The initial optimism off China’s stimulus announcement has faded in the U.S. with markets closing lower Wednesday and eyes returning to the Fed and labor markets. S&P 500 Futures: 5,774.25 ⬇️ down 0.31% S&P 500: 5,719.17 ⬇️ down 0.24% Nasdaq Composite: 18,082.21 ⬆️ up 0.043% Dow Jones Industrial Average: 41,918.24 ⬇️ down 0.69% FTSE 100:…
The Dow Jones Industrial Average (^DJI), S&P 500 (^GSPC), and Nasdaq Composite (^IXIC) opened little changed on Wednesday. It comes on the heels of record closes for both the Dow and S&P 500 on Tuesday. With the Federal Reserve’s rate cut moving toward the rearview mirror, Wall Street is searching for the next catalyst to…
Global markets were mixed in early trading a day after China announced a major stimulus program. S&P 500 Futures: 5,782.25 ⬇️ down 0.17% S&P 500: 5,732.93 ⬆️ up 0.25% Nasdaq Composite: 18,074.52 ⬆️ up 0.56% Dow Jones Industrial Average: 42,208.22 ⬆️ 0.20% FTSE 100: 8,289.15 ⬆️ up 0.08% Nikkei 225: 37,870.26 ⬇️ down 0.19% SSE…
Tilray Brands, Inc. (TLRY) ended the recent trading session at $1.72, demonstrating a +1.78% swing from the preceding day’s closing price. The stock exceeded the S&P 500, which registered a gain of 0.25% for the day. Elsewhere, the Dow saw an upswing of 0.2%, while the tech-heavy Nasdaq appreciated by 0.56%. Prior to today’s trading,…
Following last week’s historic interest rate cut by the US Federal Reserve, Wall Street in the week ahead will have plenty of economic data, including the Personal Consumption Expenditures price index, and S&P flash services & manufacturing PMIs, to look forward to. The week will also see comments from US central bank speakers, including Fed…
Wall Street surged to record highs after the Fed cut rates, with the S&P 500 climbing over 1.7% to set a new peak, surpassing its previous record from July. Meanwhile, the Dow Jones Industrial Average rose 1%, also reaching an all-time high, while the Nasdaq Composite jumped 2.7%, though it remains below its record set…
The stock market has recovered most of the losses suffered in its summer selloff. While the S&P 500 Index has bounced back before, this time is unique because it isn’t being led by Big Tech — instead it’s everyone else’s turn. Technology giants like Nvidia Corp. and Microsoft Corp. have led gains in the equities…
Data-mining software company Palantir Technologies is popular among retail investors, but Bank of America said it’s still misunderstood by many on Wall Street. In a note on Tuesday, analysts pointed out that a 1980 estimate of cell phone users by 2000 was just 900,000. The actual number of mobile subscriptions that year was more than…
The S&P 500 is the best overall benchmark of the U.S. stock market, made up of the 500 largest companies in the country. Given the scope of its member companies, it is considered by many as the most dependable gauge of overall stock market performance. To be included in the S&P 500, companies must meet…