The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.
On the winning side of Wall Street were Novo Nordisk’s U.S.-listed shares, which jumped 8.5%. The Danish company reported ...
NextEra Energy (NEE) is rising 5% today after the firm announced that it was taking steps to boost its natural gas and nuclear output in order to meet the surging demand for electricity. The latter ...
In the broader industrial/auto end markets, we’re not at the bottom yet,’ Truist Securities analyst William Stein wrote.
SLB helped lead the market after the provider oilfield services delivered bigger profit and revenues for the end of 2024 than ...
Wall Street was heading for more gains before the open on Friday as markets try to log their first winning week of 2025 on ...
Wall Street held firmer on Wednesday, a day after strong reports on the economy hurt U.S. stocks by stirring up worries that inflation and interest rates may remain higher than expected.
Strong economic reports released Tuesday turned out to be bad for Wall Street. One report said ... while keeping the labor market from weakening." The stock market will be closed on Thursday ...
NEW YORK — Wall Street held firmer on Wednesday, a day after strong reports on the economy hurt U.S. stocks by stirring up worries that inflation and interest rates may remain higher than expected.
SoFi Technologies (NASDAQ:SOFI) is a battleground stock between Wall Street and Retail Investors ... SoFi is the only bank that chooses fair market valuation designation for most of its loan ...
Last year's bullish US stock market rally led by the "magnificent seven" stocks was rewarding for investors who bet heavily on the AI hype. As investments in AI continue to grow, Wall Street is ...