Dow Rallies, Overcoming NVIDIA Slump
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The Dow Jones Industrial Average surged 664 points, marking a three-day winning streak, as investor focus shifted to the Federal Reserve's potential December rate cut. This sentiment was further fueled by reports of a potential Fed chair candidate favoring lower rates and comments from New York Fed President John Williams.
Stocks closed sharply higher for a second time in as many days this holiday-shortened trading week, although Nvidia and other semiconductor shares fell on a report Meta Platforms may use Google's AI chips in their data centers.
QSR giant McDonald’s has lagged behind the Dow Jones Industrial Average over the past year, yet analysts remain moderately optimistic about the stock’s prospects.
The rally in the stock market on Wednesday morning has put the Dow Jones Industrial Average on pace to finish above 48,000 for the first time on record. Wednesday marks just three trading days since the Dow's last 1,000-point milestone. If sustained, that ...
Dow, S&P 500, and Nasdaq futures rising in premarket trading as the stock market recovers from a selloff amid AI bubble fears.
US stock futures wobbled Tuesday, struggling to build on a broad tech-led rebound fueled by growing optimism that the Federal Reserve will deliver a rate cut next month as delayed economic data provided glimpses into consumer spending and price pressures.
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After a mixed start to the day, the three major U.S. stock-market indexes were all trading higher on the day. The Dow Jones Industrial Average was leading the three indexes, with the S&P 500 following and the Nasdaq Composite recently breaking positive.