U.S. stocks are edging higher Thursday, gradually ascending back toward record heights, while Wall Street readies for the impact of an upcoming jobs report that could potentially shake the market on Friday. In afternoon trading, the S&P 500 showed a 0.2% increase, positioned just below its all-time high. However, the Dow Jones Industrial Average experienced […]
Intel shares experienced a decline today following revelations in a filing about significant losses in its foundry business, which had not been previously disclosed in such depth. The update underscored major challenges in a sector many thought could drive growth for the company. As of 11:12 a.m. ET, the stock had dropped 6.7% in response […]
With a 10% increase in the S&P 500 during the first three months of the year, marking record highs on 22 days, what’s the next move? Looking ahead, the market could be propelled further by upcoming earnings announcements from major US corporations. These reports, along with forecasts for the next quarter and the entire year, […]
Quarterly Performance of the Stock MarketThe initial quarter of 2024 concluded with notable strength seen across major indexes. Notably, the S&P 500 spearheaded this momentum, achieving its most robust first-quarter performance in five years, while establishing new highs both in closing and intraday levels. Small-cap stocks demonstrated their strength by outperforming large-cap stocks, with the […]
On Wednesday, the UK’s FTSE 100 fell behind global counterparts, even as takeover announcements propelled two stocks to lead the index. The blue-chip index inched up by only 1.02 points, equivalent to a mere 0.01% increase, concluding at 7,931.98. This lackluster performance occurred despite Diploma and DS Smith witnessing a nearly one-tenth surge in their […]
Dow Jones Industrial Average and other major indexes climbed on Tuesday, aiming to rebound from Monday’s losses. Famed investor Cathie Wood bought more than $28 million worth of Tesla (TSLA). Additionally, former President Donald Trump’s social media platform Truth Social soared 50% in its debut on the stock market today. In morning trading, the Dow […]
Reddit (RDDT) is set to make its Wall Street debut after being established in 2005 by University of Virginia roommates Alexis Ohanian and Steve Huffman. Ranked among the top 20 most visited websites globally, Reddit will enter the New York Stock Exchange on Thursday with shares priced at $34 each, equating to a market capitalization […]
European shares experienced a decline on Friday amidst subdued risk sentiment fueled by mounting concerns that the Federal Reserve might postpone interest rate cuts. However, the strength in telecommunications stocks partially offset the losses. The pan-European STOXX 600 index ended the day 0.2% lower after reaching record highs in three of the past five sessions. […]
In early Thursday trading, most Asian shares were on the rise following Wall Street’s partial recovery. Japan’s Nikkei 225 initially reached a record high before retreating slightly to 39,794.13, a decrease of 0.7%. Meanwhile, Australia’s S&P/ASX 200 edged up by nearly 0.1% to 7,740.80. South Korea’s Kospi saw a 0.5% increase to 2,654.45. Hong Kong’s […]
