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Tech stocks led the market higher on Friday, partly driven by a blowout quarterly earnings report from Broadcom. The company's stock popped 24% to a $1 trillion valuation for the first time ever ...
Donald Trump rang the opening bell at the New York Stock Exchange on Thursday. One of Wall Street's biggest bulls sees the S&P 500 soaring 16% early next year before a sharp sell-off in the 2nd half
Tesla stock surged 7% to hit a $1 trillion market cap on Friday for the first time since April 2022. Traders betting against clean-energy stocks have made $1.3 billion since Trump's election win.
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
The 30-stock index outpaced its peers in November with a 7.5% surge, capped off by a 0.4% jump Friday that took it close to 44,910 points. For the year, it's up by a more modest 19.2%.
China's bond market seems skeptical that recent stimulus will be enough to revive its economy. US homes are turning over at the lowest rate in 30 years, according to data from Redfin.
All the major market averages finished higher for the week, with the S&P 500 gaining 2.5%, the Dow Jones Industrial average ending up 1.8% and the Nasdaq climbing north of 4%.
Stocks plummet Wednesday, following recent gains, as investors mull over a mixed verdict from the midterm election results, challenging expectations on who will control the U.S. House and Senate.