Global financial markets are nervous. We know this because Wall Street’s fear index, the VIX, surged 12 per cent overnight to 26 points. Tech rally fizzles out Wall Street investors have been on a rollercoaster ride overnight, with an early tech rally on Nvidia’s results soon replaced by a big sell-off, and the ASX set…
Topline Each of the three major stock indexes declined again on Tuesday—with losses led by Amazon, Microsoft and Nvidia—as fears of an AI bubble appeared to have worsened among economists, while hopes of another interest rate cut have diminished. Several AI-linked stocks gave up more ground as major indexes dropped in a fourth-straight trading session….
Wall Street rebounded on Friday, with gains from Nvidia and other technology companies helping pare earlier losses. After dropping 1.3% early in the session, the S&P 500 erased its losses and rose 15 points, or 0.2%, in afternoon trading. The Nasdaq Composite index also recovered from a morning dip to gain 101 points, or 0.4%,…
Dow Jones 30 Technical Analysis The Dow Jones 30 has fallen a bit to reach toward the 47,150 level. I think at this point, 47,000 is an area where a lot of people might be interested in getting long again. If we turn around and rally, then it opens up the possibility of a move…
Wall Street wobbled on Friday, with stocks sinking for a second straight day as investors fret over the health of the technology sector and the prospects of a December interest rate cut by the Federal Reserve. The S&P 500 fell 32 points, or 0.5%, in early trading, while the Dow Jones Industrial Average dropped 467…
Stock futures slid ahead of the start of trading in U.S. financial markets on Friday as investors fret about the health of technology companies and the path of interest rates. S&P 500 futures were down 1.1%, or 71 points, as of 8:30 a.m. EDT, and Dow Jones Industrial Average futures dropped 0.7%, or 316 points….
As the United States stock market experiences a surge in optimism due to potential resolutions to the government shutdown, major indices like the Nasdaq, S&P 500, and Dow Jones have posted significant gains. In this environment of renewed investor confidence, identifying undervalued stocks can be particularly advantageous as they may offer opportunities for growth amidst…
Topline A broader stock market rally on Monday, fueled by eight Senate Democrats siding with Republicans to back a deal that would end the government shutdown, added tens of billions of dollars to the fortunes of the world’s richest people. The world’s wealthiest people had billions added to their combined net worth on Monday. Getty…
Global stock markets rose sharply on Monday as investors showed optimism amid reports that the US government shutdown could soon be resolved, after a breakthrough in the record 40-day standoff.Dow was trading up 115 points or 0.25%, reaching 47,103. Nasdaq also inched 1.95% or 448 points, to trade at 23,452 at 8:50 PM IST. S&P…
Stocks jumped Monday as a bipartisan deal to end the federal government shutdown gained traction in the Senate, though it lacked any clear resolution to expiring health care tax credits that Democrats have been fighting for. Investor optimism for an end to the longest federal government shutdown in U.S. history buoyed the S&P 500 by…