June 16, 2024
Finance

Stocks pop as Wall Street looks to continue record-setting run

US stocks moved higher on Tuesday as markets looked to continue a record-setting run that has become the story on Wall Street during the first quarter of the year. The S&P 500 (^GSPC) rose about 0.3%, while the Dow Jones Industrial Average (^DJI) edged higher by roughly 0.1%. The tech-heavy Nasdaq Composite (^IXIC) led the

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Finance

Stock futures pop as Wall Street looks to continue record-setting run

US stock futures were pointing to a higher open Tuesday as stocks looked to continue a record-setting run that has become the story on Wall Street during the first quarter of the year. Futures on the S&P 500 (^GSPC) rose nearly 0.4%, while those tied to the Dow Jones Industrial Average (^DJI) edged higher by

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Finance

Dow, S&P dip after strong week, investors gauge Fed rate path

By Chuck Mikolajczak NEW YORK (Reuters) – The Dow and S&P 500 slipped on Monday, the first session after the biggest weekly percentage gains for the indexes this year, as investors assessed the likely path of interest rates from the Federal Reserve ahead of key inflation data due later in this holiday-shortened week. Last week,

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Finance

Stocks open lower, Boeing rises as CEO set to depart

A furious rally on Wall Street to start 2024 took a breather at the beginning of the final week of the year’s first quarter. The S&P 500 (^GSPC) fell 0.3% while the the Dow Jones Industrial Average (^DJI) dipped a modest 0.2%. The tech-heavy Nasdaq Composite (^IXIC) plopped 0.6% after the index set another record

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Finance

US stocks mixed as Nasdaq flips into positive territory

Citi analyst Ron Josey is sticking with on his bullish call on Zillow (Z) stock. In a recent client note, Josey reiterated a Buy rating on the stock with a price target of $68 in the wake of last week’s groundbreaking $418 million settlement from the National Association of Realtors that settled lawsuits regarding its

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Finance

Megacaps’ rally lifts tech-heavy Nasdaq, Fed in focus

By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street’s main indexes rose on Monday, with a rally in megacap growth stocks such as Alphabet and Tesla supporting a rebound in technology-heavy Nasdaq while investors also waited for the U.S. Federal Reserve’s meeting this week. Growth stocks were outperforming, with Alphabet gaining 4.8% after a

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Finance

4 Extraordinary Growth Stocks You’ll Regret Not Buying in the New Nasdaq Bull Market

Over long periods, Wall Street has demonstrated that it’s a wealth-building machine. But over shorter timelines, it’s also proven to be unpredictable and quite volatile. Over the previous four years, Wall Street’s major stock indexes have alternated between bear and bull markets in successive years. These swings have been especially noticeable for the growth stock-driven

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Investors

U.S. earnings, Hong Kong gains

42 Mins Ago Kakaobank shares jump as Q4 profit rises, customer base grows Kakaobank shares jumped 7% on Wednesday after the digital payments firm reported higher fourth-quarter profit. The company’s fourth-quarter net profit rose nearly 25% to 75.7 billion Korean won ($57.2 million) from a year earlier. Kakaobank added 2.42 million new users to its

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Funds

These are the stocks hedge funds are betting against the most even as the 2024 market rallies

As the market picks up steam this month, led by gains in technology names, some hedge funds are betting against a handful of retailers and auto companies. The S & P 500 , which crossed another bull market threshold on Jan. 19, has continued to climb for the past six trading sessions alongside the Nasdaq

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Investors

Stock market today: Live updates

An Hour Ago Crypto stocks jump after SEC greenlights U.S. bitcoin ETFs 2 Hours Ago House committee demands a hearing with SEC Chair Gensler after X account controversy The House Financial Services Committee now wants SEC Chair Gary Gensler to provide details on what led up to the regulator’s X account posting a false social

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