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Markets were encouraged by Powell's comments on the economy. The Dow closed about 45,000 for first time ever, while the S&P 500 and Nasdaq also hit records.
It's a shortened holiday trading week, with the stock and bond markets closed on Wednesday for New Year's Day. Here's where US indexes stood at 12:35 p.m. on Monday: S&P 500 : 5,929.75, down 0.69%
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
A strong jobs report this week could boost the "American exceptionalism" trade that's pushed stocks higher, Bank of America said. In commodities, bonds, and crypto: West Texas Intermediate crude ...
More than 90 S&P 500 companies are set to report results this week, and investors will be keenly focused on third-quarter updates from Meta Platforms, Microsoft, Apple, Amazon, and Alphabet.
Tesla stock surged 7% to hit a $1 trillion market cap on Friday for the first time since April 2022. Traders betting against clean-energy stocks have made $1.3 billion since Trump's election win.
Here's what else happened today: The stock market's record-breaking run could spell bad news for investors in 2025 , a research firm says. Use any market correction to load up on Magnificent Seven ...
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.