Traders work on the New York Stock Exchange floor on Dec. 18, 2024. Spencer Platt | Getty Images Stocks jumped Tuesday on Christmas Eve as the market pulled off back-to-back gains in the holiday week. The S&P 500 added 1.1% to 6,040.04, and the Dow Jones Industrial Average gained 390.08 points, or 0.91%, to 43,297.03….
European markets opened higher on Tuesday, in a shortened trading session for Christmas Eve. Stocks in Europe ended Monday’s session slightly higher, as investors reacted to more disappointing economic news out of the U.K., and the pan-European Stoxx 600 was lifted by a recovery in the share price of pharmaceuticals giant Novo Nordisk. There is…
Traders work on the floor at the New York Stock Exchange on Dec. 10, 2024. Brendan McDermid | Reuters Stocks rose on Monday to start a holiday-shortened trading week as the continuous strength in technology names helped the broader market. The S&P 500 gained 0.73% to 5,974.07. The tech-heavy Nasdaq Composite rose 0.98% to 19,764.89,…
CNBC’s Jim Cramer on Friday warned novices against day trading, referencing an article from the Wall Street Journal that described how more investors are developing serious gambling addictions to risky market trading. “We need to help those who’re getting addicted, and we need to stop those who might become addicted,” he said. “After all, the…
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images Stock futures were little changed Wednesday night as investors absorbed a new, sobering reality for financial markets. Trading was volatile after the regular session’s panic surrounding the Federal Reserve’s revised outlook for interest rates next year. Futures…
A trader works, as a screen displays a news conference by Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange on July 26, 2023. Brendan McDermid | Reuters The S&P 500 rose on Monday, with tech shares kicking off the week on solid footing as…
When Donald Trump clinched a decisive victory in the 2024 presidential election last month, Stanley Black & Decker executives knew they had a problem on their hands. In fact, as soon as the results were known, the tool company began having conversations with key channel partners on what to do next, CFO Patrick Hallinan said…
Wall Street strategists were far off with their 2024 market outlook. What happened? This year, Wall Street extended its AI-powered bull market into a second year, far surpassing the year-end forecasts made by top strategists. In fact, all of them turned out to be very wrong. Original 2024 outlooks for the S&P 500 ranged from a low…
KeyBanc sees multiple reasons for optimism on Charter Communications . Analyst Brandon Nispel upgraded the broadband provider to overweight from sector weight. Nispel also gave shares a $500 price target, which implies 32.1% upside from Wednesday’s close. “CHTR is well off its lows, but we think the stock can continue to work higher,” the analyst…
Traders works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 2, 2024. Brendan Mcdermid | Reuters U.S. stock futures were little changed Sunday night after the S&P 500 and Nasdaq Composite posted their third straight winning week, ahead of key inflation data due out this week. Dow…
