S&P 500 Rally Gains Strength On AI Hopes
Stocks Keep Setting Records The S&P 500 is on a powerful winning streak, setting nine record highs in May alone despite rising gasoline prices, weak consumer confidence and the highest inflation in
SEC Proposes Major IPO Rule Overhaul
A Push To Bring More Companies Public The Securities and Exchange Commission has proposed two new rules aimed at making it easier for companies to go public. The agency described the move
AI Stocks Stall Wall Street’s Record Run
Technology Pullback Hits Major Indexes A sudden retreat in technology shares interrupted Wall Street’s record-setting momentum on Tuesday. The S&P 500 slipped 0.2% from the all-time high reached the previous day, while
European and Global Markets Start the Week on a Cautious Note
China began the week with disappointing economic data. Retail sales in November rose just 3.0% year-over-year, falling short of the median forecast of 4.6%. Additionally, house prices continued their decline, though industrial
US Stocks Edge Higher Today
US stocks tipped higher on Monday to fresh record highs and investors braced for the Federal Reserve’s final policy decision of the year later this week. Nasdaq Composite on Track for a
Nasdaq 100 Hits New High Powered by Broadcom Surge Amid Fed Rate Cut Speculations
The Nasdaq 100 touched a new all-time high for the second time this week, buoyed by a 19% surge in Broadcom Inc. shares, which reached a record level following optimistic AI chip
European Markets Close Lower Amid ECB Rate Cut Decision
European markets closed slightly lower on Thursday, reflecting a mixed reaction to the European Central Bank’s (ECB) decision to cut interest rates by 25 basis points. The pan-European Stoxx 600 index fell
Nasdaq Composite Hits 20,000 Milestone as Inflation Data Clears Path for Fed Rate Cut
The Nasdaq Composite surged 1.7% on Wednesday, reaching an all-time high of 20,000. The S&P 500 gained 0.8%, while the Dow Jones Industrial Average remained flat. Tech stocks led the rally, with
US Stocks Mixed as Investors Await Crucial Inflation Data
US stocks showed a mixed performance on Tuesday as investors treaded cautiously ahead of a key consumer inflation report expected on Wednesday, which could shape the Federal Reserve’s interest rate trajectory. Index
Morgan Stanley Advises Selling US Dollar Amid Optimism
Morgan Stanley analysts have taken a contrarian stance on the U.S. dollar, advising investors to sell as they believe the currency’s current strength is overly inflated by market optimism surrounding economic growth
U.S. Stocks Surge Post-Election: S&P 500 Hits New Highs
U.S. stocks are experiencing one of their strongest post-election rallies in decades, propelling the S&P 500 and other major benchmarks to record highs. Analysts now predict even more gains for the coming
US Indexes Rise on November Jobs Report and Fed Cut Bets
U.S. markets climbed on Friday as traders digested resilient jobs data and grew more confident in the likelihood of another Federal Reserve rate cut. All three major indexes opened in the green,
Morning Market Stories and Wall Street Insights
Seana Smith and Madison Mills kicked off the first trading hour by diving into the day’s biggest market stories and bringing top Wall Street experts to share their insights. From economic indicators