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Stocks rose Friday as data revealed that American consumers have lowered their inflation expectations, boosting optimism about potential Federal Reserve rate cuts this year.
Goldman Sachs economists now predict the Federal Reserve will cut interest rates in September, rather than July. However, traders are now pricing in less than a 50% chance the central bank will cut rates at its September meeting, according to th...
Goldman Sachs economists now predict the Federal Reserve will cut interest rates in September, rather than July. However, traders are now pricing in less than a 50% chance the central bank will cut rates at its September meeting, according to th...
![Nasdaq Closes at Record High on Hopes for September Rate Cuts | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240521/1716235208623-63eacd5e02.png/thumb?area=999&is_public=true)
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Good afternoon. The market is awaiting $NVIDIA(NVDA.US$ earnings after the close today, and the market overall closed in decline after the FOMC meeting minutes were some members dared to speak the words "raise rates."
As a general recap, the market was lower Wednesday after fresh all-time highs. Shortly after 3 PM EST, the $S&P 500 Index traded 0.27% lower. The $Dow Jones Industrial Average fell about 0.51%, and the $Nasdaq Composite Index fell 0.18...
As a general recap, the market was lower Wednesday after fresh all-time highs. Shortly after 3 PM EST, the $S&P 500 Index traded 0.27% lower. The $Dow Jones Industrial Average fell about 0.51%, and the $Nasdaq Composite Index fell 0.18...
![Stocks Fall After Fed Minutes, Nvidia Posts Another Beat | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240521/1716235208623-63eacd5e02.png/thumb?area=999&is_public=true)
![Stocks Fall After Fed Minutes, Nvidia Posts Another Beat | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240524/1716496926534-07872a633b.png/thumb?area=999&is_public=true)
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The Nasdaq Composite and the S&P 500 closed up at record highs on Monday ahead of Nvidia earnings, the last of the "Magnificent Seven" companies to report earnings.
The tech-heavy $Nasdaq Composite Index(.IXIC.US$ gained 0.65% to reach an all-time intraday high and close at a record. The $S&P 500 Index(.SPX.US$ inched up 0.09%, a record high as well. The $Dow Jones Industrial Average(.DJI.US$ fell 196.82 p...
The tech-heavy $Nasdaq Composite Index(.IXIC.US$ gained 0.65% to reach an all-time intraday high and close at a record. The $S&P 500 Index(.SPX.US$ inched up 0.09%, a record high as well. The $Dow Jones Industrial Average(.DJI.US$ fell 196.82 p...
![S&P 500, Nasdaq Hit New Records Ahead of Nvidia's Earnings Wednesday | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240521/1716235208623-63eacd5e02.png/thumb?area=999&is_public=true)
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RECAP
Stocks ended essentially flat Monday as markets awaited inflation data due out later this week to get a better gauge on where the Federal Reserve might be heading on interest rates.
The $Dow Jones Industrial Average(.DJI.US$ shed 11.24 points (0.03%) to end at 38,892.8, while the $S&P 500 Index(.SPX.US$ gave up 1.95 ticks (0.04%) to a 5,202.39 finish. However, the $Nasdaq Composite Index(.IXIC.US$ added 5.43 po...
Stocks ended essentially flat Monday as markets awaited inflation data due out later this week to get a better gauge on where the Federal Reserve might be heading on interest rates.
The $Dow Jones Industrial Average(.DJI.US$ shed 11.24 points (0.03%) to end at 38,892.8, while the $S&P 500 Index(.SPX.US$ gave up 1.95 ticks (0.04%) to a 5,202.39 finish. However, the $Nasdaq Composite Index(.IXIC.US$ added 5.43 po...
![Wall Street Today | S&P 500, Dow Inch Up as Markets Await More Inflation Data](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240406/1712349274558-7ef46e0864.png/thumb?area=999&is_public=true)
![Wall Street Today | S&P 500, Dow Inch Up as Markets Await More Inflation Data](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240409/1712606530746-55a2ed3dba.png/thumb?area=999&is_public=true)
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MACRO
Traders on Edge Ahead of Critical Payrolls Report
Stocks and bonds have backed away from the worst of this week’s rout, though key data Friday threatens to upend the market again.
US equity benchmarks were erasing losses Thursday after the latest readout showed weekly unemployment claims holding near historical lows. The S&P 500 has been hovering above a key level that technical analysts warn could drive a steep...
Traders on Edge Ahead of Critical Payrolls Report
Stocks and bonds have backed away from the worst of this week’s rout, though key data Friday threatens to upend the market again.
US equity benchmarks were erasing losses Thursday after the latest readout showed weekly unemployment claims holding near historical lows. The S&P 500 has been hovering above a key level that technical analysts warn could drive a steep...
![Wall Street Today | US Jobless Claims Tick Up Slightly, Remain Historically Low](https://ussnsimg.moomoo.com/77777011/editor_image/52adc2d3ca7334cdb0cd20fdb1c69c92.jpg/thumb)
![Wall Street Today | US Jobless Claims Tick Up Slightly, Remain Historically Low](https://ussnsimg.moomoo.com/77777011/editor_image/a3e45682dd663f039d9b7636e34a2cb4.jpg/thumb)
![Wall Street Today | US Jobless Claims Tick Up Slightly, Remain Historically Low](https://ussnsimg.moomoo.com/77777011/editor_image/9830cb44f64e3763b20d6d1a339cff26.jpg/thumb)
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Spoiler: At the end of this post, there is a chance for you to win points!
Happy Friday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of this week! (Nano caps are excluded.)
Make Your Choices
💡Buzzing Stocks List & Mooers Comments
The S&P 500 fell Friday to close out its third straight weekly l...
Make Your Choices
💡Buzzing Stocks List & Mooers Comments
The S&P 500 fell Friday to close out its third straight weekly l...
![Weekly Buzz: S&P 500 closes lower, logging another weekly loss](https://ussnsimg.moomoo.com/77777000/editor_image/ca6b7f4e2aea3e04bce7c4c2e8100807.gif/thumb)
![Weekly Buzz: S&P 500 closes lower, logging another weekly loss](https://ussnsimg.moomoo.com/77777000/editor_image/a00e68868ef139a78117417c01c7878f.png/thumb)
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