Today: July 02, 2024
Today: July 02, 2024

Latest From Caroline Valetkevitch

Business

US semiconductor index jumps as TSMC signals strong AI chip demand

An index of semiconductor stocks was up more than 2% on Thursday and chip stocks were helping the broader market after Taiwan Semiconductor Manufacturing

Business|Economy

Stocks dip as investors digest inflation data; bond yields up

Global stock indexes edged lower on Friday, reversing early gains as investors absorbed data that showed U.S. inflation was flat in May but in line with

Stocks dip as investors digest inflation data; bond yields up
Business|Economy

Stocks inch up, bond yields dip; inflation data ahead

Global stock indexes edged higher on Thursday, while U.S.

Stocks inch up, bond yields dip; inflation data ahead
Economy

Dollar hits 38-year high vs yen; US stocks rise

The U.S. dollar on Wednesday hit its highest level against the Japanese yen in nearly 38 years, and investor speculation was high that authorities in Japan

Dollar hits 38-year high vs yen; US stocks rise
Economy

S&P 500 ends with record high for 2nd session in row

The S&P 500 posted a second straight record high close on Monday as tech stocks added to recent gains and investors awaited upcoming corporate reports for

S&P 500 ends with record high for 2nd session in row
Business|Technology

Nasdaq manages 5th straight record high close; S&P 500 ends barely lower

The Nasdaq eked out a fifth straight record closing high on Friday following gains in Adobe and other technology-related shares, while the S&P 500 and Dow

Nasdaq manages 5th straight record high close; S&P 500 ends barely lower
Business

S&P 500 to end 2024 with small gain after strong 2023: Reuters poll

The S&P 500 will finish this year above the 5,000 mark, but up just a little more than 2% from its current level, as it remains unclear when the Federal

S&P 500 to end 2024 with small gain after strong 2023: Reuters poll
Business

Megacap US tech results pivotal for market that is at record highs

Wall Street's run-up to record highs will be put to the test in the coming weeks as heavily weighted U.S. technology-related companies open their books on

Megacap US tech results pivotal for market that is at record highs
Business

Wall St gains before holiday, investors optimistic Fed done raising rates

U.S. stocks rose on Wednesday as investors were optimistic the Federal Reserve may be done raising interest rates and that the economy is still resilient.

Wall St gains before holiday, investors optimistic Fed done raising rates
Business

S&P 500 ends at lowest since June 1 as data fuels rate worries

The S&P 500 index closed at its lowest level since June 1 on Tuesday as economic data underscored the view the Federal Reserve may need to keep interest

S&P 500 ends at lowest since June 1 as data fuels rate worries
Business|Economy

S&P 500, Nasdaq post closing record highs after CPI, Fed

The S&P 500 and Nasdaq posted record closing highs for a third straight day on Wednesday after inflation data came in softer than expected but the indexes

S&P 500, Nasdaq post closing record highs after CPI, Fed
Business|Technology

Nasdaq, S&P 500 post record closing highs as Apple soars

The S&P 500 and Nasdaq registered record closing highs for a second straight day on Tuesday, helped by a gain of more than 7% in Apple shares, while

Nasdaq, S&P 500 post record closing highs as Apple soars
Business|Economy

S&P 500, Nasdaq post record closing highs; Fed meeting, CPI ahead

The S&P 500 and Nasdaq eked out record closing highs on Monday, although investors were cautious ahead of this week's consumer prices report and a Federal

S&P 500, Nasdaq post record closing highs; Fed meeting, CPI ahead
Business|Economy

S&P 500 to end 2024 around current levels after strong run: Reuters poll

The Standard & Poor's 500 will end the year near current levels, but strong stock market gains so far in 2024 have some strategists saying the index is at

S&P 500 to end 2024 around current levels after strong run: Reuters poll
Business|Economy

Stocks edge up as timing of US rate cuts weighed; copper jumps

A world stock index rose for a seventh straight session and U.S.

Stocks edge up as timing of US rate cuts weighed; copper jumps
Business|Economy

Dow surpasses 40,000, world stocks hit record amid rate cut hopes

The Dow Jones industrial average crossed the 40,000 level on Thursday for the first time and a world stock index scored a third straight record intraday

Dow surpasses 40,000, world stocks hit record amid rate cut hopes
Business|Economy

World stock index set for record high, dollar dips after PPI, Powell

MSCI's gauge of stocks across the globe was set for a record high close on Tuesday, while the U.S. dollar edged lower as investors digested U.S. producer

World stock index set for record high, dollar dips after PPI, Powell
Business|Economy

Stocks near flat, dollar dips as focus shifts to US inflation data

Global stock indexes were little changed on Monday while the U.S. dollar index eased as investors awaited this week's U.S. inflation data that is expected

Stocks near flat, dollar dips as focus shifts to US inflation data
Economy

S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG

With results in from about two-thirds of companies, fourth-quarter 2023 S&P 500 earnings growth is now seen at 9.0%, almost double a Jan. 1 forecast for

S&P 500 Q4 2023 earnings growth now seen at 9% year over year -LSEG
Economy

Fourth-quarter US earnings seen up 4.4% as reporting period kicks off

Fourth-quarter earnings for S&P 500 companies overall are expected to have increased 4.4% from a year earlier, LSEG data showed on Friday, just as results

Fourth-quarter US earnings seen up 4.4% as reporting period kicks off
Economy

Stocks fall, yields inch higher; focus on upcoming US inflation data, earnings

Global stock indexes fell and Treasury yields edged higher on Tuesday, with investors bracing for key U.S. inflation data this week and the start of

Stocks fall, yields inch higher; focus on upcoming US inflation data, earnings
Economy

S&P 500 posts longest weekly winning streak since 2017; ends flat on day

The S&P 500 ended little changed on Friday but registered a seventh straight week of gains in its longest weekly winning streak since 2017 after this

S&P 500 posts longest weekly winning streak since 2017; ends flat on day
Economy

S&P 500 to see small gain in 2024 as US economic risks rise: Reuters poll

The S&P 500 will end next year only about 3% higher than its current level, with a possible U.S. economic slowdown or recession among the biggest risks

S&P 500 to see small gain in 2024 as US economic risks rise: Reuters poll
Economy

S&P 500, Nasdaq close down, ending 5-session winning streaks; retailers, tech weak

U.S. stocks retreated on Tuesday, with the S&P 500 and Nasdaq snapping five-session winning streaks as retailers declined after some disappointing

S&P 500, Nasdaq close down, ending 5-session winning streaks; retailers, tech weak
Economy

Wall St rallies as data supports view Fed may be done hiking rates

The S&P 500 and Nasdaq posted their biggest daily percentage gains since April 27 on Tuesday as softer-than-expected inflation data supported the view

Wall St rallies as data supports view Fed may be done hiking rates

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