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Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
US stocks surged on Friday with the Dow Jones rising 426 points amid risk-on trade momentum. Bitcoin neared $100,000, driving speculative asset interest alongside stock market gains.
Investors are also eyeing key employment data releases this week for further market direction. US stocks rose on Monday, with the Dow and S&P 500 closing at record highs as investors digested new ...
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
Indexes closed lower in the first trading day of the year on Thursday. The losses extend the market's losing streak to five days, putting the Santa Claus rally at risk. Apple stock dropped more ...
US stocks were up on Friday as the market headed for a weekly gain. The US dollar, meanwhile, surged to its highest since November 2022. Earnings season has nearly concluded with 77% of S&P 500 ...
Chip maker Marvell Technology also climbed 20% higher on the back of strong quarterly results, while Dollar Tree rose 2% after beating revenue and earnings expectations for the quarters.
Powell's remarks at the NYT's DealBook Summit bolstered confidence in the US economy. Investors upped their bets for another 25bp rate cut in December, per the CME FedWatch tool.