Tag: S&P 500

The Dow finished above 45,000 for the very first time. Most of the gains were from larger tech and AI names like Nvidia and Microsoft.(Representational Image/Pixabay)
Posted in Business

US stocks surge on Fed rate cut hopes, ignoring France, South Korea’s political crises

US stocks surged to record highs on Wednesday on hopes of the US monetary policy easing, completely ignoring political upheavals taking place in South Korea…

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The method has been accurate in predicting both the 2016 and 2020 elections.(AFP)
Posted in Business

Stock market’s 82% accurate US election signal favours incumbents. Here’s why

As Americans head to the polls on the final day of a hard-fought presidential race, a well-known financial indicator has captured attention, suggesting that the…

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A Wall Street street sign in front of the New York Stock Exchange (NYSE) in New York, US.(Bloomberg)
Posted in Business

Wall Street retreats from records as oil prices leap after Iran attacks Israel

U.S. stocks are retreating from their records Tuesday as worries worsen about the escalating violence in the Middle East. A Wall Street street sign in…

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Television stations broadcast Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US.(Bloomberg)
Posted in Business

US stock market at record high as investors cannot keep calm after Fed rate cut

Sep 20, 2024 07:55 AM IST Wall Street stocks hit record highs as the Federal Reserve cut interest rates to support the labor market. Dow…

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Wall St eyes higher open on soft landing optimism
Posted in Business

Wall St eyes higher open on soft landing optimism

* Wall St eyes higher open on soft landing optimism Boeing jumps after reaching tentative labor deal * Eli Lily up after appointing insider Montarce…

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Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, US.(Bloomberg)
Posted in Business

US stock market sees biggest slide since August. Reason? History and data

Stocks got hit at the start of a historically tough month for the market, with investors bracing for economic data that will show whether or…

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