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Big Tech Companies Unplug Stock Market From Reality
By James Mackintosh Big Tech stocks aren't just dominating the market. They're also hiding just how scared investors are that the Federal Reserve will keep rates higher for longer. The average stock
Apple's stock price has turned positive since the beginning of the year, and investors' main concerns have been alleviated.
After the close on Monday, Apple's stock price returned to the growth range this year, becoming the latest sign of improving confidence among investors. The stock rose 0.9% on Monday, continuing to rise for the sixth consecutive trading day and up 0.8% since 2024. Apple's stock price rose by about 13% in May, the largest single-month increase since July 2022. Although Apple's performance still lags behind other large-cap tech stocks, its previous year-to-date decline of as much as 14% was reversed by this round of gains, and the company once again returned to the vicinity of a market cap of 3 trillion USD, a level not seen since January. The Nasdaq 100 Index has risen this year.
Steady financial situation for blue-chip companies in the United States! Bank of America: high leverage but decreasing debt costs.
According to data from Bank of America, the cost of borrowing for US companies in the investment-grade bond market has decreased due to a series of rating upgrades, accelerated profit growth, and increased profit margins.
Stocks Fell Monday, After Technical pricing Issues Fixed | Market Story
As a general recap, indexes were cautious and flatter on Friday. Just after 10:45 AM EST, the $S&P 500 Index traded +0.03%, the $Dow Jones Industrial Average fell 0.36%, and the $Nasdaq Composite Inde
Dow Slips Amid Weak Manufacturing Data While Nvidia Buoys Nasdaq, S&P 500
US stocks were mixed, with the
Oil Prices Fall As Markets Digest OPEC+ Production Cut Extension
1105 ET - Crude prices plunge around 3% as investors seem to see signs of imminent oil oversupply after OPEC+ decision to extend production cuts while signaling that it will phase out the curbs later