Wall Street ended higher on Wednesday, continuing its tech-led rally and hitting a two-week high, as concerns about artificial intelligence disruption and costs took a back seat to renewed optimism about the emerging technology’s potential benefits.All three major U.S. stock indexes advanced, with the chip-powered Nasdaq posting the biggest percentage gain as markets came to […]
The Dow Jones Industrial Average crossed the 50,000-point mark for the first time on Friday, marking a historic milestone for the 128-year-old blue-chip index as a powerful rally in industrials, financials and select technology stocks helped Wall Street recover from a tech-led sell-off earlier this week.The Dow Jones rose 1,206.95 points, or 2.47%, to close […]
The Dow Jones rose above 50,000 for the first time on Friday, shaking off concerns about artificial intelligence companies as traders focused on the prospects for US growth and interest rate cuts by the Federal Reserve.The index, the oldest of the three major U.S. stock indexes, reached historic levels shortly before 1930 GMT, fell just […]
The Dow Jones Industrial Average ended lower on Friday, while the S&P 500 ended largely unchanged as investor risk appetite waned at the end of a turbulent week as Intel fell on a gloomy outlook. All three Wall Street benchmarks recovered in the past two sessions after Tuesday’s sharp sell-off triggered by US President Donald […]
NEW YORK: US stocks rose on Thursday after two days of declines as shares of Morgan Stanley and Goldman Sachs soared after positive quarterly results, while blockbuster results from Taiwan-based chipmaker TSMC boosted shares of US chipmakers. Goldman Sachs and Morgan Stanley both reported a rise in quarterly profit, helped by a wave of dealmaking. […]
The S&P 500 and the Dow Jones hit record highs on Monday, with shares of technology companies and retailer Walmart rising and investors largely brushing aside concerns about the Justice Department’s criminal investigation into Federal Reserve Chairman Jerome Powell. Shares of Walmart rose 3%, boosting the S&P 500 and the Nasdaq, where the retail giant […]
Wall Street ended higher on Tuesday as chip stocks rose on renewed AI optimism, Moderna rebounded and the Dow Jones Industrial Average hit a record high. Moderna jumped after BofA Global Research raised its price target for the drugmaker, lifting the S&P 500 healthcare index. Memory and storage technology stocks rose after Nvidia CEO Jensen […]
The Dow and S&P 500 indexes ended higher on Friday starting in 2026, snapping a four-day losing streak, helped by gains at chip makers Nvidia, Intel and Boeing In 2025, the Dow Jones, S&P 500 and Nasdaq all posted double-digit gains, their third straight year in the green, a run last seen in the 2019-2021 […]
The S&P 500 and the Dow Jones hit record highs on Thursday as investors favored financial stocks after a Federal Reserve policy update that was less aggressive than expected, while the tech-heavy Nasdaq Composite underperformed as Oracle’s financial update made investors wary of bets on artificial intelligence. Shares of Oracle tumbled after the company’s quarterly […]
U.S. stocks closed around unchanged levels on Thursday as investors weighed a labor market report and other economic data, while stocks were supported by heightened hopes for a Federal Reserve rate cut next week. A 1.4% decline in Amazon.com shares weighed on the S&P 500, limiting its advance.With the November payrolls report scheduled after the […]