The S&P 500 and the Dow touched over one-week highs after data showed a still robust economy, while small-cap stocks outperformed large-cap indexes.
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Tag: communication services
Wall St edges higher after inflation data keeps Fed rate-cut hopes intact
Wall Street’s main indexes inched higher on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to deliver another interest rate cut in December.
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Trump Collaborates with Elon Musk to Provide Starlink for Hurricane Helene Victims
Former President Donald Trump announced on Monday that he had spoken with tech mogul Elon Musk, coming to an agreement where the two will work together and collaborate by providing Starlink internet service to individuals impacted by Hurricane Helene who are in dire need of communication services.
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Nasdaq, S&P gain on megacap boost in lead up to inflation report
The S&P 500 and the Nasdaq rose on Tuesday as most megacap stocks gained, with focus now moving to key inflation data later this week.
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S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
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Echoes of dotcom bubble haunt AI-driven US stock market
A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago.
Read More Echoes of dotcom bubble haunt AI-driven US stock market