Saturday, May 4, 2024

Is the Fed Almost Done? Stocks Break Out On Hopes of a Soft Landing

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Stocks jumped to a 13-month high as investors hoped the Federal Reserve is almost done hiking interest rates. The S&P 500 rallied above its peak...

Suddenly Lots of Stocks Are Hitting New Highs

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More stocks are showing signs of a breakout as the Federal Reserve meets and the S&P 500 jumps above last summer's peak. Forty-three members of...

Technical Analysis: Don’t Forget About Alphabet

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Alphabet has been on the sidelines since a big rally in May. Is it time for traders to think about more upside? The first pattern...

Stocks Approach August Highs Amid Talk of a New Bull Market

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Talk of a new bull market is buzzing on Wall Street with the Federal Reserve expected to stop raising interest rates. The S&P 500 rose...

Chart of the Day: Carnival Pushes a Key Level

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Carnival has been stuck in the doldrums since last summer, but now some traders may think it’s ready to cruise higher. The first pattern on...

Are Buyers Pivoting Away From Tech as Stocks Break Out?

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Investors may be pivoting to old-economy stocks as a new month begins and the market continues higher. The S&P 500 rose 1.8 percent in the...

Semiconductors Led Tech Higher in May as Earnings Beat and Inflation Slowed

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Stocks rose for a third month in May, fueled by an explosive rally in chipmakers and artificial intelligence. The S&P 500 briefly dipped below its...

Stocks Fight Higher as Nvidia Drives Artificial Intelligence Rally on the Nasdaq

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Stocks keep rising as artificial intelligence revives interest in technology and growth stocks. Last week's big mover was AI leader Nvidia. The semiconductor giant jumped...

Stocks Challenge Highs as Bulls Wait for Debt Ceiling Progress

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Stocks are challenging their highs for the year as investors wait for Congress to raise the national debt limit. The S&P 500 rose 1.6 percent...

Growth Stocks Are Leading Again as Inflation Worries Fade

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Growth stocks like Alphabet are leading again as inflation continues to fade. The S&P 500 slid 0.3 percent between Friday, May 5 and Friday, May...
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