The stock market ended squarely lower Thursday, as Wall Street reacted to comments from Fed Chair Jerome Powell. Magnificent Seven stock Tesla (TSLA) sold off further Thursday, on pace to end with a weekly loss. Indexes closed near session lows. The Dow Jones Industrial Average declined 0.5%, while the S&P 500 and Nasdaq composite both moved…
The stock market rally paused Thursday, as Wall Street initially climbed on better-than-expected U.S. retail sales and unemployment data but faded into the close. Nvidia (NVDA) hit a record high, propelled by strong results from Taiwan Semiconductor Manufacturing (TSM). And late Thursday, Netflix (NFLX) rallied nearly 4% on a strong third-quarter earnings report, sparking a…
Does the stock market in the final quarter of 2024 belong to the New York Stock Exchange? When you just look at Monday’s action among the major indexes, it’s hard to make this argument. The Nasdaq composite, up almost 0.9% on Monday, exceeded a 0.5% rise by its peer, the NYSE composite index. Megacap techs…
Stocks got off to a weak start and remained in the red until the closing bell Thursday as investors confronted data that showed inflation in September came in a bit hotter than predicted and an unexpected rise in initial weekly jobless claims. But selling softened on the stock market today as losses for the three…
The stock market finished modestly lower Thursday, as Wall Street reacted to a hotter-than-expected consumer inflation report, along with a surprise spike in weekly unemployment claims. Up next, producer inflation data is due Friday that could have implications on Federal Reserve rate policy. ↑ X NOW PLAYING Indexes Dip, Small Caps Lag After Inflation Data:…
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