In the mean time, the market has been rallying. But even though theS&P 500hit another all-time high on Friday, Suttmeler said the broader market is showing “pesky bearish divergences,” with only 34% of NYSE stocks rising on the day. This kind of market breadth is a risk for market ...
” Ma said. “While there has been additional strength in areas of the market such as artificial intelligence and semiconductors, an even broader rally across additional sectors would be welcome.”
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Tesla Surpasses Market Returns: Some Facts Worth Knowing Yahoo Finance Neutral 2024-10-08 Stock futures rebound from Monday's decline as oil prices ease: Live updates CNBC Neutral 2024-10-08 Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off ...
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U.S. equity futures traded lower after a mixed session on Wall Street, where tech sector losses offset gains in other parts of the market. The major futures indexes suggest a loss of more than 1% for the tech heavy Nasdaq as Amazon shares tumbled. The Dow is looking at a decline of 0....
In a massive understatement, CEO Michael Corbat said in the earnings release that “a volatile fourth quarter impacted some of our market sensitive businesses.” Citi is the first major bank to report its fourth quarter earnings. So it will be interesting to see if its rivals were similarly ...
Stock market reacts to Powell From CNN Business' Paul R. La Monica Stocks moved modestly (to use one of the Fed’s favorite words to describe the economy’s growth) once Federal Reserve Chairman Jerome Powell began speaking at an event at the Economic Club of Washington today. The Dow ...
Market watchers are digesting the whopping 3.2% first quarter US GDP report from this morning. The headline number was strong and beat consensus estimates, but it is also just the first reading and will likely get revised. Strong economic growth could be cause for concern for stock investors wo...