a record year. Shares of Boeing also saw major declines Monday following the fatal Jeju Air crash, which prompted South Korea to order an inspection of all its 737-800 planes, the Boeing model that crashed. In the …

Stock market today: Wall Street slips in final days of a banner year for US stocks
1 week, 3 days ago

Stock market today: Wall Street slips in final days of a banner year for US stocks

LA Times  

The New York Stock Exchange is shown in New York’s Financial District on Dec. 23, 2024. U.S. stocks closed broadly lower Monday as a banner year on Wall Street looked set to finish on a sour note. Wall Street expects companies within the S&P 500 to report broad earnings growth of more than 9% for the year, according to FactSet. …

Wall St Week Ahead-Trump’s first actions and job data to test market in January
1 week, 4 days ago

Wall St Week Ahead-Trump’s first actions and job data to test market in January

Live Mint  

By Laura Matthews NEW YORK, - After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. Stocks tend to do well in the last five trading days of December and into the first two …

Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTD
1 week, 6 days ago

Wall Street Today: US stocks extend holiday-thin trading dragged by Nvidia, set for 1% weekly gain; S&P up 25% YTD

Live Mint  

Wall Street Today: Wall Street's main indices opened lower after US stocks fell in morning trading on Friday, December 27, dampening an upbeat holiday-shortened week that started looking like a classic "Santa Claus" rally was unfolding. The S&P 500 fell 1.4 per cent, with over 80 per cent of stocks in the benchmark index losing ground. MSCI's broad global share …

Markets stumble as Wall Street sells off Big Tech
1 week, 6 days ago

Markets stumble as Wall Street sells off Big Tech

CNN  

CNN — US stocks ended Friday in the red, closing out a lackluster week despite a year of historic highs. The “Magnificent Seven” group of high-performing tech stocks — Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla — has accounted for more than half of the gains so far this year as they benefit from intense investor focus on ways …

Dow ends up to extend win run to five; rising yields pressure megacap stocks
1 week, 6 days ago

Dow ends up to extend win run to five; rising yields pressure megacap stocks

Live Mint  

* Weekly jobless claims at 219,000, below estimates * Crypto stocks fall tracking losses in bitcoin * Yield on U.S. 10-year Treasuries hits highest since May * Indexes: Dow up 0.07%, S&P 500 down 0.04%, Nasdaq off 0.05% By David French Dec 26 - The Dow Jones Industrial Average closed fractionally higher on Thursday, stretching its winning streak to five …

How major US stock indexes fared Thursday, 12/26/2024
Trending News
1 week, 6 days ago

How major US stock indexes fared Thursday, 12/26/2024

Associated Press  

Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. The Labor Department reported that U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level in …

Wall Street drifts to a mixed close in thin trading after Christmas pause
2 weeks ago

Wall Street drifts to a mixed close in thin trading after Christmas pause

LA Times  

The Standard & Poor’s 500 index slipped less than 0.1% on Thursday, its first loss after three straight gains. Stock indexes drifted to a mixed finish on Wall Street as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. U.S. applications for unemployment benefits held steady last week, though continuing claims rose to the highest level …

Stock market today: Wall Street rallies ahead of Christmas
2 weeks, 2 days ago

Stock market today: Wall Street rallies ahead of Christmas

Associated Press  

Technology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas. Elsewhere in the market, U.S. Steel rose 1.9% a day after an influential government panel failed to reach consensus on the possible national security risks of the nearly $15 billion proposed sale to Nippon Steel of Japan. Tuesday’s U.S. market rally comes …

Wall Street, led by Big Tech, rallies ahead of the Christmas holiday
2 weeks, 2 days ago

Wall Street, led by Big Tech, rallies ahead of the Christmas holiday

LA Times  

Lights marking the entrance to a subway station frame the exterior of the New York Stock Exchange. While Big Tech companies, including Apple, Amazon and chip company Broadcom helped push the market higher, the gains were widespread. Elsewhere in the market, U.S. Steel rose 1.9% a day after an influential government panel failed to reach consensus on the possible national …

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
2 weeks, 3 days 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
2 weeks, 3 days 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 …

Stocks rally as investors cheer US inflation relief
2 weeks, 3 days ago

Stocks rally as investors cheer US inflation relief

Live Mint  

By Amanda Cooper and Wayne Cole LONDON/SYDNEY - Global shares were boosted on Monday by a U.S. inflation reading offering some hope for further policy easing next year, along with relief that Washington had averted a government shutdown. The euro has hit two year lows in recent weeks and is also heading for its weakest quarterly performance against the dollar …

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week
2 weeks, 3 days ago

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week

Associated Press  

BANGKOK — Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. 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 cuts …

Wall Street week ahead: After Fed’s hawkish stance, investors to look for Santa Claus rally
2 weeks, 4 days 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 …

