S&P 500, Nasdaq rally for sixth straight day as traders hope Fed’s rate-hiking cycle is nearly over: Live updates

[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 27, 2018. Eduardo Munoz | Reuters The Dow Jones Industrial Average on Thursday rallied more than 400 points and the S&P 500 touched a fresh 13-month high, as investors bet the Federal Reserve was close to done … Read more

Cramer says don’t be complacent ahead of Fed meeting: ‘I do not trust a benign market like this one.’

[ad_1] CNBC’s Jim Cramer told investors on Friday to be wary of the week ahead, even though the market’s been fairly calm amid expectations the Federal Reserve’s Wednesday meeting won’t conclude with a rate hike. “No surprise to regular viewers, I do not trust a benign market like this one,” Cramer said. “Too many things … Read more

S&P 500 slips after touching new 9-month high: Live updates

[ad_1] The S&P 500 dipped in late afternoon trading, erasing earlier gains that brought the benchmark index to trade at its highest level in nine months. The S&P lost 0.2%, while the Nasdaq Composite inched 0.1% lower. The Dow Jones Industrial Average dropped 165 points, or about 0.5%. The shift in the broad-based index came … Read more