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Tag: Wall Street

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
SPRINGFIELD, VA - AUGUST 14: The sign of a Target store is displayed August 14, 2003 in Springfield, VA. Target Corp. reported a 4 percent increase in second-quarter profits. (Photo by Alex Wong/Getty Images)

Target Reports Largest Earnings Miss In 2 Years

Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand. 

Read More Target Reports Largest Earnings Miss In 2 Years
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
A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Nvidia surpasses $3.6 trillion market value after Trump win

Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion.

Read More Nvidia surpasses $3.6 trillion market value after Trump win

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