Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction.
Read More Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle
Wall Street’s main indexes were flat as investors stepped onto the sidelines ahead of the Federal Reserve’s highly anticipated first interest rate cut in more than four years.
Read More Wall St subdued as investors await Fed decision with bated breath
The S&P 500 and the Nasdaq rose on Tuesday as most megacap stocks gained, with focus now moving to key inflation data later this week.
Read More Nasdaq, S&P gain on megacap boost in lead up to inflation report
Apple’s new iPhone 16 failed to excite investors with long-expected AI features still in test mode even as an industry-first tri-fold phone from Huawei raised the stakes.
Read More Apple’s iPhone 16 faces rising challenges with AI delay and growing Huawei competition
Wall Street’s main indexes fell over 1% as investors assessed latest factory activity data.
Read More Wall St kicks off September on downbeat note at start of data-packed week
Investors used to Nvidia’s blockbuster results will be expecting even more from the artificial intelligence chip giant.
Read More Nvidia Q2 sales likely to double, even a slight miss may hurt shares