Against this backdrop, Slok pointed out that gains in equity market are spreading to other sectors beyond technology. He advised investors to seek out winners and losers from a "bottom-up perspective," rather than just reaching for the "Magnificent Seven," which posted sky-high returns last ye...
The broad market benchmark advanced 0.40% to close at 5,864.67. TheDow Jones Industrial Averagegained 36.86 points, or 0.09%, to end at 43,275.91. TheNasdaq Composite, led by a postearnings jump in Netflix, ended the day up 0.63% at 18,489.55. The three major averages clinched their ...
The US stock market put an end to the strong performance of the first quarter on an optimistic note. The market speculates that the Federal Reserve will be able to achieve a soft landing in the economy, which will benefit American companies. Although the latest remarks by Federal Reserve ...
Stock Market Today: Dow logs back-to-back gain, stocks on pace for biggest weekly gains in a month Follow all the latest U.S. market action for Thursday here. Last Updated: Sep. 12, 2024 at 4:54 PM EDT Thursday's Top Reads Here are the top stories to read ahead of Thursday tradin...
Samsung Electronics forecast its strongest first-quarter profit in four years as surging chip demand offset uncertainties in the global smartphone market. Conagra Brands (CAG) shares ended up slightly higher after the packaged food giant cut its full-year profit forecast amid surging input prices an...
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U.S. stock indexes gave up an early gain and drifted to a mixed finish Friday, helping give the market its first losing week since early September. The S&P 500 closed little changed after having been up 0.9% earlier in the day. The benchmark index ended t...
In the bond market, Treasury yields edged lower, which helped keep things calmer in the stock market. The yield on the 10-year Treasury fell to 4.41% from 4.45% late Friday. In stock markets abroad, indexes ended mixed in Europe following sharper swings in Asia. ...
For the week, the 2-year rate fell 19.4 basis points to 4.804%, the biggest weekly drop since the period that ended on Jan. 12, according to 3 p.m. Eastern time figures from Dow Jones Market Data. U.S. 2 Yr BX:TMUBMUSD02Y (XTUP) ...
A follow-through daymayindicate that a stock market correction has ended and a new uptrend may be taking hold. But it is just one signal that we look for to potential mark a shift in trend. Even if a follow-through day occurs, it's important to keep the level of market exposure in ...