Vanguard Says US Tech 'Euphoria' Can Break One or Two Ways
Joe Davis, chief economist and global head of investment strategy at Vanguard, says the valuation gap between tech and other stocks will narrow in the coming years. "I think we can see some modest deceleration in the tech sector, at some point it has to come," Davis says on Bloomberg Television. "But if the economy holds up, I think other parts of the market could catch up and I think that would be good news."
No Stopping S&P 500's Record Rally as Nvidia Beats Microsoft| Wall Street Today
There's no stopping the S&P 500's record rally. As usual, the benchmark got a boost from Nvidia, which bumped off Microsoft as the world's most valuable company.
S&P 500 Notches Fresh Record as Nvidia Unseats Microsoft as Top Stock
The S&P 500 notched another intra-day record, as semiconductors continued to hog the limelight, with Nvidia bumping off Microsoft as the world's most valuable company.
Fed Watch: FOMC Officials Reiterate Patience, Data Dependence, Before Cutting Rates
Fed Governor Adriana Kugler (voter) said that it is possible that the FOMC could cut rates later in 2024 but said that currently inflation is too high and that further evidence that the recent improve
Fed's Kugler Sees Rate Cut This Year and Says Economy Is 'Moving in Right Direction'
Federal Reserve Gov. Adriana Kugler on Tuesday said "it will likely become appropriate" to cut U.S. interest rates later this year if the economy continues to slow and inflation wanes as she expects.
Fed's Kugler Offers Four Reasons for Hope on Inflation -- WSJ
By Nick Timiraos Federal Reserve governor Adriana Kugler said she continued to anticipate it would be appropriate for the central bank to lower interest rates this year. Kugler offered four reasons
Fed's Collins Says Process of Lowering Inflation May Take Longer Than Expected
While recent inflation data has been "encouraging," the process of lowering inflation may take longer than expected, Boston Federal Reserve Bank President Susan Collins said Tuesday at the 2024 Annual
Nvidia executives cashed out more than $700 million! But unable to resist the long bull market of the most important stock on Earth.
Nvidia executives have reduced their shareholding by as much as USD 700 million since the beginning of this year, with more than one-third of the internal sales occurring after Nvidia's unparalleled performance announcement in May.
Apple, Microsoft Push S&P 500, Nasdaq to New Highs | Wall Street Today
The S&P 500 and Nasdaq resumed their rally to fresh all-time highs, buoyed by gains in tech giants Apple and Microsoft.
The Divergence Beneath the Surface of the S&P 500 Has Reached Historic Extremes
By Joseph Adinolfi The gap between the large-cap index and its equal-weighted sibling reached a notable milestone last week As Big Tech stocks pushed higher last week while the rest of the market la
S&P 500, Nasdaq Reach New Records, Buoyed by Apple, Microsoft
The S&P 500 and Nasdaq resumed their rally to fresh all-time highs, buoyed by gains in tech giants Apple and Microsoft.
Manufacturing Outlook in New York State at Highest Since 2022, Fed Data Shows
Companies across the state of New York are becoming more optimistic about their outlook, even as manufacturing stayed in contraction in June, according to the Empire State Manufacturing Survey released Monday morning.
Lagging US Small Caps Show Cracks Are Forming Beneath the Rally
US small cap stocks have underperformed larger peers as the Russell 2000 index diverged from the S&P 500 so far this month, reflecting growing concerns about the US economy as inflation remains sticky and the Fed keeps rates high. Bloomberg MLIV's Nour Al Ali joins "Bloomberg Markets Today" to discuss these themes.
S&P 500 Poised To Extend Bull Run? Market Strategist Sees 'AI Fervor' And Ebbing Inflation Pushing Valuation Toward Dot-com Peak
The stock market has carried forward the momentum seen in 2023, and optimism regarding another stellar abounds on the Street. A market strategist on Sunday hiked the year-end price target for the S&P
S&P 500 Finally Pulls Back, Nasdaq Hits Fifth Closing High | Market Story
The S&P 500 and Nasdaq hit all-time closing highs in the past four sessions, but today the market was overall lower.
Has the Pullback Finally Come? | Herd on Wall Street Podcast
Morning mooers! It is finally Friday, June 14th. The market may actually pull back today after the S&P 500 and Nasdaq hit closing highs for the past four sessions.
Consumer Sentiment Hits Seven-Month Low, Inflation Expectations Worsen
U.S. consumer sentiment fell to a seven-month low in June, as long-run inflation expectations rose, adding to signs of financial stress seen among lower-income households reeling from high prices.
S&P 500 and Nasdaq Hit Fourth Record Close | Wall Street Today
The market climbed Thursday, while the S&P 500 and Nasdaq closed at their fifth record closing highs in a row.
Market Advances and Holds High, PPI Shows Pullback Thursday
As a recap just past 10 AM EST, the $S&P 500 Index(.SPX.US)$ was climbing toward retaking yesterday's all-time high, up 0.12%. The $Dow Jones Industrial Average(.DJI.US)$ fell 0.66%, and the $Nasdaq C
The Federal Reserve is adrift! Hawkish decisions have sparked a major debate on Wall Street, significantly reducing expectations of an interest rate cut.
This article will explore experts' interpretation of the Federal Reserve's policy decisions and its potential impact on the stock market.