The S&P 500 and Nasdaq climbed to new record highs after Microsoft’s blockbuster earnings and investor confidence in artificial intelligence.
Read More Wall Street jumps as Microsoft enters $4 trillion club after resultsTag: Nasdaq
S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week
The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a week packed with megacap earnings.
Read More S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal weekS&P 500, Nasdaq near record highs as rate-cut bets creep up
Traders now price in a nearly 25% chance of the Fed cutting rates in July, compared with 12.5% last week, according to CME Group’s FedWatch tool.
Read More S&P 500, Nasdaq near record highs as rate-cut bets creep upHedge Fund Manager Bill Ackman: Trump’s 90-Day Tariff Pause Was ‘Brilliantly Executed’
President Donald Trump’s surprise decision to impose a 90-day halt on reciprocal tariffs against foreign trading partners, excluding China, was hailed by billionaire hedge fund investor Bill Ackman on Wednesday.
Read More Hedge Fund Manager Bill Ackman: Trump’s 90-Day Tariff Pause Was ‘Brilliantly Executed’Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff Reversal
U.S. stocks jumped significantly on Wednesday after President Donald Trump announced a 90-day delay in tariffs for countries that hadn’t imposed reciprocal tariffs.
Read More Wall Street Posts Biggest Single-Day Gain Since 2008 Following Trump’s Surprise Tariff ReversalMusk Advocates For ‘Zero Tariff Situation’ Between Europe And US
Trump advisor Elon Musk advocated for free trade between the United States and Europe in hopes that both sides can eliminate the need for tariffs while growing economic ties.
Read More Musk Advocates For ‘Zero Tariff Situation’ Between Europe And US
