When Savita Subramanian, head of US equity strategy at Bank of America, raised her outlook for stocks at the end of last year, there was a lot of skepticism that equities could go any higher. The S&P 500 had already surged on expectations that the Federal Reserve would start cutting rates in 2024. And investors … Read more
Stocks dropped after solid economic readings and a rally in commodities spurred speculation that major central banks will keep interest rates higher for longer. In a revival of the “good news is bad news” trade, better-than-estimated data on US job openingsBloomberg Terminal and factory goods ordersBloomberg Terminal added to skepticism about the pace of Federal … Read more
Before Market Opens: Indian markets are likely to open higher on Monday following gains in Asian peers. Furthermore, Gift Nifty was trading 50 points higher, indicating a strong start for benchmark Nifty. Let’s take a look at some key cues before the market opens today: The S&P 500 closed out the week with slight gains … Read more
Stock Market Today: Dow, S&P Live Updates for April 1 Bloomberg Source link
iShares Core S&P Total U.S. Stock Market ETF (NYSEARCA:ITOT – Get Free Report)’s stock price reached a new 52-week high on Thursday . The company traded as high as $115.44 and last traded at $115.40, with a volume of 72320 shares changing hands. The stock had previously closed at $115.27. iShares Core S&P Total U.S. … Read more
France is putting pressure on its defense industry to accelerate production of equipment for Ukraine, with the government threatening to impose its authority on companies it believes are too slow. “For the first time, I’m not ruling out using what the law allows,” Defense Minister Sebastien Lecornu told reporters Tuesday. “This means, if there are … Read more
Stock Market Today: Dow, S&P Live Updates for March 26 Bloomberg Source link
Semiconductor industry investors aren’t complaining about portfolio performance – not when chip stocks continue to generate solid returns for investors in the first quarter of 2024. The benchmark iShares Semiconductor ETF (ticker: SOXX) is up 21.9% year to date as of March 22, compared with 19.5% for the S&P Global Semiconductors Index. Over the past … Read more
Amazon.com, Inc. (AMZN) Stock Price, News, Quote & History Yahoo Finance Source link
The rally in stocks lost traction Friday, with the market still notching its best week in 2024 amid speculation the Federal Reserve will be able to cut interest rates as soon as June. US equities wavered after a record-breaking run that drove the S&P 500 up about 10% this year. In an almost broad-based weekly … Read more