Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 23, 2024. Michael M. Santiago | Getty Images U.S. stock futures were little changed Monday after the S&P 500 and Dow Jones Industrial Average posted new record closes. Futures tied to the 30-stock Dow slipped 46 points, or 0.1%….
Stocks are coming into the new week with momentum on their side. The Dow Jones Industrial Average closed at a record on Friday, capping off a 1.6% gain for the week. The S & P 500 also reached an all-time high last week and posted a weekly advance of 1.4%. That performance comes on the back…
Sopa Images | Lightrocket | Getty Images Shares of Trump Media on Monday sank to their lowest price in over a year, days after majority owner Donald Trump and other company insiders got the green light to start selling their stakes in the Truth Social maker. The stock, which trades as DJT on the Nasdaq,…
Top 10 things to watch Monday, Sept. 23 1. Stocks are looking slightly higher Monday. It’s big week of earnings with Micron , Jefferies and Club name Costco scheduled to report. On the data side, the key event is the PCE price index, the Fed’s favorite inflation gauge. The Dow , the S & P…
A Chinese flag in Pudong’s Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Raul Ariano | Bloomberg | Getty Images Asia-Pacific markets were mostly higher Monday as investors digested monetary policy decisions from Japan and China as well as the U.S. Federal Reserve’s sharp rate cut last week. Data last Friday showed China’s…
The Federal Reserve kicked off its long-awaited easing campaign with a bang this week, cutting the federal funds by hefty 50 basis points. Investors viewed the aggressive reduction — the first in four years — as largely positive, with the three averages all finishing in the black. The S & P 500 advanced 1.36%, while the…
The Dow Jones Industrial Average (^DJI) hovers above its flatline at Friday’s close, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) stumble in the trading session. Overall, all three of the market indexes capped off another week of gains on their five-day moving averages following the Federal Reserve’s decision to cut interest rates. Market…
Stocks with smaller market capitalizations are set to reap the benefits from the start of the Federal Reserve’s latest rate-cutting campaign. The U.S. central bank reduced interest rates by an oversized half-percentage point on Wednesday, pushing stocks higher. The S & P 500 ended the week with a 1.4% increase, clawing back its losses from…
For the better part of two years, the bulls have been firmly in control on Wall Street. A resilient U.S. economy, coupled with excitement surrounding the rise of artificial intelligence (AI), have helped lift the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and growth-focused Nasdaq Composite (NASDAQINDEX: ^IXIC) to multiple…
On today’s episode of Market Domination Overtime, Hosts Julie Hyman and Josh Lipton analyze the market close and discuss some of the biggest stories from the trading day. The Dow Jones Industrial Average (^DJI) closed above its flatline on Friday, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) stumbled in the trading session. Overall,…