Market Snapshot: S&P 500 rallies to close at nearly 2 month high, Nasdaq advances 1.8% as investors digest GDP report, earnings
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Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
How active ETFs could help investors navigate recent wild swings in the stock market
Signs of improving market breadth, beyond the tech giants, creates opportunities for the new wave of active exchange-traded funds.MarketWatch - Business -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
I earn $120,000 a year and have $165,000 in savings. How do I invest in this high-interest-rate environment?
“My husband and I would like to provide our new baby with the best life we can.”MarketWatch - Business -
Nintendo Switch 2 Might Be Using Magnetic Joy-Con Controllers - Report
The Nintendo Switch successor is reportedly using magnetic Joy-Con controllers, and the Joy-Con controllers currently used with the Switch might not be backwards compatible with it.. According to a report from Spanish outlet Vandal (translated by ...GameSpot - Tech -
The most jam-packed earnings week for the quarter lies ahead, led by these two market bellwethers
This week, 175 companies in the S&P 500 index report quarterly results, making it the busiest for the U.S. earnings reporting season overall.MarketWatch - Business -
Treasury yields slip from 2024 highs after Fed’s favored inflation gauge meets expectations
Long-term Treasury yields finished off their highest levels of the year on Friday after the Federal Reserve’s preferred inflation gauge matched expectations, but they still notched their fourth straight week of advances.MarketWatch - Business -
MacKinnon, Nichushkin lead 5-goal outburst in 3rd period, Avs rally for 6-2 win over Jets in Game 3
Nathan MacKinnon and Valeri Nichushkin scored on the power play during a five-goal, third-period outburst and the Colorado Avalanche rallied for a 6-2 victory over the Winnipeg Jets in Game 3ABC News - Sports - NHL -
Xander Bogaerts has season-high 3 hits, Padres beat Rockies 5-2
Xander Bogaerts had a season-high three hits, Matt Waldron gave up one run in six innings and the San Diego Padres beat the Colorado Rockies 5-2 on Wednesday nightABC News - Sports - MLB -
Brandon Pfaadt strikes out career-high 11, Diamondbacks beat Mariners 3-2
Brandon Pfaadt had a career-high 11 strikeouts, Ketel Marte broke a tie with an RBI double in the eighth inning, Christian Walker homered and the Arizona Diamondbacks beat the Seattle Mariners 3-2 on SundayABC News - Sports - MLB -
Comcast beats earnings estimates even as it sheds more broadband subscribers
Comcast beat first-quarter earnings expectations on Thursday.CNBC - Business -
12 portfolio companies report earnings in the week ahead. What we want to hear from each
All three major U.S. stock indexes rose this week. Earnings are once again poised drive the week ahead.CNBC - Business -
Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says
"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's Stéphane Boujnah said.CNBC - Business -
Alphabet joins the $2 trillion market-cap club — and could vault above Nvidia
The Google parent put “doomsday AI search share-loss fears” to bed with its latest earnings report.MarketWatch - Business -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Report: NBA investigating Nikola Jokić’s brother for allegedly punching fan after Nuggets’ Game 2 win over Lakers
Strahinja Jokić appeared to punch a fan shortly after the Nuggets' wild win over the Lakers on Monday night in Denver.Yahoo Sports - Sports - NBA -
76ers' Kelly Oubre Jr. crashed Lamborghini following Game 2 loss against Knicks, no injuries reported
The incident reportedly occurred around 1:45 a.m. on TuesdayCBS Sports - Sports -
More than 2 dozen reported tornadoes in 3 states amid outbreak in the Plains
The highest tornado threat exists from the Dallas region north to Des Moines, Iowa.ABC News - Top stories -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Meta Platforms reported record first-quarter revenue as the company's advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.
Meta Platforms reported record first-quarter revenue as the company’s advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.The Wall Street Journal - World -
A GDP Warning as Signs of Stagflation Appear
Slower growth and persistent inflation explain why voters feel glum about the economy.The Wall Street Journal - World -
Jet with 500 toy giraffe passengers takes flight
RAF Voyager, transporting 500 toys, takes off from Brize Norton to raise money for charity.BBC News - Top stories -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
Digested week: Trump’s McDonald’s bill is big, but its prices have ballooned | Emma Brockes
‘Coastal elites’ feel the pinch of fast-food price hikes too. Plus: Liz Truss bars Guardian journalists from book launch. Lol. Donald Trump’s appearance in criminal court on Monday has raised many questions, constitutional and otherwise, but on ...The Guardian - World -
Southwest closing operations at four airports
Southwest is closing operations at four airports because of delivery delays for Boeing airliners. The cutback comes as the airline reported a first-quarter loss of $231 million, and said it will also limit hiring and offer voluntary leave to ...The Hill - Politics -
Science is closing in on the frailties of old age
Research is finding ways to extend animal lifespans but regulators are still wary of treating ageing as a diseaseFinancial Times - Business -
Do the GDP and Dow Reflect American Well-Being?
Do the GDP and Dow Reflect American Well-Being?The Wall Street Journal - World -
American Leaders Need to Close the Cookie Jar
They seem to have forgotten how. Fortunately, readers have some suggestions.The Wall Street Journal - World -
Trump trial closes out first week of testimony
Ex-tabloid publisher David Pecker took the stand again Friday to detail the scheme he helped broker to suppress stories that could have hurt Donald Trump's 2016 campaign. Robert Costa has more.CBS News - Top stories - Donald Trump -
A Close Examination of the Most Infamous Public Toilet in America
We think of adding regulation as something liberals do and removing regulation as something conservatives do. But that is only part of the story.The New York Times - Top stories -
O'Sullivan closing in on Crucible quarter-final spot
Seven-time world champion Ronnie O'Sullivan makes a strong start to his last-16 match against Wales' Ryan Day.BBC News - Top stories -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - World -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - Top stories -
A Penthouse With a ‘Little Garden of Eden’ Is Listed at Nearly $5 Million
David Saint, a theater director and a producer of the 2021 film version of “West Side Story,” is selling his duplex with a wraparound terrace in the East Village.The New York Times - Lifestyle -
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.The Wall Street Journal - World - China -
Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime
In a new series by the CNBC personal finance team, we're delving into how climate change will impact your money.CNBC - Business - Climate -
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.The Wall Street Journal - Business - China -
A Penthouse With a ‘Little Garden of Eden’ Is Listed at Nearly $5 Million
David Saint, a theater director and a producer of the 2021 film version of “West Side Story,” is selling his duplex with a wraparound terrace in the East Village.The New York Times - Lifestyle -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Top stories - Israel -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Business - Israel