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Market Overview
US stocks climbed to new record highs Thursday as inflation and labor market data reinforced expectations for imminent rate cuts by the Federal Reserve. The Dow surged 1.36% and closed above 46,000 for the first time ever, leading the market higher. The S&P 500 gained 0.83% and also...
Market Overview
Stocks posted modest gains on Wednesday as cooler-than-expected wholesale inflation data bolstered hopes for imminent rate cuts, while Oracle lit up Wall Street with its best trading day in decades. The S&P 500 and Nasdaq each notched new all-time closing highs, with the S&P rising ...
Market Overview
Stocks climbed to new highs on Tuesday as a sharp downward revision to job data gave investors fresh conviction that rate cuts are on the horizon. The Dow rose 0.5% to close above 45,725, the S&P 500 gained 0.3% to end at a record 6,512, and the Nasdaq added 0.4% to notch its second...
Market Overview
Stocks kicked off the week with moderate gains as investors looked ahead to key inflation reports that could determine the fate of the Federal Reserve's next move. The Nasdaq led the charge, rising 0.45% and closing at a record high thanks to strength in tech. The S&P 500 and Dow ea...
Market Overview
Stocks reversed sharply on Friday after a weak jobs report confirmed growing concerns about a rapidly softening labor market. The S&P 500 gave back 0.3%, slipping from Thursday’s all-time closing high, while the Dow dropped 0.5% and the Nasdaq ended marginally lower. The losses mark...
Market Overview
Stocks surged on Thursday, with the S&P 500 hitting a fresh record high ahead of Friday’s critical jobs report. The S&P 500 climbed 0.8% to close at 6,502.08, a new all-time high, while the Nasdaq gained nearly 1%, and the Dow added 0.77%. Traders leaned into the growing belief that...
Market Overview
Stocks ended mixed on Wednesday as the Nasdaq and S&P 500 rose, boosted by strength in Big Tech, while the Dow slipped slightly following a weaker-than-expected JOLTS jobs report. Tech sentiment got a lift after Google avoided the harshest penalties in its landmark antitrust case, w...
Market Overview
Stocks opened September on a sour note, tumbling across the board as rising Treasury yields and fresh political uncertainty weighed on investor sentiment. The Dow fell about 250 points, or 0.6%, while the S&P 500 lost 0.74%, marking its worst session in over a month. The Nasdaq drop...
Market Overview
Stocks stumbled on Friday, snapping their winning streak as inflation concerns resurfaced following a closely watched PCE report. The Nasdaq led the decline, falling 1.15%, followed by a 0.6% drop in the S&P 500 and a 0.2% dip in the Dow. The retreat came after July’s “core” PCE ind...
Market Overview
Stocks pushed higher Thursday with the S&P 500 crossing the 6,500 mark for the first time, as investors responded to better-than-expected GDP data and moved past Nvidia’s earnings. The Nasdaq led gains with a 0.65% climb, while the S&P 500 rose 0.4% to another all-time high. The Dow...
Market Overview
Stocks pushed modestly higher Wednesday as investors braced for Nvidia’s earnings, widely viewed as the next major catalyst for the AI-fueled market rally. The S&P 500 rose 0.22%, hitting a fresh record close, while the Dow gained 0.32% and the Nasdaq added 0.21%. Anticipation is ru...
Market Overview
Stocks inched higher Tuesday as Wall Street balanced political drama with anticipation for Nvidia’s earnings. The Dow rose 0.3%, the S&P 500 climbed 0.4%, and the Nasdaq also gained 0.4%, shaking off Monday’s lull. The cautious rally unfolded as investors digested former President T...
