Friday, July 26, 2024

Stocks Keep Running as Inflation Fades and Apple Breaks Out

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Stocks are hitting new highs as inflation eases and Apple breaks out. The S&P 500 rose 1.6 percent between Friday, June 7, and Friday, June...

Apple, Inflation, Fed: Events Next Week Could Dominate Trading in June

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June is starting, with major catalysts over the next eight sessions. First is Apple (AAPL). The smart-phone giant has mostly been excluded from the AI...

Bears Rejected: Nasdaq Reclaims Leadership on AI, Earnings Growth

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Strong earnings and optimism about rate cuts seem to be overpowering bearish news in the stock market. The S&P 500 rose less than 0.1 percent...

Stocks Break Out as Inflation Cools and China Steps In

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Stocks have broken out as inflation cools and China moves to support its ailing property market. The S&P 500 rose 1.5 percent between Friday, May...

Stock Gains Widen as Investors Hope for Lower Inflation

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Money is flowing back into stocks as investors hope for a better inflation report this week. The S&P 500 rose 1.9 percent between Friday, May...

Stocks Claw Back from Losses as News Shifts and Yields Fall

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Last week's news wasn't great, but it was good enough to stop the bears. The S&P 500 rose 0.5 percent between Friday, April 26, and...

Stocks Retreat: Dovish Hopes Fade Before Key Fed Meeting

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Stocks have pulled back as investors brace for more hawkish news from the Federal Reserve today. The S&P 500 declined 4.2 percent in April, breaking...

AI Boom Fades as Fundamentals Weaken: Earnings Recap

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Most of the big earnings reports have now occurred, and so far they've done little to boost the market. Companies like Microsoft (MSFT), Meta Platforms...

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...
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