Despite Friday’s rally, the stock is still down about 14% in 2024. — Alex Harring Sat, Aug 10 20241:03 PM EDT Energy outperforms for the week Energy outperformed the broader market for the week, rising 1.6% week to date. Meanwhile, the S&P 500 is down 0.3% during the same period....
US:Netflixearnings and positive economic data fuel market optimism U.S. stocks reached new heights as solid earnings reports and resilient economic data drove optimism for the markets. The S&P 500 ticked up 0.4%, setting another record in its six-week rally, while the Dow Jones climbed 0.37%...
This year's market rally is far from a broad-based one, according to Barclays. The percentage of constituents in theS&P 500outperforming the index has risen from very low levels, but still remains far from the highs of the past few years, such as during the broad-based rally in 2021, a...
The market rally didn't discriminate, boosting stocks and commodities, though it did deflate the U.S. dollar from its recent 12-year highs. The greenback fell 2.2% against the euro, 1.3% against the British pound, 2.1% against the Aussie dollar, and 2.7% against the Swiss franc. Crud...
On Wall Street, Adobe fell 13.7% and was one of the heaviest weights on the market despite reporting stronger profit for the latest quarter than analysts expected. The company gave forecasts for profit and revenue in its upcoming fiscal year that fell a bit shy of analysts...
International financial institutions have expressed their optimism in the Chinese market after the Communist Party of China (CPC) Central Committee's meeting on economic work, which highlighted efforts to boost the capital market, and the People's Bank o
Stock Market Rally Extends; Industrials Close at 2,009.42Read the full-text online article and more details about "Stock Market Rally Extends; Industrials Close at 2,009.42" - THE JOURNAL RECORD, January 13, 1987U.S. NewspapersTHE JOURNAL RECORD...
The coronavirus stock market rally had an up-and-down week. The Nasdaq once again hit a record high, only to reverse for modest losses as of Friday afternoon. A sell-off in tech giants, rising China tensions and concerns about a stalling economic recovery took their toll. Tesla (TSLA)...
Regional bank stocks among top market performers Thursday Regional bank stocks were higher broadly on Thursday, with theSPDR S&P Regional Banking ETF (KRE)climbing 1%. The fund has gained 19% over the past month. Shares ofPacWest,Citizens Financialand Valley Nationalhelped lead the KRE higher wit...
The market rally in 2023 has been led by several of the Big Tech names that trade on the Nasdaq, but one tech index under the banner of a rival exchange has held its own. TheSPDR NYSE Technology ETF (XNTK),which tracks a NYSE index of 35 stocks, is wrapping up a banner year. ...