Equities headed lower overnight, with the DOW suffering its longest losing streak since 1978 as the Federal Reserve kicked off its last meeting of the year.
Stocks headed higher overnight as tech continued to shine ahead of the last Federal Reserve policy meeting of the year.
US stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P 500 and Dow posting weekly declines, while the Nasdaq secured its fourth consecutive week of gains on Broadcom’s 24% rally
Stocks edged lower overnight as investors assessed key economic data ahead of the Federal Reserve’s meeting next week.
The Nasdaq closed above 20,000 for the first time ever Wednesday, as tech resumed its rally following in-line inflation data that largely cemented a Federal Reserve interest rate cut next week.
US Stocks were mixed Tuesday and the dollar rose, as investors awaited fresh inflation data and a meeting by the European Central Bank on Thursday.
US Stocks turned lower on overnight as concerns over US inflation data and China’s regulators opening a “monopoly” investigation into Nvidia driving chip stocks lower.
Stocks rose Friday night, as the employment data seemed to make investors more confident in the Goldilocks scenario, and Lululemon surged 16% on full year forecast
Stocks were little changed on overnight, with technology shares easing after recent sharp gains and investors bracing for Friday’s jobs report, as Bitcoin broker $100k for the first time in history
Tech drove the market to its 56th record high for 2024, as AI leaders, Salesforce reported higher uptake of AI agents, giving investors confidence that companies will start to monetize the new technology
The Nasdaq and S&P500 just scraped in record highs, ahead of a speech from Federal Reserve Chairman Jerome Powell and monthly jobs data due later this week.
Tech stocks led the market higher overnight underpinned by an intel-led rise in chip stocks and an ongoing rally in Tesla.
