.SPX S&P 500 Index
- 5475.670
- -2.230-0.04%
Indexes in the Green Thursday | Market Story
In the hour after the open Thursday, the $S&P 500 Index(.SPX.US)$ climbed 0.13%, the $Dow Jones Industrial Average(.DJI.US)$ climbed 0.12%, and the $Nasdaq Composite Index(.IXIC.US)$ climbed 0.26%. Th
Earnings Season Still Printing Stock Changes, GDP Comes in at 1.4% | Herd on Wall Street
Morning retail investors! Happy Thursday, June 27th: it's almost Friday! Investors can watch for the Trump-Biden debate tonight in the run-up to this year's presidential election, catch discussion here on moomoo.
Amazon's Entry Into the Elite $2 Trillion Club: Who Will Be Next?
In a significant milestone for the e-commerce giant,
Tech Not 'A Bubble,' JPMorgan's Ward Says
JP Morgan Chief Markets Strategist EMEA Karen Ward says she believes in technology and artificial intelligence as "powerful" forces, but stressed the importance of "being careful about how you're actively managing some of that concentration risk." Speaking on Bloomberg Television she also says the tech industry is not in "a bubble."
Blackrock: tactically overweight on US stocks, preferring opportunities related to the ai theme.
BlackRock said that tactically, they hold an overweight view on US stocks in the 6-12 month timeframe, and prefer opportunities related to the ai theme.
Trade Deficit Widens Sharply in May
Trade gap up 2.7% to $100.6 billion
US May PCE Preview: Fed Officials Are Likely to Observe Positive Progress in Disinflation
Economists expect core PCE inflation to slow to 0.1% in May, its slowest pace this year, with the year-over-year figure dropping to 2.6%, the lowest since March 2021. The strength of the U.S. dollar will play a significant role in alleviating inflationary pressures.
On Friday, the "inflation indicator most favored by the Federal Reserve" is expected to cool down, and the market is paying attention to the latest interest rate cut signals!
Traders are busy preparing for Friday's PCE price index report in hopes of obtaining further evidence of inflation trends.
U.S. stocks close | S&P 500 rises for two consecutive days, Amazon up nearly 4%, with a market cap exceeding $2 trillion; shareholder meetings could not reverse the decline, and Nvidia barely closed up.
The Dow Jones Industrial Average closed slightly higher, still hovering near its weekly low, while the seven sisters of American technology stocks rose together, with Tesla up nearly 5%; Micron's financial report is bullish but the guidance is not enough to surprise, and it fell more than 9% after hours; China concept stocks index is hovering near a ten-week low, with NIO Inc. up more than 6%.
Silver's YTD Gain Beats Gold, Silver and S&P 500 Index but Investors Mostly Yawn
Wall Street M&A Risks Slowing on 'Valuation Disconnects'
Daniel Wolf, a Kirkland & Ellis partner, says dealmaking is poised to slow in the second half as high rates, regulatory concerns and pre-election uncertainties create "valuation disconnects."
The Housing Market Hit Bottom Last Year, Reffkin Says
Robert Reffkin, Compass founder and CEO, says it looks like the housing market hit bottom last year and he sees some opportunities coming this year.
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%.
S&P 500, Nasdaq Close Higher, Buoyed by Amazon, Apple | Market Story
The S&P 500 is pulling back just barely Wednesday morning, down 0.08%, Just past 10:20 am EST. The index hit a recent all-time high last Thursday and remains far above the symbolic 5k point level brok
S&P 500 No Longer Climbing, Market Held Up By Tech
Morning Idiots! Just kidding! Happy Wednesday, June 26th.
Morgan Stanley Chief Us Equity Strategist, Talks About Where He Sees Risks To The Market
Mike Wilson, Morgan Stanley chief US equity strategist, talks about where he sees risks to the market, monetary policy, the rise of Nvidia, and how just a handful of mega caps are driving US stocks today.
The First Round of the U.S. Election Debate Is Coming Up: Key Insights for Stock Investors
The first debate between Democratic President Joe Biden and Republican former President Donald Trump is scheduled for June 27.
US stocks closed with the S&P 500 ending a three-day losing streak, while chip stocks made a strong comeback, with Nvidia rising nearly 7%. After hours, Volkswagen's investment in Rivian caused a 46% increase in the stock price.
The Dow Jones Industrial Average fell, ending a five-day streak of gains; growth tech stocks rose together, with Google A rising nearly 2.7% to a new all-time high; the China concept stocks index fell 1.3%, and Bilibili fell nearly 3%.
BondBloxx COO Expects Rates To Be Higher For Longer
BondBloxx Co-Founder and COO Joanna Gallegos gives her outlook on how to invest following recent Fed comments, and says she expects rates to stay higher for longer and likes high yield, corporate debt.
Fed's Cook Says Rate Cut Timing Depends on How Economic Data Evolve
Fed's Cook expects three- and six-month inflation rates to continue to move lower on a “bumpy path,” and sees inflation slowing “more sharply” next year. Cook spoke Tuesday at the Economic Club of New York.