[ad_1] NEW YORK: Wall Street stocks shrugged off the latest Federal Reserve interest rate hike on Wednesday, finishing little-changed after a choppy session. The Dow Jones Industrial Average ended 0.2 percent higher at 35,520.12.The broad-based S&P 500 slipped less than 0.1 percent to 4,566.75, while the tech-rich Nasdaq composite Index dipped 0.1 percent to 14,127.28. … Read more
[ad_1] The Dow Jones Industrial Average rose Monday, headed for its longest winning streak since February 2017, to kick off a busy week of key earnings reports and a major policy decision from the Federal Reserve. The 30-stock Dow gained 187 points, or 0.54%, on track for an 11th straight day of gains. The S&P … Read more
[ad_1] A “Hollywood ending” for Herc has been postponed, according to Bank America. Analyst Sherif El-Sabbahy double-downgraded shares to underperform from buy, citing the near-term impact from the ongoing writers and actors strike in Hollywood. He also reduced his price target to $140 from $150, which implies a 1.6% pullback from Thursday’s close. Herc rents … Read more
[ad_1] Traders work on the floor of the New York Stock Exchange. NYSE Stocks were higher Monday as Wall Street braced for quarterly reports from some of the biggest companies in the world. The Dow Jones Industrial Average traded 60 points higher, or 0.2%. The S&P 500 climbed 0.2%, while the Nasdaq Composite advanced 0.4%. … Read more
[ad_1] Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, NE. David A. Grogan | CNBC Berkshire Hathaway Energy has agreed to purchase a 50% stake in the Cove Point liquefied natural gas facility for $3.3 billion in cash. Warren Buffett‘s big energy and utility division bought the stake from Dominion Energy … Read more
[ad_1] Investors may want to stick with what’s working in the market. ETF experts Todd Sohn and VettaFi’s Dave Nadig believe a second winning half is in store for technology and artificial intelligence plays. Sohn, Strategas’ ETF and technical strategist, particularly likes Roundhill Generative AI and Technology ETF (CHAT). “What I like about [CHAT] is … Read more
[ad_1] Wall Street was mixed on Monday and crude prices rose as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering concerns over the path of Federal Reserve monetary policy. The S&P 500 was modestly lower, while megacap momentum stocks pulled the tech-heavy Nasdaq to a sharper decline. The blue-chip Dow … Read more
[ad_1] A trader works on the floor of the New York Stock Exchange, May 22, 2023. Brendan McDermid | Reuters Stock futures were flat on Monday morning as Wall Street looked to see if the market rally could find more momentum in the final week of June. Futures tied to the Dow Jones Industrial Average … Read more
[ad_1] WASHINGTON: The S&P 500 and Nasdaq surged on Thursday to close at their highest in 14 months, as investors cheered economic data that fueled bets that the US Federal Reserve is nearing the end of its aggressive interest-rate hike campaign.Treasury yields slid after a slew of economic data pointed to easing inflation, helping offset … Read more
[ad_1] Last Updated: June 07, 2023, 02:32 IST New York, United States of America (USA) The broad-based S&P 500 gained 0.2 percent to 4,283.85, while the tech-rich Nasdaq Composite Index climbed 0.4 percent to 13,276.42. Shares of KeyCorp, Fifth Third Bancorp and Comerica all rose about five percent or more on Tuesday Wall Street stocks … Read more