The first trading week of President Donald Trump’s second term was positive for all three major averages, as investors cheered the incoming administration’s pro-business policies and corporate earnings largely came in stronger than expected. The S & P 500 and Nasdaq each rose about 1.7%, while the Dow climbed 2.2%. … Read more
Wall Street rediscovered its winning ways last week, thanks to some promising inflation data. Investors are now focusing on Donald Trump’s first week back in the White House and another bundle of earnings. It was no surprise to see relatively muted action last Monday and Tuesday, given markets were reeling … Read more
Wall Street investors believe that, at least in the short term, certain asset classes such as gold and bitcoin could be fated to mirror their performances from the first time Donald Trump took office in 2017. The sentiment around Trump’s pro-business second term has been largely bullish, with the broad … Read more
It’s really not as simple as saying good news on the economy was treated as bad news on Wall Street. Yes, the S & P 500 shed 1.5% Friday, after December payroll growth of 256,000 was 100,000 above forecasts and the unemployment rate fell a tick to 4.1%. But the … Read more
My top 10 things to watch Tuesday, Jan. 7 1. Wall Street was looking at a muted open Tuesday after the S & P 500 and the Nasdaq closed higher for a second straight session. Tech stocks, particularly chip names, drove the buying. Nvidia rose nearly 3.5% on Monday to … Read more
The bulls returned to Wall Street on Friday after a brief hiatus. In the week ahead, investors from all camps will focus on a series of labor market reports for clues on where the U.S. economy and stock market may go from here. The S & P 500 , Nasdaq … Read more
With a fair share of familiar obstacles and challenges ahead, 2025 will begin with a largely optimistic view for the U.S. economy. Elevated interest rates, potential weakening in the labor market and a likely volatile political climate on Capitol Hill are just some of the hurdles the nearly $30 trillion … Read more
People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024. Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of … Read more
Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images As Michael MacGillivray saw artificial intelligence becoming more ubiquitous in everyday life, the 25-year-old wanted his investments to … Read more
My top 10 things to watch Friday, Dec. 20 1. Wall Street was back in the soup Friday morning but trimming some losses on a cooler reading from the Federal Reserve’s favorite inflation measure. The S & P 500 and Nasdaq closed modestly lower Thursday for their third straight session. The … Read more
