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On Thursday, the Dow rose 1.06%, the S&P 500 gained 0.53%, and the Nasdaq edged up 0.03%, as investors favored cyclical stocks over technology. In after-hours trading, Gap surged 16% after beating earnings expectations and raising sales guidance, while Ross Stores rose 8% following …
Nvidia's stock dropped over 2% in after-hours trading, as investors expected stronger results, while Snowflake surged 20% on better-than-expected earnings. On Wednesday, the Dow rose 0.32%, the S&P 500 was flat, and the Nasdaq fell 0.11%. Investors are now focused on Thursday's economic data, …
Focus is on Nvidia’s Blackwell AI chips, used by companies like OpenAI, Microsoft, and Meta for AI data centers. Nvidia's shares rose nearly 5% on Tuesday, boosting the Nasdaq by 1.04% and the S&P 500 by 0.4%. Meanwhile, the Dow fell 0.28%. Markets largely …
Gold surged above $2,620/oz, hitting a 1-week high as the dollar paused and Fed rate cut bets for December fell to 59%. Geopolitical tensions, including Biden approving Ukraine’s use of U.S. long-range arms and Russia updating its nuclear doctrine, boosted safe-haven demand. Meanwhile, Brent …
US stocks closed lower Friday as rate cut hopes faded. S&P 500 fell 1.2%, Dow lost 290 pts, and Nasdaq dropped 1.9%. Powell's hawkish tone & strong retail data weighed on sentiment. Tech lagged (Nvidia -2.6%, Amazon -3.3%), while Tesla rose 1%. Pharma hit …
S&P 500 & Nasdaq drop 0.6% on Thursday, Dow falls 207 points, as investors digest inflation data and Powell's comments on rate cuts. PPI, CPI reports show persistent inflation. Powell signals no rush to lower rates, pushing December rate cut odds to 62%. Disney …
Brent crude oil futures stabilize around $72/bbl as IEA warns of a potential 1M bpd surplus by 2025, fueled by OPEC+ production hikes & weaker Chinese demand. The dollar’s surge adds pressure, while geopolitical tensions & increased US/Brazil/Canada output weigh on prices. Gold drops …
Brent crude oil rose above $72, recovering slightly from two-week lows due to short-term supply tightness. However, OPEC’s reduced 2024 demand forecast and weak data from China continue to weigh on sentiment. Gold surged above $2,600 as traders await key US economic data but …
Honeywell International Inc. (NYSE: HON)is an advanced technology company with a market cap of USD 146.46bn.
The Dow surged 304 points to a new high of 44,293, continuing its post-election rally on optimism around Trump’s return and expectations for deregulation & tax cuts.
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