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The S&P 500 and Nasdaq reached new record highs on Tuesday after Federal Reserve Chair Jerome Powell warned about the risks of keeping interest rates high for too long.
Powell will continue testimony this week before Congress on Wednesday before the House Financial Services Committee.
The $Nasdaq Composite Index (.IXIC.US)$ added 0.14% to close at 18429.29, and the $S&P 500 Index (.SPX.US)$ gained 0....
Powell will continue testimony this week before Congress on Wednesday before the House Financial Services Committee.
The $Nasdaq Composite Index (.IXIC.US)$ added 0.14% to close at 18429.29, and the $S&P 500 Index (.SPX.US)$ gained 0....
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Columns U.S. Stocks Fall Friday, But Still End Stong First Half of 2024. Thanks to AI | Wall Street Today
U.S. stocks fell on Friday as traders reacted to PCE data showing slowing inflation and better-than-expected consumer sentiment data. However, they still had a strong first half in 2024.
The broad market $S&P 500 Index (.SPX.US)$ was down 0.41%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.71%, closing at 17732.60. The $Dow Jones Industrial Average (.DJI.US)$ dropped 0.12%.
The S&P 500 climbed 14....
The broad market $S&P 500 Index (.SPX.US)$ was down 0.41%, and the $Nasdaq Composite Index (.IXIC.US)$ fell 0.71%, closing at 17732.60. The $Dow Jones Industrial Average (.DJI.US)$ dropped 0.12%.
The S&P 500 climbed 14....
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Columns U.S. Stocks End the Day Slightly Higher as Nasdaq Set for 18.6% First-Half Gain | Wall Street Today
The Nasdaq is on track for an 18.6% first-half gain, thanks to Nvidia's strong performance. Despite trading lower most of the day, Nvidia closed up 0.25%.
The broad market $S&P 500 Index (.SPX.US)$ close at 5,477.90, up 0.16%, and the $Nasdaq Composite Index (.IXIC.US)$ advanced 0.49%. The $Dow Jones Industrial Average (.DJI.US)$ was almost flat, up 0.04%.
MACRO
The inventory of new U.S. homes is at i...
The broad market $S&P 500 Index (.SPX.US)$ close at 5,477.90, up 0.16%, and the $Nasdaq Composite Index (.IXIC.US)$ advanced 0.49%. The $Dow Jones Industrial Average (.DJI.US)$ was almost flat, up 0.04%.
MACRO
The inventory of new U.S. homes is at i...
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U.S. stock indices were mixed, while Nvidia's stock falls into correction territory with an almost $400 billion plunge. Meanwhile, investors are awaiting May's personal consumption expenditure data and the Federal Reserve's preferred inflation gague this week.
The Dow advanced 0.67%. The S&P 500 traded down 0.31%, while the tech-heavy Nasdaq Composite declined 1.09%.
MACRO
San Francisco Federal Reserve President Mar...
The Dow advanced 0.67%. The S&P 500 traded down 0.31%, while the tech-heavy Nasdaq Composite declined 1.09%.
MACRO
San Francisco Federal Reserve President Mar...
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Stocks rose Friday as data revealed that American consumers have lowered their inflation expectations, boosting optimism about potential Federal Reserve rate cuts this year.
Goldman Sachs economists now predict the Federal Reserve will cut interest rates in September, rather than July. However, traders are now pricing in less than a 50% chance the central bank will cut rates at its September meeting, according to th...
Goldman Sachs economists now predict the Federal Reserve will cut interest rates in September, rather than July. However, traders are now pricing in less than a 50% chance the central bank will cut rates at its September meeting, according to th...
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Good afternoon. The market is awaiting $NVIDIA (NVDA.US)$ earnings after the close today, and the market overall closed in decline after the FOMC meeting minutes were some members dared to speak the words "raise rates."
As a general recap, the market was lower Wednesday after fresh all-time highs. Shortly after 3 PM EST, the $S&P 500 Index traded 0.27% lower. The $Dow Jones Industrial Average fell about 0.51%, and the $Nasdaq Composite Index fell 0.18...
As a general recap, the market was lower Wednesday after fresh all-time highs. Shortly after 3 PM EST, the $S&P 500 Index traded 0.27% lower. The $Dow Jones Industrial Average fell about 0.51%, and the $Nasdaq Composite Index fell 0.18...
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The Nasdaq Composite and the S&P 500 closed up at record highs on Monday ahead of Nvidia earnings, the last of the "Magnificent Seven" companies to report earnings.
The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ gained 0.65% to reach an all-time intraday high and close at a record. The $S&P 500 Index (.SPX.US)$ inched up 0.09%, a record high as well. The $Dow Jones Industrial Average (.DJI.US)$ fell 196.82 p...
The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ gained 0.65% to reach an all-time intraday high and close at a record. The $S&P 500 Index (.SPX.US)$ inched up 0.09%, a record high as well. The $Dow Jones Industrial Average (.DJI.US)$ fell 196.82 p...
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RECAP
Stocks ended essentially flat Monday as markets awaited inflation data due out later this week to get a better gauge on where the Federal Reserve might be heading on interest rates.
The $Dow Jones Industrial Average (.DJI.US)$ shed 11.24 points (0.03%) to end at 38,892.8, while the $S&P 500 Index (.SPX.US)$ gave up 1.95 ticks (0.04%) to a 5,202.39 finish. However, the $Nasdaq Composite Index (.IXIC.US)$ added 5.43 po...
Stocks ended essentially flat Monday as markets awaited inflation data due out later this week to get a better gauge on where the Federal Reserve might be heading on interest rates.
The $Dow Jones Industrial Average (.DJI.US)$ shed 11.24 points (0.03%) to end at 38,892.8, while the $S&P 500 Index (.SPX.US)$ gave up 1.95 ticks (0.04%) to a 5,202.39 finish. However, the $Nasdaq Composite Index (.IXIC.US)$ added 5.43 po...
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