The stock market rallied after gross domestic product data indicated a reversal in the U.S. economy. CBS News contributor Javier David breaks down the latest moves by investors. May 1 02:31 What's behind the
Shares of crypto exchangeCoinbase Globalwere earlier up 0.4%, on pace for its 8th straight positive day after the stock has gained 37% so far this month. It recently edged lower, down by 0.2%, to $83.80. The rally marks a reversal from Coinbase’s underperformance throughout 2022, when ...
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Chip stocks were the front-runners of Thursday's action, but gave up some of their gains heading into the market close. AI darlingended the day up 0.9% after earlier notchinga new all-time high. The stock was boosted afterTaiwan Semiconductor, a major supplier forNvidiaand other chip manufa...
Stock Market: Time to Look for Reversal?Scott Redler
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The stock market rally was looking weak at Wednesday's open but staged a bullish reversal, with the S&P 500 and Nasdaq finishing the week almost at record highs. Ultimately, markets viewed the week's inflation and other economic data as relatively tame. Meanwhile, President Donald Tru...
The economy, including consumer spending and employment, held strong despite the squeeze from inflation and high borrowing costs. A slowing job market, though, has helped push a long-awaited reversal of the Fed’s policy. Inflation rates have been warming up slight...
The stock market is suffering a broad reversal Monday, but the stocks listed on the Nasdaq Stock Market are bouncing back a little more than those on the NYSE in early afternoon trading. NYSE decliners were recently beating advancers by more than 8 to 1, about in line with trading earlier ...
US stock indexes are in the red today, but on the whole the market is still near record highs. The Nasdaq Composite last set an all-time high yesterday, and bubble talk is getting louder. “I think we’re a little bit in a bubble. I think valuations are stretched,” said Kenny Polca...