US stocks closed a volatile week with a flash of optimism as investors mounted a comeback off promising inflation data and hardening expectations of coming interest-rate cuts. The Dow Jones Industrial Average (^DJI) added 1.6%, or more than 650 points. The S&P 500 (^GSPC) rose about 1.1%, while the Nasdaq Composite (^IXIC) put on 1%
NEW YORK (AP) — A widespread rally swept Wall Street Friday, lifting far-reaching corners, to close a tumultuous week where stocks that had been left behind for much of this year’s record-setting run wrested the spotlight back from the market’s biggest stars. The S&P 500 jumped 1.1% for its best day in seven weeks after
Wall Street staged a comeback Friday after a bruising week on some optimistic economic signals. The Dow Jones Industrial Average popped 654 points, or 1.6 percent, to close at 40,589, offsetting steep losses from two days before. The broader S&P 500 rose 1.1 percent to close at 5,459, while the tech-heavy Nasdaq composite index gained
US stocks rose during afternoon trading Friday and were poised for a comeback as investors embraced new pricing data that showed inflation continuing to ease, solidifying expectations for coming interest-rate cuts. The Dow Jones Industrial Average (^DJI) added 1.7%, or more than 600 points. The S&P 500 (^GSPC) rose about 1.2%, while the Nasdaq Composite
Spencer Platt/Getty Images Economic data has also remained remarkably resilient, even as rates stay at a 23-year high. New York CNN — Wall Street is undergoing a palpable vibe shift. Strong corporate earnings have helped stocks notch repeated record highs in 2024, despite stubborn inflation forcing investors to dial down their expectations for how many
Image source: Getty Images From being the worst performer in the Magnificent Seven to the best-performing, Tesla (NASDAQ:TSLA) stock has been extraordinarily volatile for a mega-cap company in 2024. However, Tesla gave back some of its recent gains in pre-market trading on 23 July after its second-quarter earnings missed expectations. The stock was down around
Image source: Aston Martin Following the release of half year results this morning (24 July), the Aston Martin (LSE:AML) share price has popped 11% higher in early trading. Unfortunately, the FTSE 250 stock’s still down 52% over the past year. But events like this can prove to be the catalyst for a longer-term move higher.
Asian stocks fell on Wednesday as markets digested Japanese and Australian business data, after U.S. stocks held relatively steady as earnings reporting season ramped up for big companies. U.S. futures fell while oil prices were higher. Japan’s benchmark Nikkei 225 slipped 1.1% to 39,154.85, with the Japanese yen trading at its highest level in months
Stock Market LIVE on July 24, 2024: The benchmarks Sensex, Nifty were trading in red on Wednesday with Sensex slipping 115 points to 80,313 levels, while the Nifty50 fell marginally to 24,448, down 0.12 per cent. In contrast with the benchmarks, the broader markets also showed optimism, with the MidCap index rising by 0.41 per cent
The stock market saw a sharp decline today (July 23) after the announcement of the Union Budget by Finance minister Nirmala Sitharaman. Both Sensex and Nifty experienced significant losses. The S&P BSE Sensex dropped below 80,000 while the NSE Nifty fell by 409 points. Three major reasons for the crash in stock market are: STT