Dow Jones Newswires Nokia Posts Forecast Beating Profit of $102 Billion Expects Another Year of Growth
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Dow Jones reaches 40,000 for first time
A strong labor market and cooling inflation fueled a spike in the Dow Jones industrial average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.CBS News - Top stories -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Dow Jones Industrial Average Tops 40000 for the First Time
The recession that so many economists anticipated has remained out of sight, giving investors hope that stocks can keep climbing.The Wall Street Journal - World -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
Denmark Raises Growth Forecast as Novo Expands Output
Yahoo News - World -
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - World -
China rolls out new measures to fix its property crisis, spur growth
Yahoo News - World - China -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.The Wall Street Journal - World -
Fever fall to Liberty 102-66 in Caitlin Clark’s home debut
Breanna Stewart ruined Caitlin Clark’s regular season home debut by scoring 31 points to lead the New York Liberty to a 102-66 win in front of a sellout crowd of 17,247 on Thursday night.NBC News - Top stories -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Dow passes 40,000 for first time
The Dow Jones Industrial Average eclipsed 40,000 points for the first time in its history Thursday as Wall Street cheered slowing inflation and potential for lower interest rates. The iconic stock index was up roughly 111 points shortly before 11 ...The Hill - Politics -
The Dow's road to 40,000 in one chart
The move comes as investors cheer the prospects of AI boosting corporate profits and the Federal Reserve possibly cutting rates later this year.CNBC - Business -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.CBS News - Top stories -
The Dow crosses 40,000 for the first time in history
The Dow is now up about 6% so far this year.ABC News - Top stories -
Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Trump vs. Biden: How the Dow's Performance Compares
The Dow Jones Industrial Average’s brief move above 40000 is welcome news to a president who is facing voter malaise over the economy.The Wall Street Journal - World - Donald Trump -
Dow Futures Edge Lower After 40000 Milestone
Stock futures edged lower after the Dow crossed 40000 for the first time in the previous session, while the S&P 500 and Nasdaq Composite both ended within striking distance of new records.The Wall Street Journal - World -
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - World -
The Dow just hit 40,000. Here's a look at how it got here.
The Dow Jones Industrial Average reached a milestone Thursday that seemed unfathomable a year ago.NBC News - Top stories -
Biden slams Trump as he touts record-high Dow crossing 40,000
President Joe Biden and Donald Trump are in the midst of a messaging fight over who has handled the economy better. The Dow hitting 40,000 could help Biden.CNBC - Business - Joe Biden -
What does the Dow's 40,000-point milestone say about the economy?
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss ...CBS News - Top stories -
Cramer says these 10 stocks helped the Dow briefly crack 40,000
CNBC's Jim Cramer listed ten stocks that helped the Dow Jones Industrial Average briefly top 40,000 on Thursday, a new high for the index.CNBC - Business -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Why Jim Cramer says Costco is the 'stock to buy off of' Walmart's big quarterly beat
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
'They beat our ass': Wolves' rout of champs sets up a monster Game 7
After a resilient Game 6, the NBA's marquee series is headed for what could be an instant classic between Minnesota and the champs.Yahoo Sports - Sports - NBA -
Rangers score four third-period goals to beat Hurricanes, 5-3, in Game 6 and advance to Eastern Conference Finals
Chris Kreider scored three goals in the third period as the resilient Rangers earned another comeback victory in beating the Carolina Hurricanes, 5-3, in Game 6 of their second-round series.Yahoo Sports - Sports -
Israel troops posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories - Israel -
Witness testimony expected to begin in Bob Menendez trial
Sen. Bob Menendez of New Jersey is accused of trading his influence and power to foreign governments.CBS News - Top stories -
U.S. Dollar Seen as Weakest G-10 Currency So Far In May
The DXY U.S. dollar index has weakened by 1.62% so far in May, making the dollar the weakest G-10 currency due to underwhelming labor market and inflation data,The Wall Street Journal - World -
Why we’re relaunching our guide to post-Brexit Britain
Upgrading state will take more than money; plus, businesses bewail new hostile environment for overseas graduatesFinancial Times - Business - United Kingdom -
'That was a lie!': Trump's lawyer gets heated during questioning of former fixer Michael Cohen
Michael Cohen will be back on the witness stand to continue facing off against Donald Trump's defense as the historic criminal case against the former president nears an end.NBC News - Top stories - Donald Trump -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Post-Brexit deal on border between Gibraltar and Spain remains unresolved
European Commission vice president, Maroš Šefčovič, cites progress on trade and economy for territory but not border checks. Talks on a post-Brexit deal to govern the border between Gibraltar and Spain have broken up without an agreement, although ...The Guardian - World