Stocks edged out another record close as Oracle led tech stocks higher following strong guidance while an unexpected cooling in wholesale inflation supported ongoing expectations for the Federal Reserve to cut interest rates next week.
A stark range of news for stocks overnight as US jobs numbers were revised down a further 911,000 for the last 12 months, the worst revision in history, while Oracle jumped 27% on outstanding earnings and outlook due to the rapid expansion of Datacentres
Tech stocks jumped to a closing record high Monday powered by chip stocks as investors awaited key inflation data due later this week, in a classic “head in the sand” move after Fridays US employment data
Stocks closed lower Friday after retreating from record high as signs of a cooling labor market triggered recession worries, outweighing bets that the Federal Reserve will likely cut interest rates later this month.
Stocks a fresh closing record high overnight as weaker-than-expected U.S. private payrolls data stoked optimism for a Federal Reserve rate cut this month.
Stocks recovered overnight as Alphabet led a rebound in tech following a favourable antitrust ruling and Treasury yields cooled their recent ascent as signs of a softer labour demand boosted rate-cut hopes.
Stocks fell overnight in a poor start to September as the tech wreck continued pressured by tariff uncertainty and a jump in bond yields.
US stocks were closed overnight. There was little news apart from the precious metals rally
Stock crawled to another record overnight, as investors weighed a surprise uptick in GDP and investor disappointment in Nvidia results.
Stock crawled to another record overnight, as investors weighed a surprise uptick in GDP and investor disappointment in Nvidia results.
Stocks eked out a fresh record in the S&P500 pre-Nvidia earnings, which beat analysts expectations, but disappointed investors, falling 2.5% in aftermarket trading
Stocks edged higher overnight as rising health care and tech stocks helped offset concerns about President Trumps apparent “hostile takeover” of the Federal Reserve, bringing into question its independence
