U.S. equity funds drew inflows for a third consecutive week with investors clinging to hopes of rate cuts this year.
Read More US equity funds attract inflows for third week in a rowTag: S&P 500
Nvidia races to $2 trillion mark as AI mania sparks Wall St tech rally
Nvidia galloped to $2 trillion market value after the bellwether for AI chip demand once again exceeded Wall Street’s sky-high expectations.
Read More Nvidia races to $2 trillion mark as AI mania sparks Wall St tech rallyAI frenzy puts Nvidia briefly ahead of Amazon in market value
Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday.
Read More AI frenzy puts Nvidia briefly ahead of Amazon in market valueWall Street ends down as US retail sales data crimps rate cut bets
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
Read More Wall Street ends down as US retail sales data crimps rate cut betsApple hits seven-week low after Barclays downgrade
Apple fell nearly 3% to a seven-week low after Barclays downgraded the shares on concerns demand for its devices will remain weak in 2024.
Read More Apple hits seven-week low after Barclays downgradeWall St kicks off 2024 on a dull note as yields rise, Apple dips
U.S. stocks fell on the first trading day of 2024 after investors tempered expectations around interest-rate cuts this year.
Read More Wall St kicks off 2024 on a dull note as yields rise, Apple dips