Today: July 08, 2024
Today: July 08, 2024

Latest From Johann M Cherian and Ankika Biswas

Business

Tesla woes get investors talking about its successor in 'Magnificent Seven'

The recent slump in Tesla stock threatens its place in an elite grouping of companies that powered a surge in U.S. markets in recent years, experts

Tesla woes get investors talking about its successor in 'Magnificent Seven'
Business

S&P 500 jumps to first record high in 2 years on AI optimism

The S&P 500 surged to an intra-day record high on Friday for the first time in two years, fueled by gains in chipmakers and other heavyweight

S&P 500 jumps to first record high in 2 years on AI optimism
Business

Wall Street gains as inflation data boosts Fed rate-cut hopes

Wall Street's main indexes climbed on Friday as a softer-than-expected inflation report boosted hopes of an early start to interest-rate cuts, while

Wall Street gains as inflation data boosts Fed rate-cut hopes
Business

Wall Street drops as inflation data dulls rate-cut hopes

Wall Street's main indexes fell in choppy trading on Thursday after a hotter-than-expected inflation print dampened hopes of early interest-rate cuts

Wall Street drops as inflation data dulls rate-cut hopes
Business

Boeing drags Dow to two-week low, megacaps boost Nasdaq

Tech-laden Nasdaq jumped more than 1% to a near one-week high on Monday, boosted by a rebound in megacaps and chip stocks, while blue-chip index Dow

Boeing drags Dow to two-week low, megacaps boost Nasdaq
Economy

S&P 500, Nasdaq climb as chips, megacaps jump

The benchmark S&P 500 and the Nasdaq jumped on Thursday after recent losses, boosted by chip and megacap stocks, with investors scouting for clues on

S&P 500, Nasdaq climb as chips, megacaps jump
Economy

Wall St drops as treasury yields drag megacaps; inflation data eyed

Wall Street's main indexes fell on Tuesday, with megacaps under pressure from rising Treasury yields and traders scaling back expectations for an

Wall St drops as treasury yields drag megacaps; inflation data eyed

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