Key Takeaways S&P 500 hit 6,693.75, marking its 28th record close of the year and third straight all-time high.Microsoft, Analog Devices and Arista Networks are highlighted as strong S&P 500 investment choices.MSFT, ADI, and ANET show double-digit expected earnings growth and rising consensus estimates.The Wall Street rally resumed after a brief period of volatility as investors’ confidence got a boost after the Federal Reserve slashed interest rates last week and signaled more rate cuts this year. On Monda ...

Gold climbed to a fresh record, with traders weighing China’s plan to become a custodian of foreign sovereign gold reserves in a bid to strengthen its standing in the global bullion market. The People’s Bank of China is using the Shanghai Gold Exchange to court central banks in friendly countries to buy bullion and store it within the country’s borders, according to people familiar with the matter. The Asian nation is the world’s biggest producer and consumer of the precious metal, and the country taking ...

LIVE Dow Set to Open Up Ahead of Powell's Fed Speech Last Updated: Traders are pricing in a 73% chance that borrowing costs fall half a point by the end of 2025, according to the CME FedWatch tool. That likely implies further quarter-point cuts at the Fed's next two meetings, in October and December. The central bank lowered rates by a quarter of a point last week, although Powell described it as a "risk- management cut," which implies that policymakers will only carry on easing monetary policy if the labor ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Matt Miller today. Here to help take you through the closing bell with a global simulcast, we're joined right now by Carol Massar and Tim Stenovec in the radio booth.Katie greifeld has the day off. Welcome to our audiences across all of our bloomberg platforms, including our partnership with YouTube. A third straight session Carol Massar where we see the S&P at a record high.Everything is awesome. Yeah, it's inter ...

Wall Street is on track for its third straight day of gains, with major large-cap indices extending records as investors remain optimistic about corporate earnings and upcoming rate cuts.The S&P 500 rose 0.4% to 6,690 points after midday trading in New York. The Nasdaq 100 advanced 0.6% to nearly 24,750, while the Dow inched 0.1% higher to 46,350. The small-cap Russell 2000 rose 0.3%.XLK shares are testing new highs. See what is driving the move here.Technology's outperformance continues relentlessly. The s ...

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EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

U.S. inflation has been above the 2% target for years and in the last three months has moved further away from it. Nevertheless, the Federal Reserve is planning to ease monetary policy through rate cuts. At the same time, spendingAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for ...

Welcome back to Market on Close. I'm Marley Caiten here in Chicago alongside Sam Bodis at the New York Stock Exchange. We'd like to close out today's show with some thoughts on the session, some of the big stories.Of course, our big winner on the day was Intel after announcing their new deal with Nvidia. That was our top story, sending Intel to the top of the best performers on the S&P, closing out the day, up about 23%. Second best performer on the day, Synopsis, a long-term partner of Intel, also moving h ...

Flows can tell investors quite a bit about trends in the market and which ETFs might be on the rise. In some years, disruptive tech has thrived, where in others, income funds have stood out. ...