Nasdaq surges 2% as Big Tech leads rally after earnings
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US stocks bounced back on Friday as Alphabet and Microsoft earnings revived hopes for a sustained Big Tech-led rally, even as a reading on the Federal Reserve's preferred inflation gauge showed price pressures remain sticky. Learn more about your ad choices. Visit megaphone.fm/adchoices
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US stocks finished close to where they started Tuesday but largely built on a string of gains amid growing hopes for rate cuts later this year. Meanwhile, investors soured on Disney's earnings, sending the stock down sharply. Learn more about your ad choices. Visit megaphone.fm/adchoices
Published 05/08/24
Published 05/08/24
Stocks closed near session highs Monday, as the S&P 500 (^GSPC) notched its best three-day run in a rip-roaring 2024. Wall Street continued to build on an end-of-week surge precipitated by a softer-than-expected jobs report that helped spur bets toward an earlier rate cut from the Federal...
Published 05/07/24