Stocks closed at a record high overnight, a day after the Federal Reserve cut rates as Intel led a surge in a chip stocks following news of a hefty investment by Nvidia.
After a highly anticipated wait for the Fed rate announcement, stocks did very little overnight as Jerome Powel delivered 25bps and the FOMC signalled 2 more cuts this year.
Stocks closed lower after hitting a fresh intraday record overnight as investors looked ahead to a widely expected Federal Reserve rate cut due tomorrow morning.
Stocks hit fresh record highs overnight, driven by a rally in Tesla and Nvidia ahead of a widely expected Federal Reserve rate-cut later this week. Uranium stocks sky-rocketed to fresh records on US policy announcements.
Stocks slipped Friday, weighed down by rising Treasury yields and fresh data showing consumers continue to worry about the economy.
Inflation numbers in line with expectation last night gives the Fed the green light to cut interest rates next week, pushing stocks to yet another record high
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.
