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Market Overview
Stocks faced steep losses on Wednesday following the Federal Reserve's announcement of a 25 basis point rate cut, paired with a more cautious projection for rate reductions in 2025. The Dow Jones Industrial Average dropped 2.6%, shedding over 1,000 points, marking its tenth...
Market Overview
The Dow Jones Industrial Average marked its ninth straight losing session on Tuesday, falling 0.6% as markets awaited the Federal Reserve's decision. This drop extended the Dow's longest losing streak since February 1978, when it also fell for nine consecutive days. The S&P...
Market Overview:
The Nasdaq Composite soared to new record highs on Monday, propelled by gains in major tech stocks and optimism surrounding bitcoin’s continued rally. Tesla, Google, Amazon, and Apple all reached fresh highs, contributing to the Nasdaq's 1.24% increase. The S&P 500...
Market Overview:
Despite notable performances in select tech stocks, Wall Street ended Friday with mixed results. The Nasdaq Composite rose 0.1%, buoyed by Broadcom’s remarkable surge to all-time highs, driven by an AI-driven sales forecast that exceeded expectations and pushed its market...
Market Overview:
Wall Street faced a setback as fresh inflation data challenged the optimism of investors banking on continued rate cuts. The Dow Jones Industrial Average dropped 0.56%, the S&P 500 declined 0.51%, and the tech-heavy Nasdaq Composite fell 0.65%, signaling a pause in the recent...
Market Overview:
The Nasdaq crossed the 20,000 mark for the first time ever as Big Tech stocks soared, buoyed by favorable inflation data that reinforced expectations of a Federal Reserve interest rate cut. The Nasdaq Composite jumped 1.76%, propelled by a blistering rally in the "Magnificent...
Market Overview:
US stock markets pulled back from record highs on Monday as Nvidia faced pressure amid a Chinese antitrust probe, and investors braced for this week’s critical consumer inflation report. The Dow Jones Industrial Average dipped 0.54%, extending its losing streak from last...
Market Overview:
U.S. stocks ended a volatile week with mostly positive performance on Friday following the release of a closely watched jobs report. The Nasdaq led gains, climbing 0.78%, while the S&P 500 rose 0.19%. The Dow, however, slipped 0.26% amid weakness in cyclicals. The U.S....
Market Overview:
U.S. stocks paused their recent rally on Thursday as investors awaited Friday’s crucial jobs report and digested fresh economic data. The Dow led losses with a 0.55% decline, while the S&P 500 and Nasdaq each dipped 0.16%. Bitcoin pulled back after reaching a milestone...
Market Overview:
The stock market continued its impressive rally on Wednesday as tech stocks fueled gains across all major indices, leading to record closes. The Nasdaq surged 1.3% to a new high of 19,735.12, while the Dow climbed 0.7%, closing above 45,000 for the first time ever. The S&P...
Market Overview:
U.S. stocks closed mixed today as investors weighed fresh economic data and remarks from Federal Reserve officials that hinted at future rate cuts. Both the S&P 500 and the Nasdaq posted modest gains of 0.1% and 0.4%, respectively, marking new record highs. The Dow, however,...
Market Overview:
The Nasdaq and S&P 500 started December with a bang, closing at record highs as optimism in the tech sector lifted the broader market. The Nasdaq climbed nearly 1%, led by a surge in Tesla and Meta, which each gained over 3%. Meanwhile, the S&P 500 edged up 0.2%,...
