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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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“The market actually wants a bad jobs report, perverse as that sounds,” Opimas CEO Octavio Marenzi, told Yahoo Finance Thursday afternoon, adding it wants “the job numbers to come in weak so ...
December 21, 2023 at 7:15 AM US stock futures climbed on Thursday, headed for a rebound from their worst daily sell-off in three months as nerves settled and the prospect of interest-rate cuts ...
Tesla stock tanked more than 11% on Tuesday. Tesla is now down 40% in the last month and 69% in 2022 so far, placing the company on pace for its worst year on record.
The resilience of the stock market played out against the backdrop of an aggressive tightening campaign from the Federal Reserve. Central bankers set out to rein in historical levels of inflation.
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Stocks inched higher on Wednesday amid a shortened week of trading and few major catalysts to drive market action. The S&P 500 ( ^GSPC ) neared an all-time high close of 4,796.56 on Wednesday but ...