Stocks ended mostly higher Thursday, with the Dow Jones Industrial Average DJIA, +0.85% and the S&P 500 SPX, +0.23% each posting a record close after Federal Reserve Chairman Jerome Powell boosted investor expectations for a rate cut at the end of the month. The Nasdaq Composite COMP, -0.
08% which posted a record close Wednesday, took a breather to finish around 6 points lower near 8,196, according to preliminary figures, a 0.1% decline. The Dow advanced around 228 points, or 0.8%, to finish near 27,088, while the S&P 500 rose nearly 7 basis points to end just shy of the 3,000 mark.
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Dow, S&P 500 look to set new records after Powell boosts expectations for Fed rate cutStocks rise Thursday, attempting to build on gains scored a day earlier after Federal Reserve Chairman Jerome Powell reinforced expectations for a rate cut... Central banks are welfare for the rich.
Source: MarketWatch - 🏆 3. / 97 Read more »
S&P 500 ekes out gain as earnings worries loomThe S&P 500 ended slightly higher on Tuesday as gains in tech-related shares off... 💵 they are really both playing fortnite and just got pwnt
Source: Reuters - 🏆 2. / 97 Read more »
These S&P 500 sectors show this bull market has more to runSectors that typically lag prior to market tops are holding up well, writes Mark Hulbert.
Source: MarketWatch - 🏆 3. / 97 Read more »
Banks should shine among S&P 500 stocks this earnings seasonGet ready, investors: Large U.S. banks are in the best shape they have been in for 30 years, this head of value equity says
Source: MarketWatch - 🏆 3. / 97 Read more »
S&P 500 hits round-number milestone at 3000 for the first time in historyThe S&P 500 intraday Wednesday surged above a closely watched milestone at 3,000 for the first time ever as investors were heartened by prepared remarks... And a Russian submarine is emitting radiation at extraordinary levels into the ocean, it’s all good 💰 Pity that the economy doesn't warrant such a heady market evaluation by the speculators. Those investors with shares to sell couldn't believe their luck to be able to sell into this market this morning, I bet.
Source: MarketWatch - 🏆 3. / 97 Read more »