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The market turmoil came after DeepSeek unveiled an AI tool that appears capable of competing with those created by top U.S. companies, but at a fraction of the cost.
Last week, the S&P 500 saw both its worst and best single-day performances of the year.A sign to some on Wall Street that all is not well in markets right now. On Monday, rising recession concerns ...
US stocks were mostly lower on Monday, pulling back from last week's record highs. Investors are turning their attention to third-quarter earnings season, with 21% of S&P 500 companies set to ...
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%.
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Goldman Sachs predicts record highs for stocks this week as $85 billion flows to equities. Systematic trading strategies and corporate buyback programs are driving the demand, Goldman said.
U.S. stocks spiraled Friday to cap a volatile week lower as fears that aggressive central bank tightening would trigger a recession wreaked havoc on financial markets. The benchmark S&P 500 ...