Dow leads Wall St higher in lean trading week
Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.
Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.
Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday.
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
Apple fell nearly 3% to a seven-week low after Barclays downgraded the shares on concerns demand for its devices will remain weak in 2024.
U.S. stocks fell on the first trading day of 2024 after investors tempered expectations around interest-rate cuts this year.
U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession.
The S&P 500 will end next year only about 3% higher than its current level, with a possible U.S. economic slowdown or recession among the biggest risks for the market in 2024.
Wall Street’s main indexes inched higher on Wednesday as investors parsed earnings reports and comments from Federal Reserve officials.
S&P 500 and Nasdaq extend gains as U.S. Treasury yields retreat on Fed’s rate hike stance.