Market Snapshot Dow Surges 700 Points Friday S&p 500 Snaps Four Week Losing Streak after Employment Report Shows Wage Gains Cooled in December
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Dow Industrials, S&P 500 Dip to Start Week
Stocks were mostly lower as chip makers came under pressure, after a report that China plans to phase out U.S.-made microprocessors in government computers and servers.The Wall Street Journal - World -
U.S. Stocks Snap Losing Streak
U.S. stocks rallied following three days of losses as investors were looking for a soft landing for the economy ahead of expected rate cuts later this year.The Wall Street Journal - World -
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.
U.S. stocks rose, with the S&P 500 adding 0.9% to close at a record and the Dow and Nasdaq gaining 1.2% and 0.5%, respectively.The Wall Street Journal - World -
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.
U.S. stocks retreated for a second straight session, with the S&P 500 and Nasdaq both losing 0.3% and the Dow industrials falling 0.4%.The Wall Street Journal - World -
Wall Street revamps 2024 S&P 500 targets after record-setting stock-market rally
Wall Street analysts are playing catchup with the 2024 stock-market rally.MarketWatch - Business -
GE Vernova, Solventum to join S&P 500 index next week
Newly minted GE Vernova and Solventum Corp., both soon to be officially spun off from two industrial giants, are hitting it big early: They are joining the S&P 500 index next week.MarketWatch - Business -
Senators snap 3-game losing streak with 5-2 victory over Devils
Thomas Chabot and Mathieu Joseph each scored and had an assist to help the Ottawa Senators snap a three-game skid with a 5-2 victory over the New Jersey DevilsABC News - Sports - NHL -
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.
Major U.S. stock indexes declined, with the S&P 500, Nasdaq and Dow industrials retreating 0.3%, 0.4% and 0.1%, respectively.The Wall Street Journal - World -
RBC bumps up its S&P 500 target again, but sees gains increasingly hard to come by
RBC Capital Markets’ head of U.S. equity strategy, Lori Calvasina, has increased her year-end forecast from 5,150 to 5,300 for the index.MarketWatch - Business -
The S&P 500 gained 10% in the first quarter, its best start to a year since 2019, as the U.S. economy continues to defy expectations.
The S&P 500 gained 10% in the first quarter, its best start to a year since 2019, as the U.S. economy continues to defy expectations.The Wall Street Journal - World -
Stocks Finish Lower, Led by Nasdaq
U.S. stocks finished lower, with the S&P 500 creeping further from its recent record highs.The Wall Street Journal - World -
Stocks Advance to Break Losing Streak
The S&P 500 is little changed on the week but heading for a spectacular first quarter.The Wall Street Journal - World -
Nigeria accuses Binance of tax evasion as detained executive ‘escapes’ custody
West African country steps up scrutiny of world’s largest cryptocurrency exchangeFinancial Times - Business -
Amazon writes its largest venture cheque yet for AI start-up Anthropic
$2.75bn deal is the latest sign of Big Tech’s race to capitalise on the booming sectorFinancial Times - Business - Amazon -
The S&P 500 Clinches Best Start to Year Since 2019
Resilient corporate profits, enthusiasm around AI and hopes that the Fed will cut rates have given investors plenty of reasons to keep on buying.The Wall Street Journal - World -
These 5 portfolio stocks outran the market in Wall Street's strong week. Here's what fueled their gains
The Club's two chipmakers and its lone automaker were among the top-performing portfolio stocks this week.CNBC - Business -
Bleak images show snapshots of daily life in the closed world of North Korea
Yahoo News - World -
Is the stock market open on Good Friday?
The Treasury market closed early on Thursday, March 28MarketWatch - Business -
GameStop shares make biggest gain since December ahead of fourth-quarter results
GameStop’s stock ended Monday’s session up 15.4%, registering its largest daily percentage increase since Dec.13, 2023.MarketWatch - Business -
Big tech companies could drive the S&P 500 to 6,000 this year or crash it to 4,500, says Goldman Sachs
Goldman Sachs lays out a scenario for the S&P 500 to hit 6,000 by the end of the year thanks to Big Tech.MarketWatch - Business -
How has this $25 billion fund beaten the S&P 500? Patience — and preparing for ‘the next big thing’
Tech stocks have been on a wild ride over the past few years, but the Franklin DynaTech Fund has performed very well over long cycles. Here’s how it might get in early on another transformational business cycle.MarketWatch - Business -
Momentum stocks are outperforming S&P 500 by widest margin since 2008. Investors should be concerned.
