The S&P 500 and the Nasdaq hit intraday record highs after cooler-than-expected inflation data kept the U.S. central bank on track to cut borrowing costs this year.
Read More S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps
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 up
Nasdaq said it would open a regional headquarters in Texas, deepening its presence in a state that is fast emerging as a major financial hub rivaling New York.
Read More Nasdaq to open Texas headquarters as companies relocate to state
Karman Holdings was valued at nearly $4 billion after its shares rose 36.4% in NYSE debut, signaling strong investor appetite for defense and space companies.
Read More Karman Holdings valued at nearly $4 billion as shares jump in NYSE debut
President-elect Donald Trump rang the opening bell at the New York Stock Exchange Thursday vowing to make the American economy great again and showed praise for his wife, Melania, as a “great” and “popular” first lady.
Read More Trump Rings Opening Bell At NYSE With Melania And Daughters, Framed By Time ‘Person Of The Year’ Cover
A 30-year-old suspect has been arrested for allegedly planning a bomb attack at the New York Stock Exchange (NYSE) in Florida.
Read More Florida: Man Arrested After Being Accused Of Planning To Bomb N.Y. Stock Exchange