nasdaq
Dow breaks 40,000 for first time ever as optimism for Fed rate cut grows
Wall Street is bullish over the prospect of interest rate cuts by the Fed as well as strong earnings reports by blue-chip companies.
Fed urges patience on rate cuts after key inflation index higher than expected
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose more than expected in April.
Tesla stock soars 12% after Elon Musk promises affordable EV
Musk's announcement was aimed at calming nervous investors on Wall Street who were still trying to digest the company's most recent earnings report.
Nvidia board members sell nearly $300M of AI chipmaker's surging stock
Longtime Nvidia board member Tench Coxe sold 200,000 shares on March 5 at $850.03 to $852.50, according to a regulatory filing.
Wall Street loses steam on last day of 2023 -- but indexes post double-digit annual gains
The year 2023 was marked by aggressive Fed rate hikes, which were finally halted in September, the US banking crisis in March and an artificial intelligence stocks boom.
Stocks hover near record highs as Fed rate cut optimism stokes 'Santa Claus rally'
“The last nine weeks of rip-your-face-off rally, one hundred percent of the credit to the Fed,” one analyst told The Post.
A-Rod’s SPAC plans $800M merger with satellite comms provider Lynk Global
Alex Rodriguez's blank-check firm announced plans to merge with satellite communications provider Lynk Global in a deal worth at least $800 million.
Shares of Better — mortgage firm that fired 900 workers via Zoom — tank 95% in debut
The company went public via a blank-check company merger just as mortgage rates have hit two-decade highs.
ESG is on its way out — now that investors have been forced to wise up
Investment managers are turning on Environmental, Social, and Corporate Governance investing.
Dow has best day of 2023, surging 700 points on strong jobs report, debt deal
The tech-heavy Nasdaq index touched its highest intraday level in over 13 months.
Credit Suisse stock plunges 25% amid fears of global banking contagion
The bank's shaky balance sheet has investors fearful that it may be in need of a government rescue
Dow plunges nearly 700 points as Walmart, Home Depot forecasts disappoint
Recent economic data has pointed to a resilient economy with inflation far from the Fed's 2% target, raising bets for two or three more 25 basis point increases.
Company that makes $555K flying motorbikes inspired by 'Star Wars' to go public
ALI Technologies, the maker of the XTURISMO hover board, is in the process of merging with Pono Capital Corp., a blank-check firm.
Dow falls as Wall Street ends mixed despite signs of easing inflation
Major indexes are coming off of their second straight month of gains.
Dow tumbles over 600 as tightly contested midterm races raise uncertainty
A split government, with a Democrat in the White House, has historically been favorable for stock markets.
Dow jumps over 300 points as Wall Street bets on red wave in midterms
Stocks rose for the third straight session on Tuesday as voting began in the crucial midterm election that will determine control of Congress.
Dow jumps 400 points but ends week with loss after October jobs report
The jobs report was a key focus area for markets after hawkish comments from Fed Chair Jerome Powell.
Dow slides 500 points in wild trading after Fed hikes rates again
Investors had been widely anticipating a 75-basis point rate hike, while hoping the Fed would signal a willingness to begin downsizing the rate hikes at its December meeting.
October surprise! Dow rallies more than 800 -- and 14% for the month -- ahead of Fed meeting
Amazon joined other Big Tech firms that have disappointed investors this week.
Stocks end week with a bang, with Dow soaring more than 700 points
Some Fed officials have begun sounding out their desire to slow down the pace of increases soon, according to a report.