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The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
Donald Trump rang the opening bell at the New York Stock Exchange on Thursday. One of Wall Street's biggest bulls sees the S&P 500 soaring 16% early next year before a sharp sell-off in the 2nd half
Here's what else happened today: Here's why the bond market is throwing a tantrum that could tank stocks. 4 parts of everyday life where Americans will feel surging bond yields .
The market's positive open follows four consecutive days of losses in the final trading days of 2024. Still, the S&P 500 surged 23% to notch back-to-back annual gains of over 20%.
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The big market story today is the return of Donald Trump. After being sworn in yesterday, Trump signed a flurry of executive orders whose impacts are rippling through the market. In addition ...
The stock ended the day at $138.37. Also on Thursday, investors digested a surprise fall in jobless claims, down 15,000 from the week before to 227,000. Consensus estimates had expected 242,000.
The U.S. stock market soared on Wednesday, delivering significant gains in the first day of trading after the presidential election. The Dow Jones Industrial Average rose 3.6%. That performance ...