The S&P 500 Index ($SPX) (SPY) today is down -0.49%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.51%. Dec E-mini S&P futures (ESZ24) are down -0.51%, and Dec E-mini Nasdaq futures (NQZ24) are down -0.48%. Stock indexes today are moderately lower, with the…
Some Wall Street forecasters think the Fed could deliver its last rate cut for a while this week. A resilient economy and a reversal of the disinflation trend suggest rate more cuts aren’t needed for now. Some predict a pause at coming meetings, with the potential for hikes to even resume in 2025. The outlook…
US stocks jumped on Friday, partly driven by Broadcom’s blowout earnings report. Broadcom’s AI revenue soared 220% this year, helping drive its stock up 18% on Friday. Investors are eyeing the Fed meeting next week, anticipating a 25 basis point rate cut. US stocks jumped on Friday, with technology stocks leading the market higher after…
Photofairs has canceled its Hong Kong debut, citing “logistical constraints.” The event was scheduled to take place during the city’s art week in March next year. The fair’s organizers, the U.K.-based Creo Arts, said that they have received “great interest and engagement” from their partners, local and international galleries, and the arts community. “However, in…
The market continued its impressive rally last week with the S&P 500 ($SPX) (SPY) closing at new all-time highs. The November rally was one of the strongest on record, with the index gaining over 3.42% for the month. This week brings several high-impact economic releases that could influence market direction, with Friday’s jobs report being…
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.85%. Stocks on Wednesday settled moderately lower, with the Dow Jones Industrials falling back from… Source link
Stocks will continue to rally next year amid a resilient economy and strong earnings, Barclays says. The bank forecast the S&P 500 to rise 10% to 6,600, adding to th chorus of bullish forecasts from top analysts. Their outlook marks a slight slowdown from the index’s 26% gain this year. The S&P 500 is primed…
Stocks are bound for another strong year, but not every sector is poised to gain, Wells Fargo said. Scott Wren, the bank’s senior global market strategist, sees muted returns ahead for defensive shares. The bank’s strategists are more bullish on cyclical, interest rate-sensitive stocks, he added. The stock market is on track for strong gains…
Nvidia’s stellar earnings report, with a 94% year-over-year revenue increase, has been met with a surprisingly muted market reaction, leaving investors wondering if the stock still has room to run. Despite this, Wall Street remains bullish, with many analysts raising their price targets and predicting a bright future for the AI chip leader. Source link
Switch the Market flag for targeted data from your country of choice. Open the menu and switch the Market flag for targeted data from your country of choice. Need More Chart Options? Right-click on the chart to open the Interactive Chart menu. Use your up/down arrows to move through the symbols. Source link