The stock market rallied on the latest inflation report. The S&P 500 closed at a record high on Tuesday, while the Nasdaq rose over 1% and the Dow spiked nearly 500 points. The benchmark S&P 500 is up almost 10% year-to-date. Here’s where US indexes stood at the 4 p.m. ET closing bell on Tuesday:…
Foreign inflows to Chinese stocks will probably continue after the summer, as a regulatory push to boost shareholder returns, appealing valuations and rising expectations of interest-rate cuts in the US lure investors, according to Morgan Stanley. The rotation back to Chinese stocks was expected to be “stronger” after two consecutive months of net buying by…
Investors might be sitting on a secret weapon that could send stocks soaring. That’s according to Wall Street strategists, who say that a big reason to be bullish on stocks in the near term is the record $7 trillion in cash investors have stored in money markets fund. That money — sidelined in assets like…
After a weak few months of job growth, investors are banking on rate cuts from the Federal Reserve at their September meeting, and history shows cuts could be like rocket fuel for stocks in the months that follow. LPL Financial recently conducted an analysis of how stocks have performed from the first rate cut in…
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Investors shrugged off last week’s worries over the U.S. economy to drive a powerful, tech-led rebound across global stocks on Monday, although U.S. Treasuries prices held onto Friday’s gains, suggesting a fair degree of…
14h agoThu 31 Jul 2025 at 12:54am Market snapshot ASX 200: -0.5% to 8,717 points (live values below) Australian dollar: +0.1% to 64.41 US cents S&P 500: -0.1% to 6,362 points Nasdaq: +0.1% to 21,129 points FTSE: flat at 9,136 points EuroStoxx 600: flat at 550 points Spot gold: +0.3% to $US3,286/ounce Brent crude: +0.4%…
A Whittier man was arrested Thursday for allegedly using dating apps such as Tinder, Hinge and Bumble to con people out of more than $2 million, according to authorities. Christopher Earl Lloyd, 39, was charged with 13 counts of wire fraud and one count of engaging in a monetary transaction in property derived from fraud,…
By Howard Schneider WASHINGTON (Reuters) -The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later this month, with data showing fresh signs of higher inflation and President Donald Trump intensifying his demands for lower borrowing costs. Trump appeared near the point of trying to fire…
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on Thursday, pushing to the back of investors’ minds President Donald Trump’s attacks on Fed Chair Jerome Powell and lifting…
President Donald Trump has made it clear what he wants: lower interest rates, and ASAP. That’s the thrust behind his yearslong feud with Jerome Powell, the Fed Chair who’s stood pat on interest rates, even amid pointed criticisms and threats from the president that his position is in jeopardy. Trump — who has, among other…