Nasdaq Sp 500 Open Higher As Pce Inflation Hits 27
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S&P 500 Climbs With More Earnings in Focus
Stock indexes were climbing after last week’s not-too-hot jobs report, which boosted hopes of an interest-rate cut this year.The Wall Street Journal - World -
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World -
U.S. stocks rose ahead of another busy week of earnings reports, with the S&P 500, Nasdaq and Dow gaining 1%, 1.2% and 0.5%, respectively.
U.S. stocks rose ahead of another busy week of earnings reports, with the S&P 500, Nasdaq and Dow gaining 1%, 1.2% and 0.5%, respectively.The Wall Street Journal - World -
Renewed hope for rate cuts and a big day for tech shares boosted the Dow, S&P 500 and Nasdaq 1.2%, 1.3% and 2%, respectively, on Friday. All three major indexes rose for the week.
Renewed hope for rate cuts and a big day for tech shares boosted the Dow, S&P 500 and Nasdaq 1.2%, 1.3% and 2%, respectively, on Friday. All three major indexes rose for the week.The Wall Street Journal - World -
Comex Gold Settles 1% Higher
Front-month Comex gold for May delivery settled 1% higher on improved hopes for U.S. interest rate cuts after promising economic data on Friday.The Wall Street Journal - World -
Nasdaq finally ‘warming up’ to Canadian cannabis companies with U.S. exposure. Could American growers be next?
The Nasdaq stock exchange is “warming up” to the idea of continuing to list Canadian cannabis companies even if they have exposure to the U.S. market — and a U.S. cannabis company could be next, an analyst at Jefferies said.MarketWatch - Business -
OPEC+ Likely to Extend Output Curbs Beyond 2Q, JPMorgan Says
OPEC and its allies are likely to extend their voluntary production cuts beyond the second quarter at their upcoming meeting in June, according to JPMorgan.The Wall Street Journal - World -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
Hershey Boosted by Higher Prices and Sales Volumes
Consumers are still paying up for chocolate. Candy giant Hershey said sales rose 8.9% from year-ago levels, benefiting from both higher prices and volumes.The Wall Street Journal - World -
The bar is creeping higher for second-quarter earnings
One month through this year’s second quarter earnings season, analysts are getting cautiously more optimistic about corporate America’s profitability.MarketWatch - Business -
Higher rates boost bankers to troubled companies
Fee revenue is up at boutique firms as borrowing costs force more clients to restructureFinancial Times - Business -
Draymond reacts to Embiid's higher flagrant foul total in half the games
In 478 fewer total career NBA games, Joel Embiid has more flagrant fouls than Warriors star Draymond Green.Yahoo Sports - Sports -
Higher costs and cramped conditions: the impact of Europe’s housing crisis
Affording a home has become a political issue as rents and prices soar and supply plummets. Fix Europe’s housing crisis or risk fuelling the far-right, UN expert warns‘Everything’s just … on hold’: the Netherlands’ next-level housing crisisDecades ...The Guardian - World -
Wet weather and early Easter damp UK spring sales
Value of retail sales fell at an annual rate of 4% in April, after 3.5% growth in MarchFinancial Times - World - United Kingdom -
Manhattan mansion designed by architects of New York’s Gilded Age goes on sale
Elegant 22-bedroom property opposite Moma showcases the talents of McKim, Mead & WhiteFinancial Times - World -
The Premier League Salary Cap and the $500 Million Elephant in the Room
Clubs voted to push on with plans for a salary cap. Here’s how it could work.The New York Times - Sports -
S&P 500 Notches a Weekly Gain After Jobs Report
Stocks finished out the week on a strong note after a Goldilocks jobs report boosted hopes for a late-summer rate cut.The Wall Street Journal - World