Morning Bell 25 September
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Wall Street’s record rally run continued from Monday with the S&P500 up 0.25% to a fresh record, while the Dow Jones added 0.2% to a record close and the Nasdaq added 0.56%, led by AI market darling Nvidia rallying 4%. Investors shook off recent worrying economic data including US manufacturing PMI data hitting the lowest level in 15-months for August, and consumer confidence falling to 98.7 points for September, to extend the recent equity rally on the back of the Fed’s 50 basis point ra...
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Wall St closed higher on Friday with the Dow hitting a fresh record as investors shift from the high growth tech sectors to areas of the market that are more economically sensitive. The Dow Jones rose 0.97% on Friday to a record 44,296.51 points, the S&P500 added 0.35% and the Nasdaq ended...
Published 11/24/24
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Wall St closed mixed overnight as investors await AI giant Nvidia’s upcoming earnings report. The Dow Jones gained 0.32%, the S&P500 closed flat and the tech heavy Nasdaq fell 0.11%.Investors are awaiting results from Nvidia whose results could hold more significance than some key economic...
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