How major US stock indexes fared Friday, 12/20/2024
2 weeks, 5 days ago

How major US stock indexes fared Friday, 12/20/2024

Associated Press  

U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The Dow Jones Industrial Average jumped nearly 500 points, and the Nasdaq composite gained 1%. On Friday: The S&P 500 rose 63.77 points, or 1.1%, to 5,930.85. The Dow Jones Industrial Average rose 498.02 points, or …

Wall Street rises to turn a dismal week into just a bad one
2 weeks, 6 days 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 rises to turn a dismal week into just a bad one
2 weeks, 6 days ago

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

LA Times  

Trader John Romolo works on the floor of the New York Stock Exchange on Wednesday. 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 H. Powell gave this week when the …

Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%
3 weeks ago

Wall Street today: Dow rebounds 200 points after US Fed’s hawkish cut, set to snap 10-day decline; Accenture up 6.5%

Live Mint  

Wall Street Today: Wall Street's main indexes rebounded to gain some ground on Thursday, December 19, a day after the US Federal Reserve's projections of fewer-than-expected interest rate cuts and higher inflation in 2025 spooked investors and pummeled US stocks. The S&P 500 rose 0.4 per cent in morning trading, a day after tumbling 2.9 per cent when the US …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
3 weeks, 1 day 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, …

How major US stock indexes fared Tuesday, 12/17/2024
3 weeks, 1 day ago

How major US stock indexes fared Tuesday, 12/17/2024

Associated Press  

U.S. stock indexes closed lower and gave back some of their stellar gains for the year. The S&P 500 fell 0.4% Tuesday, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite fell 0.3% from its record set the day before. The Dow Jones Industrial Average fell 267.58 …

How major US stock indexes fared Monday, 12/16/2024
3 weeks, 2 days ago

How major US stock indexes fared Monday, 12/16/2024

Associated Press  

U.S. stock indexes drifted through mixed trading ahead of a meeting by the Federal Reserve later this week that could set Wall Street’s direction into next year. The Dow Jones Industrial Average slipped 0.3%, and the Nasdaq composite rose 1.2% to a record. Bitcoin hit a record above $107,000 before pulling back, while Treasury yields held relatively steady in the …

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
3 weeks, 3 days ago

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

Associated Press  

NEW YORK — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The market’s main event, though, …

Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
3 weeks, 3 days ago

Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

LA Times  

The New York Stock Exchange is shown behind the statue titled “Fearless Girl” on Dec. 12, 2024. U.S. stock indexes drifted amid mixed trading Monday ahead of this week’s meeting by the Federal Reserve that could set Wall Street’s direction into next year. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a …

Wall Street today: S&P 500, Nasdaq slid at US market open as investors eye economic data ahead of Fed meeting
4 weeks 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’s rally stalls as Nasdaq pulls back from its record
4 weeks ago

Wall Street’s rally stalls as Nasdaq pulls back from its record

LA Times  

People pass the New York Stock Exchange in New York’s Financial District on Wednesday. “One week doesn’t negate what has been a relatively steady stream of solid labor market data, but the Fed is primed to be sensitive to any signs of a softening jobs picture,” he said. He rang the bell marking the start of trading at the New …

Wall Street today: US stocks edge higher after inflation data boosts rate cut hopes
4 weeks, 1 day 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
4 weeks, 1 day 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
4 weeks, 1 day 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 …

Stock market today: Wall Street slips to a rare back-to-back loss
4 weeks, 2 days ago

Stock market today: Wall Street slips to a rare back-to-back loss

Associated Press  

NEW YORK — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. AP AUDIO: Stock market today: Wall Street drifts as it waits for inflation data Investors are looking for direction on Wall Street. Wednesday’s update and a report on Thursday about …

Stock market today: Wall Street slips to a rare back-to-back loss
4 weeks, 2 days ago

Stock market today: Wall Street slips to a rare back-to-back loss

LA Times  

A banner for Alaska Air Group hangs at the front of the New York Stock Exchange in the city’s Financial District. U.S. stock indexes drifted lower Tuesday in the run-up to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. Tech titan Oracle dragged on the market and sank 6.7% after reporting …

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise
1 month ago

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise

Associated Press  

NEW YORK — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. Nvidia’s fall of 2.5% was by far the heaviest weight on the S&P 500 after China said it’s investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia’s drop overshadowed gains …

Nvidia drags Wall Street from its records as oil and gold rise
1 month ago

Nvidia drags Wall Street from its records as oil and gold rise

LA Times  

A sign marks the intersection of Wall Street and South Street in New York’s Financial District. A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of …

Can stocks pull off a third consecutive year of big gains?
1 month ago

Can stocks pull off a third consecutive year of big gains?

Live Mint  

Wall Street is grappling with whether another year of robust gains is possible for a stock market that is looking precariously expensive. JPMorgan Chase, Morgan Stanley and Goldman Sachs project that the S&P 500 will reach 6500 by the end of next year, a 6.7% increase from Friday’s close of roughly 6090. It would now take erasing the gains of …

Wall Street today: US stocks edge higher after strong jobs data
1 month 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, …

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