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The Dow climbed 0.9% to log its seventh straight gain, its longest winning streak of the year. The S&P 500 and Nasdaq increased 0.5% and 0.3%, respectively.
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The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.The Wall Street Journal - World -
Nasdaq, S&P 500 Start Week Higher
Stocks rose, with technology shares leading the way higher once again.The Wall Street Journal - World -
One of Wall Street’s last remaining bears, Morgan Stanley, has finally capitulated. Here’s its new S&P 500 target.
Morgan Stanley’s Mike Wilson sees S&P 500 at 5,400 by second quarter of next yearMarketWatch - Business -
A massive earnings surge could lift the Dow to 60,000 and the S&P 500 to 8,000, says top Wall Street strategist
Yardeni Research’s chief investment strategist, Ed Yardeni, told clients in a note that the stock indexes could soar even higher thanks toMarketWatch - Business -
Ex-All-Pro RB Johnson retires after 8 NFL seasons
David Johnson, who amassed 6,876 yards from scrimmage and 58 touchdowns in eight seasons, announced his retirement from the NFL.ESPN - Sports - NFL -
Dow closes at record high above 40,000 to cinch a five-week winning streak
The Dow Jones Industrial Average closed Friday above the key 40,000 level for the first time in history, a day after hitting that benchmark in the previous trading session.NBC News - Top stories -
Deutsche Bank raises S&P 500 price target to 5,500
Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.MarketWatch - Business -
Don’t get swept away by ‘S&P 500 envy’ as stocks shatter records and bonds lag
Here’s how to remind yourself that diversification still matters in the long runMarketWatch - Business -
Britain will face defense challenges no matter who wins its upcoming election
Regardless of which party forms the next British government, it will find that actually restoring the country’s defense posture will take more than promises made during the election season.The Hill - Politics - United Kingdom -
Facebook Parent's Plan to Win AI Race: Give Its Tech Away Free
Meta Platforms CEO Mark Zuckerberg has trained his “Eye of Sauron” on its artificial-intelligence strategy, which comes with risks.The Wall Street Journal - Tech - Facebook
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