So many of our daughter’s friends had cell phones, some even got them in elementary school. She was able to get by without one for a while, but I became her default social coordinator. We reevaluated our needs in 8th grade and got her a phone when she was 14. Several years ago, my husband…
Russia’s stock market surged on Thursday after Trump and Putin had an hourlong call about the war. The call was widely seen as Washington moving to reconcile with Moscow after three years. It’s sparked fears in Europe that the US may abandon its lead position in the West’s bloc against Russia. Russia’s stock market posted…
US stocks ripped higher on Friday, rebounding from a steep mid-week sell-off. The stock market surge accelerated after dovish comments from Fed president Austan Goolsbee. Investors are concerned about a potential government shutdown and a hawkish tilt by the Fed. US stocks rebounded strongly on Friday from a steep mid-week sell-off, with the gains accelerating…
According to Doug Peta of BCA Research, stocks will see a sharp correction in the first half of 2025. He points to risks from slowing consumer momentum, labor market softening, and high valuations. He recommends rotating out of stocks and into defensive plays, and buying the dip after a 30% or greater fall. Stocks are…
US stocks surged on Friday with the Dow Jones rising 426 points amid risk-on trade momentum. Bitcoin neared $100,000, driving speculative asset interest alongside stock market gains. Nvidia’s earnings and a low-volatility week contributed to the positive market outlook. US stocks jumped on Friday, with the Dow Jones surging 426 points to a record close…
Stock market valuations are near generational highs, Stifel’s Barry Bannister says. Bannister predicts the S&P 500 could rise to the low-6,000s before plummeting back down. He said the market is a “mania” with valuations near 80-year highs. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download…
NEW YORK — The downside of high expectations thumped Wall Street on Thursday, and Microsoft and Meta Platforms dragged U.S. stock indexes lower despite delivering strong profits for the summer. The Standard & Poor’s 500 sank 1.9% for its worst day in eight weeks and fell further from its record set earlier this month. The Dow…
NEW YORK — U.S. stocks closed their latest winning week with more records Friday. The Standard & Poor’s 500 rose 0.4% to squeak past the all-time high it had set early this week. The Dow Jones industrial average added 0.1% to its own record set the day before, and the Nasdaq composite gained 0.6%. Netflix helped…
NEW YORK — U.S. stocks set records Wednesday after the latest wild swerves for Chinese stocks left few ripples in markets worldwide. The Standard & Poor’s 500 rose 0.7% to top the all-time high it had set last week. The Dow Jones industrial average climbed 1% to hit its own record, while the Nasdaq composite gained…
The S&P 500 notched a new record on Thursday amid encouraging labor-market data and China stimulus. Micron was a big gainer, surging as much as 20% on strong earnings. Personal consumption expenditure data, the Fed’s preferred inflation gauge, comes out Friday. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…