Thursday, May 23, 2024

Nasdaq Surges as Traders Buy the Dip Before Fed Meeting

Stocks are rebounding as key earnings beat estimates and investors get comfortable with fewer rate cuts. The S&P 500 rose 2.7 percent between Friday, April...

Chip Selloff Hammers Growth Stocks. Is the AI Boom Over?

Chip stocks like Nvidia led the market to new highs last earnings season. The opposite could be happening this time. The Philadelphia Semiconductor Index fell...

Stocks Have Had a Healthy Pullback. Will Buyers Step In?

Stocks have had their biggest pullback since the current rally began. Will buyers step in? The S&P 500 fell 1.6 percent between Friday, April 5,...

Stocks Pull Back Before Inflation Data and Earnings Season

Stocks began the second quarter with a pullback as investors worried about higher interest rates and geopolitical risk. The S&P 500 fell almost 1 percent...

Stocks Make a 3rd Monthly Record as Buyers Rotate Away from Growth

Stocks hit a new record for the third straight month in March, but there was significant rotation away from growth names and technology The S&P...

Dovish Fed and Strong Earnings Drive Stocks to Another Record

Stocks just had their best week of the year, thanks to a dovish Federal Reserve and strong earnings. The S&P 500 rose 2.3 percent...

Stocks Hesitate as Inflation Returns Before the Fed

Stocks could be hesitating before a key Federal Reserve announcement on Wednesday. The S&P 500 slid 0.1 percent between Friday, March 8, and Friday, March...

Stocks Churn Near Highs as Markets Look for June Rate Cut

Stocks keep making new highs as investors feel more confident about inflation and interest rates. The S&P 500 traded above 5150 for the first time,...

New Highs Continue in the Stock Market as AI Boom Widens

Stocks keep rallying as investors look for the AI boom to drive earnings and the broader economy. The S&P 500 rose 0.9 percent between Friday,...

Another Record for Stocks in February on Earnings, Economic Growth

Stocks just rose for the fourth straight month, powered by strong earnings and economic growth. The S&P 500 climbed 5.2 percent between December 31 and...
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