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Stocks were higher on Friday as a wave of AI-related hype pushed the Nasdaq higher and optimism a debt ceiling deal is getting closer in Washington boosted sentiment ahead of a long weekend.
The stock market has stumbled in recent weeks as rates have soared. This action played out on Friday as the 10-year Treasury yield ( ^TNX ) added about five basis points to creep near 4.8%, its ...
On Friday chip stocks soared as the media obsessed over a new blog post from Microsoft (Nasdaq: MSFT) which detailed $80 billion on spend around data centers this year. The financial community ...
That puts the stock market in a precarious position. Expectations regarding rate cuts could change based on an important economic data point that will be published on Wednesday, Nov. 27.
Here's what else happened today: The Fed is the only thing standing between investors and a full-blown stock market bubble. Bitcoin ETFs are seeing record outflows after the crypto market decline ...
Here's why tomorrow could be a big day for the stock market. Important economic data At 8:30 a.m. tomorrow, the U.S. Bureau of Labor Statistics will release its monthly nonfarm payrolls report for ...
Investors were further comforted Friday by Friday's fresh inflation data, with the personal consumption expenditures index rising 0.2% and 2.5% on a monthly and yearly basis, respectively, in line ...
U.S. stocks closed higher as investors digested a slew of corporate earnings reports, including some from the so-called Magnificent 7. The broad S&P 500 index closed up 0.51%, or 31.86 points, to ...
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