The U.S. stock market is drifting near its record levels following reactions to profit reports from Macy’s, Marvell Technologies and other companies. The S&P 500 added 0.4% Wednesday and climbed within 0.5% of its all-time high set in late October. The Dow Jones Industrial Average added 428 points, and the Nasdaq composite rose 0.2%. Treasury yields eased in the bond market following some mixed reports on the U.S. economy. One suggested hiring was much weaker in November than economists expected, while a second said growth for U.S. services businesses was better than expected.
The Enhanced Games is going public in two ways — with a new listing on the Nadsaq stock exchange and also by offering a direct-to-consumer business focused on performance products.
U.S. stocks are rising following updates on the economy that kept alive hopes for a coming cut to interest rates. The S&P 500 rose 0.7%, as 4 out of every 5 stocks within the index climbed. The Dow Jones Industrial Average rose 562 points, and the Nasdaq composite rose 0.4%. Nvidia weighed on the market after a report suggested Meta Platforms may spend billions on AI chips from Alphabet instead of it. Treasury yields eased after reports on U.S. retail sales and inflation kept traders betting on a good chance for a cut to interest rates in December.
Amid this year’s market turmoil,I’ve heard investors wonder if they should hit pause on 401(k) contributions until things settle down. Though this approach sounds tempting, it’s better to stick with your investment strategy instead of waiting for conditions to improve.
US stocks are drifting just below their all-time high as the wait continues to hear what will come of trade talks underway between the United States and China.
U.S. stocks drifted higher and pulled closer to their record as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the economy.
The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
