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On Monday, the S&P 500 rose 0.55% and the Nasdaq gained 1.24%, driven by a semiconductor rally, with Nvidia up 3.4% and Micron spiking 10.5%. Fubo shares surged over 251% on Disney's Hulu + Live TV merger plans. Optimism also grew on reports that …
The December jobs report, due Friday, will be a key economic indicator ahead of the Federal Reserve meeting. Traders are also awaiting the JOLTS report and ADP Employment Survey. Corporate earnings reports from Constellation Brands, Walgreens Boots Alliance, and Delta Air Lines are expected. …
Stocks open 2025 on a down note as the S&P 500 (-0.1%), Nasdaq (-0.2%), and Dow Jones (-110 points) extend the late 2024 slump. After a stellar 2024 (+23% for the S&P 500), stocks end the year with a rare 4-day losing streak—first since …
In 2024, the Dow rose nearly 13%, the S&P 500 gained 23.3%, and the Nasdaq surged 28.6%, driven by AI excitement and hopes for Fed rate cuts. AI stocks like Nvidia (up 171%), Palantir (up 340%), and Applovin (up 713%) led the rally. Momentum …
Wall Street saw strong gains in 2024, with the S&P 500 up 25%, the Dow Jones rising 14%, and the Nasdaq surging 31%. However, a sharp sell-off last Friday affected all major sectors, driven by rising US Treasury yields and the Fed signaling limited …
Unemployment claims dropped by 1,000 to 219,000, contrary to expectations of a 4,000 rise. US retail spending increased by 3.8% from November 1 to December 24, according to Mastercard SpendingPulse. Most megacap stocks declined, but Apple outperformed following a positive report from Wedbush. United …
US markets faced mixed sentiment as consumer mood unexpectedly declined for the first time in three months, raising concerns about the economic outlook. Investors are focused on the Federal Reserve's 2025 policy, with expectations of fewer rate cuts, while soft US PCE data has …
Index Update- US stocks bounced back on Friday, recovering from early losses to trade 1.5% higher. The S&P 500 rose 1%, Nasdaq up 0.8%, & Dow gained 497 points. Markets reassessed the impact of fewer Fed rate hikes next year, bolstered by softer November …
On Thursday, the Dow rose 0.04%, ending a 10-day losing streak, while the S&P 500 and Nasdaq fell by 0.09% and 0.1%, respectively. All three major indices are set to close the week with significant losses following the Federal Reserve's hawkish stance.
On Wednesday, the Dow dropped 1,123.03 points (2.58%), marking its longest losing streak since 1974, while the S&P 500 and Nasdaq fell by 2.95% and 3.56%, respectively. The decline followed the Federal Reserve's quarter-point rate cut and its announcement of fewer rate reductions next …
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