Thursday, May 23, 2024

Nasdaq Surges as Traders Buy the Dip Before Fed Meeting

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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?

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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?

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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

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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

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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

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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

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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

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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

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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

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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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