Stock Market Today: Dow Futures Rise
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Stock Market Today: Dow Climbs 664 Points, Revisits 47,000; Nvidia Falls As Palantir Rises (Live Coverage)
McGraw Hill MH vaulted nearly 5% and reached a record high on the stock market today. The education materials stock broke out of a deep cup base with a 17.25 buy point and is in the buy zone up to 18.11. The stock started trading on July 24 with an offer price of $17 a share.
Investors parsed fresh economic data and doubled down on bets the Federal Reserve will cut interest rates in December.
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.
Major stock indexes closed higher Wednesday ahead of AI darling Nvidia's highly anticipated quarterly results after the bell, with the Dow Jones Industrial Average and S&P 500 snapping four-session losing streaks.
Indeed, JPMorgan Chase analysts estimate U.S. large-cap stocks will return 6.7% annually over the next 10 to 15 years. And Goldman Sachs analysts estimate the S&P 500 will return 6.5% annually over the next decade, with downside and upside scenarios from 3% annually to 10% annually.
Stocks climbed again on hopes for a coming cut to interest rates. The S&P 500 rose 0.9% Tuesday after breaking out of a morning lull and is back within 1.8% of its all-time high.
This November has been unusually bad for stocks from a historical perspective. The Dow Jones Industrial Average, S&P 500 index, Nasdaq Composite Index and Russell 2000 all typically see gains in both November and December,
Here's a closer look at three Dow stocks that could soar in 2026, and then keep soaring after that.
The U.S. stock market rallied. The S&P 500 climbed 1.5% Monday for one of its best days since the summer and added to its jump from Friday, finding some strength following a shaky few weeks.
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Is McDonald's Stock Underperforming the Dow?
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.
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.
Alphabet rose another 0.7%, continuing a strong run on excitement about its recently released Gemini AI model.