Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 14, 2024. Brendan McDermid | Reuters Stock futures were flat Tuesday as the market rally took another breather, with investors looking ahead to key data slated for release later this week. Futures tied to the S&P 500 … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on February 23, 2024 in New York City. Michael M. Santiago | Getty Images Stocks were flat Monday after key stock benchmarks reached record highs and investors awaited inflation data slated for release later this week. The Dow Jones Industrial Average … Read more
Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City. Michael M. Santiago | Getty Images Wall Street’s blue-chip index is getting a shakeup this week that will make its roster look more modern and potentially help reverse its recent underperformance. On Monday, … Read more
The Dow Jones Industrial Average could get a boost after online giant Amazon joins its ranks. Since 1896, the blue-chip index has made few changes to its 30-stock lineup, having altered its constituents about 60 times in its roughly 128-year history. But a slew of changes is coming next Monday. The Dow is adding Amazon, … Read more
Check out the companies making headlines in midday trading. Nvidia â Nvidia fell 2% during midday trading and built on Tuesday’s more than 4% loss ahead of its quarterly print after the bell. Investors will be closely watching the chipmaker’s results for insights into how long its massive growth cycle can go. SolarEdge Technologies â … Read more
Amazon CEO Andy Jassy speaks with CNBC’s Jon Fortt. CNBC Amazon will replace Walgreens Boots Alliance in the Dow Jones Industrial Average, according to a Tuesday announcement from S&P Dow Jones Indices, which manages the price-weighted measurement of 30 stocks. Amazon shares moved up 1% in extended trading, and Walgreens stock moved 3% lower. The … Read more
U.S. Treasury yields nudged slightly higher on Tuesday morning, as market participants await the release of key economic data points later in the week. Near 2:25 a.m. ET, the yield on the benchmark 10-year Treasury note was around 1.7 basis points higher at 4.1109% while the yield on the 30-year Treasury bond was up just … Read more
As the old Wall Street adage goes, health care tends to underperform the stock market in presidential election years — and in recent cycles, that’s been true. But, there’s reason to believe this year that many health-related stocks, led by Eli Lilly , could defy historical convention. The S & P 500 Health Care Sector … Read more
We don’t know what we want. This week, we will find out what it is that will propel us forward or turn us back after the S & P 500 on Friday closed at a new record high for the first time in more than two years. For example, we have three rails that report … Read more
Health care may be a real challenger to tech this year, a business that can actually grow faster than most of tech and has the possibility of a comeback from the Covid straitjacket that so many of these companies got caught up in. The pandemic obscured so much of the growth as Abbott Labs , … Read more
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