Momentum stocks are coming off their best stretch of outperformance in years — since just before the financial crisis, in fact. That’s making some investors nervous.MarketWatch - Business -
The S&P 500 and Wall Street’s ‘fear gauge’ are both up in 2024. Should investors be worried?
Something unusual happened in the stock market this quarter: Both the S&P 500 and Cboe Volatility Index, better known as the Vix, rose.MarketWatch - Business -
S&P 500 Rises to New Record to Close Out Monster First Quarter
Benchmark index notches best start to year since 2019.The Wall Street Journal - World -
WATCH: Senior dog is adopted after more than 700 days in shelter
Velcro, a 10-year-old dog with arthritis and special needs, was matched with Jeanette Finch-Walton by Austin Pets Alive! "Velcro has adopted me, I didn't adopt him," Finch-Walton said.ABC News - Top stories -
Treasury yields end at 2-week lows ahead of Friday’s inflation data
Yields on U.S. government debt finished slightly lower on Wednesday, with traders wary of taking bold positions ahead of Friday’s PCE inflation data.MarketWatch - Business -
Good Friday’s PCE data brings crucial inflation reading — but markets are closed
Stock-market investors get a key piece of economic data on Good Friday, but won’t be able to trade on it.MarketWatch - Business -
2 major market themes that could make or break stocks after this week's rally
Wall Street largely stumbled on Friday but still managed to post strong weekly gains.CNBC - Business -
Dow Industrials Remain Just Below 40000 Milestone
The S&P 500, Dow and Nasdaq struggled for direction, after advancing yesterday.The Wall Street Journal - World -
Peacock Gets NFL's Opening Week Friday Game Exclusively
The game in Brazil is part of the league’s effort to expand its international presence and have more games not played on Sunday afternoons.The Wall Street Journal - World - NFL -
The lowest-paid U.S. workers are seeing their wages surge faster than any other group of earners
The trend is “a notable reversal of fortune” for some of the country’s lowest-earning workers, researchers said — but the gains might still fall short.MarketWatch - Business -
Rantanen scores twice, MacKinnon extends home points streak as Avalanche beat Blue Jackets 6-1
Mikko Rantanen had two goals and an assist, Nathan MacKinnon extended his home points streak to 33 games with a third-period score and the Colorado Avalanche routed the Columbus Blue Jackets 6-1ABC News - Sports - NHL -
Small Businesses Worry About Losing a Vital Marketing Channel If TikTok is Banned
Big Brands are less reliant on the app than small entrepreneurs, whose videos have helped many boom.Inc. - Business - Tiktok -
Masimo’s stock gains on report of activist campaign, disclosure of spinoff plan
Masimo Corp.’s stock was up by nearly 4% on Monday after Politan Capital Management said it plans to nominate two more members to the patient-monitoring-technology company’s board.MarketWatch - Business -
Over 500 dengue fever cases reported in US territory
"This year, dengue cases have exceeded historical figures," Dr. Carlos Mellado López, the secretary of the Puerto Rico Department of Health, said in a statement.ABC News - Top stories -
Chinese EV makers challenging market leaders at auto show in Bangkok
Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor ShowABC News - Tech -
Jobless claims fall slightly to 210,000, underscoring strong labor market
The number of Americans who applied for unemployment benefits last week fell slightly to 210,000 and continued to hover at very low levels in a sign of strength for the economy.MarketWatch - Business -
UK property market shows hard-learned lessons on leverage
UK offers hope of a softer landing for real estate sector than in the US or EuropeFinancial Times - World - United Kingdom -
Seoul Bus Drivers End Strike After Reaching Wage Deal
Yahoo News - World -
U.S. Natural Gas Futures Post Big First-Quarter Losses
U.S. natural gas futures settled higher on a slightly bigger-than-expected 36 Bcf storage draw for last week, but end the first quarter down sharply.The Wall Street Journal - World