Dow, S&P 500, Nasdaq post best day since Nov. 6 on cooling inflation and bank earnings
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
Quantum computing stocks continued rallying Wednesday after quantum-related announcements from both Nvidia (NVDA) and Microsoft (MSFT).
Aluminum prices remain sideways amidst market uncertainty and the possibility of new tariffs.
Compass' Robert Reffkin (Compas, Getty)Compass gave investors some positive news on Wednesday, raising its fourth quarter and full-year outlooks. Its stock jumped over 20 percent following the announcement, reversing a more-than month-long tailspin. Earlier this week, Compass also announced that it closed on its $444 million deal for @properties and Christie’s International Real Estate. The company raised its full-year revenue […]This article originally appeared on The Real Deal. Click here to r
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious about the pace of inflation. The path ahead remains shadowed by ongoing uncertainty about the outlook for further Federal Reserve interest rate cuts and incoming president Donald Trump's actions on issues like taxes and tariffs, market participants said. While the consumer price index for December rose at a faster-than-expected pace, markets seized on the core CPI, which excludes the volatile food and energy components.
Benchmark hosted an investor meeting with MicroStrategy’s executive chairman Michael Saylor.
Amazon stock has pulled back to its bullish 50-day moving average
John Bozzella, who leads the trade group representing major automakers in the U.S., said there’s “not a chance” that the states that follow California’s Advanced Clean Cars II regulations will achieve that benchmark this year.
Wall Street’s biggest banks posted record profits after Donald Trump’s election triumph triggered a US stock market trading frenzy.
Howard Marks, the co-founder, and co-chairman of Oaktree Capital Management, who predicted the dot-com bubble 25 years ago has alerted investors about cautionary signs in the market in his latest paper called, “On Bubble Watch”. What Happened: According to Marks, these cautionary signs include the over-optimism in the market, ongoing AI hype, reliance on ‘Magnificent Seven’ stocks, and index investing bias. Don't Miss: According to Juniper Research, the total value of B2B cross-border payments s