S&P 500 and Nasdaq fall as AI valuation concerns resurface; End of government shutdown in sight

The S&P 500 and Nasdaq fell on Tuesday as concerns about high technology valuations resurfaced, while markets closely watched progress toward the end of the longest government shutdown in U.S. history.Damping sentiment, a weekly update to ADP’s preliminary payroll figures showed that private employers cut an average of 11,250 jobs per week for the four […]

Dow Jones crashes by 400 points, S&P 500, Nasdaq plummets by 1% after major banks signal a relapse risk

Wall Street stocks fell early Tuesday as shares in technology names including Palantir retreated as investors digested a slew of earnings reports.The Dow Jones fell 436.01 points, or 0.92%, to 46,894.82; the S&P 500 fell 81.71 points, or 1.19%, to 6,767.31; and the Nasdaq fell 398.08 points, or 1.67%, to 23,422.70. Analysts pointed to “profit […]

Why smart investors are leaving Wall Street

The opinions of contributing entrepreneurs are their own. Key Takeaways The world’s bravest investors chase returns, culture and controlled chaos in private markets and alternative assets. Public markets are overcrowded, and the fringe now lives in the shadows: private credit agreements, cultural assets, digital rails and tangible scarcity. If you’re still playing the stock-and-bond shuffle, […]

US stocks soar to record highs as chilly inflation data fuels interest rate cuts

Wall Street hit record highs on Friday, buoyed by cooler inflation data that reinforced expectations of faster rate cuts from the Federal Reserve, while Intel’s upbeat earnings kept momentum alive in AI-related stocks. Softer-than-expected inflation for September reinforced expectations that the Fed will cut rates again next week. Traders brought forward their forecasts, now anticipating […]