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Tag: S&P 500

Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2024. REUTERS/Brendan McDermid/File Photo

Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus

Wall Street’s main indexes climbed on Wednesday, while investors awaited comments from Federal Reserve Chair Jerome Powell later in the day.

Read More Tech rally drives S&P 500, Nasdaq to record highs; Powell comments in focus
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2024. REUTERS/Brendan McDermid

Wall St opens slightly lower ahead of data, Fed commentary

Wall Street opened a touch lower on Tuesday after the S&P 500 and the Nasdaq notched record high levels in the last session, with focus on a crucial jobs report later this week.

Read More Wall St opens slightly lower ahead of data, Fed commentary
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on November 26, 2024, in New York City. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)

Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’

The Dow Jones Industrial Average hit a new record high, topping 45,000 for the first time and making a run for its 47th record close, before falling on Wednesday afternoon. 

Read More Dow Hits 45K Before Falling as Wall Street Struggles Amid ‘Tech Stock Slump’
The Wall Street bull is seen in the financial district in New York, U.S., March 7, 2017. REUTERS/Brendan McDermid/File Photo

S&P 500, Dow touch over one-week highs after business activity data

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.

Read More S&P 500, Dow touch over one-week highs after business activity data
A staff member holds up a Nvidia Superchip at their headquarters in Taipei, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo

Nvidia’s options primed for $300-billion price swing after earnings

Options traders are primed for a nearly $300-billion swing in Nvidia’s market value following the chipmaker’s quarterly results on Wednesday.

Read More Nvidia’s options primed for $300-billion price swing after earnings
FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

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.

Read More Wall St edges higher after inflation data keeps Fed rate-cut hopes intact

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