Tech drove the market to its 56th record high for 2024, as AI leaders, Salesforce reported higher uptake of AI agents, giving investors confidence that companies will start to monetize the new technology
The Nasdaq and S&P500 just scraped in record highs, ahead of a speech from Federal Reserve Chairman Jerome Powell and monthly jobs data due later this week.
Tech stocks led the market higher overnight underpinned by an intel-led rise in chip stocks and an ongoing rally in Tesla.
US Markets closed at a record high holiday-shortened trading session Friday, wrapping up its best month of 2024.
Stocks drifted lower on light volume overnight, as stronger inflation data made investors cautious ahead of the Thanksgiving holiday.
The S&P 500 and Dow closed at a record highs Tuesday, as investors assessed President-elect Donald Trump’s threat to impose higher import tariffs on China, Canada and Mexico.
US indexes gained ground, with the S&P 500 and the Dow touching record highs as investors were encouraged by Donald Trump’s pick for the top economic job.
Wall Street closed higher on Friday, with the small-cap Russell the best performer as investors took comfort from data pointing to robust economic activity in the world’s biggest economy.
Stocks ground higher overnight led by cyclical stocks including financials and industrials boosting the broader market at a time when tech lagged as Google slumped on regulatory concerns.
Stocks finished the day session mixed ignoring a slump in Target and caution in tech ahead of Nvidia’s quarterly earnings which beat the analysts expectations, but disappointed investors
Stocks climbed overnight, despite an escalation from Russia by lowering the Kremlin’s threshold to authorise a nuclear strike. The rally was led by a jump in technology shares as investors eagerly awaited results this week from Nvidia
