As China’s tech companies achieve significant breakthroughs in fields like artificial intelligence, foreign investment institutions are increasingly focusing on the Chinese market. Recently, Citigroup upgraded its rating on Chinese stocks to “buy,” citing the strength of China’s tech industry and describing the Chinese stock market as “highly attractive.” This reflects a broader trend among foreign…
Photo: David Paul Morris/Bloomberg (Getty Images) In This Story The S&P 500 and Nasdaq Composite indexes fell sharply Tuesday after February consumer confidence missed expectations, coming in at 98.3 compared with the consensus of 103.0, and down from 105.3 in January. It was the worst decline since August. U.S. government debt rallied and the dollar…
Photo: Bloomberg (Getty Images) In This Story Despite the turmoil in the stock market caused by persistent inflation, shares of Super Micro Computer (SMCI+2.98%) rose Wednesday morning as the chipmaker’s earnings report highlighted a positive outlook regarding its delayed annual report and announced an ambitious goal for 2026. Coca-Cola considers a return to plastic bottles…
Photo: Spencer Platt (Getty Images) In This Story The Nasdaq and other major stock market indexes began the week in positive territory on Monday as President Donald Trump planned new tariffs on steel and aluminum imports. The move follows Trump’s tariff announcements last week, which shook global markets. Donald Trump wants a sovereign wealth fund….
Photo: Spencer Platt (Getty Images) In This Story The tech-driven Nasdaq reached a high on Monday, driven by gains by Intel and Tesla (TSLA+3.13%), getting December off to a good start after a November that was the best month of 2024 for both the Dow and S&P 500. In the afternoon, the Dow Jones Industrial…
Market Performance on Election Day The stock market experienced substantial gains on Election Day. The S&P 500 increased by 1.2%, the Nasdaq Composite rose by 1.4%, the Dow Jones Industrial Average climbed 0.4%, and the Russell 2000 advanced 1.9%. This upward movement was driven by a rise in the ISM Services PMI for October, signaling…