The market climbed Thursday as earnings results painted a steady picture of retail health for the fourth quarter of 2024. A gaggle of stocks on the S&P 500 hit 52-week highs. Just past 4 pm ET the$S&P 500 Index (.SPX.US)$traded +0.36%, the$Dow Jones Industrial Average (.DJI.US)$fell 0.28%, and the$Nasdaq Composite Index (.IXIC.US)$climbed 0.51%. MACRO Thursday macro showed 219k people filed for unemployment in the US l...
Morning Movers Gapping up $AT&T (T.US)$stock rose 3.3% due to a significant increase in wireless subscribers in the third quarter, driven by the adoption of its high-tier unlimited plans, which include perks such as increased hotspot data. $Texas Instruments (TXN.US)$stock increased by 2.6% after reporting third-quarter income that exceeded expectations, supported by growing demand for electric vehicles in China. $Boston Scientific (BSX.US)$stock wen...
Morning Movers Gapping up $Microsoft (MSFT.US)$rose by 0.24%, and$Blackrock (BLK.US)$rose by 0.33% after announcing plans to jointly invest $100 billion in artificial intelligence data centers and related power efforts. $Hilton Worldwide (HLT.US)$Goldman Sachs initiated Buy rating for the company. Its shares rose by 0.44% in premarket trading. $United States Steel (X.US)$Shares advanced more than 5% following a Reuters report th...
Earnings reports from$Disney (DIS.US)$,$Airbnb (ABNB.US)$,$Hilton Worldwide (HLT.US)$, and energy drink giant$Monster Beverage (MNST.US)$all warn that U.S. consumer spending is "definitely weakening." Due to rising prices and shrinking savings, Americans are cutting back on spending in areas such as dining and travel and becoming more cautious. Major U.S. cons...
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
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