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The stock market surge accelerated midmorning after dovish comments from Fed president Austan Goolsbee. PCE inflation was cooler than expected. Dow shoots up 750 points as market rebounds after ...
NEW YORK, NEW YORK - JANUARY 22: Traders work on the floor of the New York Stock Exchange during morning trading on January 22, 2025 in New York City.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
These reports may give investors a better view of how consumers and the housing market are faring. Retail giant Walmart expressed some caution last week when it reported quarterly results.
To sit in the back of the room watching the impeccably dressed, articulate men and women who are orchestrating Johnson & Johnson’s trailblazing cures for cancer, Alzheimer’s, diabetes, AIDS and mental illness, and to watch the Wall Street crowd digesting it and calculating the potential cash flows and returns on investment, was to watch the free market dream come true.
Stocks to watch. Other moving stocks on Friday included: Block's results in the last three months of the year missed analysts' expectations. Shares of the payments platform shed more than 17.5%.
Street signs hang outside the New York Stock Exchange (NYSE) at Wall Street in New York on February 3, 2025. Stock markets slumped Monday over concerns about the global economy after US President ...
The S&P 500 chugged to a record high last week as new inflation data signaled good news about the Federal Reserve's rate cut plans.For the week, the Nasdaq Composite rose more than 2.5%, while the ...