Markets Wrap: Dow Hits Record, Nasdaq Rises as Chipmakers Rally; Fed Cut Hopes Fade
U.S. stocks were mixed Thursday as strong data boosted economic optimism, while some investors reduced Fed rate cut expectations.
U.S. stocks were mixed Thursday as strong data boosted economic optimism, while some investors reduced Fed rate cut expectations.
U.S. stocks rallied on Wednesday, rebounding towards record highs after a mixed performance in the previous session.
Stocks fell on Tuesday as traders processed mixed corporate earnings and renewed concerns over semiconductor sales.
Three major Wall Street firms surpass profit forecasts, emphasizing the necessity of professional expertise in investments.
Stocks surged on Friday as the S&P 500 and Dow Jones Industrial Average reached new highs, driven by a strong start to the third-quarter earnings season from major banks.
Stocks fell on Thursday, with the S&P 500 and Dow Jones Industrial Average retreating from record highs.
The Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for 2025, which will raise monthly benefits by about $50 on average.
On September 18, 2024, the Federal Reserve cut the interest rate from 5.5% to 5% for the first time in four years, impacting both the real estate and stock markets. First, it's important to understand what interest is.
The newly minted Nobel Prize winner Geoffrey Hinton says he's proud that one of his former students had a part to play in Sam Altman's brief ouster from OpenAI in November.
ETFs have gained popularity for their liquidity and diversity, seen as safe and profitable by self-managing investors. But are they truly low-risk, high-return? This article explores ETF basics, risks, and how to invest wisely.