The tech-heavy Nasdaq Composite increased by 68.86 points, representing a 0.3% rise, concluding the session at 22,660.01. The S&P 500 increased by 27.25 points, representing a 0.4% rise, concluding the session at 6,688.46. Seven of the 11 broad sectors of the benchmark index finished the day with gains. The Health Care Select Sector SPDR advanced Read More
The Nasdaq Composite, characterized by its technology focus, increased by 107.09 points, representing a 0.5% rise, concluding at 22,591.15. The S&P 500 increased by 17.51 points, representing a 0.3% rise, concluding the session at 6,661.21. Ten of the 11 broad sectors of the benchmark index finished the day with gains. The Technology Select Sector SPDR Read More
The tech-heavy Nasdaq Composite increased by 99.37 points, representing a 0.4% rise, to finish at 22,484.07. On Friday, market experienced a positive close, buoyed by gains in the utilities and discretionary sectors. The inflation figures published on that day aligned with forecasts, reinforcing the belief that additional rate reductions could occur in 2025. All three Read More
According to analysts, the surge in expenditure on artificial intelligence by large technology firms is indeed influencing the U.S. economy; however, they contend that this effect has been “more muted than often cited.” Prominent companies like Meta, Amazon, and Microsoft have initiated substantial investment strategies focused on AI models and the supporting infrastructure, aiming to Read More
Nasdaq saw a drop of 0.5%, which equates to a loss of 33.25 points, finishing at 6,604.72 points. Stocks in the healthcare, consumer discretionary, materials, and utility sectors showed the least strength. The Health Care Select Sector SPDR experienced a decline of 1.7%. The Consumer Discretionary Select Sector SPDR experienced a decline of 1.4%. The Read More
On Wednesday, the Nasdaq experienced a decline for the second consecutive day as market participants persisted in realizing profits, especially within the technology sector. The Fed Chairman’s comment also negatively impacted investor sentiment. Investors expressed apprehension regarding the significantly inflated valuations of technology giants concentrated on artificial intelligence. All three major stock indexes concluded the Read More
Nasdaq Futures experienced a decline on Tuesday following a volatile trading session. The tech-heavy Nasdaq Composite concluded at 22,573.47, declining by 1% or 215.50 points, influenced by the underwhelming performance of major technology firms. Market participants realized gains following three successive days of record-high closures of major indexes. Moreover, the Fed Chairman’s comment negatively impacted Read More
Nasdaq futures achieved a record high on Monday, marking the continuation of a three-day upward trend. The tech-heavy Nasdaq Composite concluded at 22,788.98, reflecting an increase of 0.7% or 157.50 points, propelled by the robust performance of major technology players. This represented a new closing high for the index. At the intraday peak, the technology-focused Read More
Nasdaq Futures concluded the week at unprecedented levels on Friday, buoyed by the Federal Reserve’s rate cut enacted the previous week and signals suggesting additional policy easing ahead. Recent advancements in U.S.-China trade negotiations have positively influenced investor sentiment. The tech-heavy Nasdaq Composite concluded at 22,631.48, reflecting an increase of 0.7% or 160.75 points, propelled Read More
Analysts state that the Federal Reserve’s choice to lower interest rates and indicate further cuts does not represent a “policy error in the dovish direction,” despite what some observers have suggested. The bank informed clients that the Fed’s inflation predictions are “reasonable,” and noted that Fed Chair Jerome Powell’s remarks did not suggest a quick Read More
