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Nasdaq, S&P 500 Advance to Start Week
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Cooling Inflation Powers S&P 500, Nasdaq to Weekly Gains
The S&P index added 1.6% for the week and the yield on the 10-year Treasury fell as investors assessed the job market and new data on inflation.The Wall Street Journal - World -
U.S. stocks ended mixed, with the S&P 500 slipping from its record, but logging a weekly gain of 1.6%, while the Nasdaq rose to a record and a weekly gain of 3.2%. The Dow shed 0.5% for the week.
U.S. stocks ended mixed, with the S&P 500 slipping from its record, but logging a weekly gain of 1.6%, while the Nasdaq rose to a record and a weekly gain of 3.2%. The Dow shed 0.5% for the week.The Wall Street Journal - World -
Investors have never withdrawn from S&P 500 funds like they did last week
S&P 500 index funds saw the biggest outflows on record last week, according to data from Lipper’s global fund flows.MarketWatch - Business -
U.S. Stocks Trade Lower
U.S. stock indexes edged lower, after the S&P 500 and the tech-heavy Nasdaq closed at record highs for the last four sessions.The Wall Street Journal - World -
These 4 S&P 500 stocks are helping to tame U.S. market volatility
Stocks not only can gain with the VIX at such extreme lows — they usually do.MarketWatch - Business -
Stocks Fall, European Markets Sell Off
Investors dumped European stocks and snapped up safer government bonds amid French political turmoil. U.S. stocks opened lower.The Wall Street Journal - World -
Carnival’s stock leads the S&P 500’s losers as BofA raises a pricing concern
Stocks of cruise operators were having a pretty bad day Friday, as BofA Securities analyst Andrew Didora suggested there was a crack in the group’s pricing armor.MarketWatch - Business -
Stock buyers are keeping S&P 500 momentum strong and volatility low — for now
A low VIX is an overbought condition, but it is not a sell signal.MarketWatch - Business -
The S&P 500 would be nearly 20% lower without AI mania, says this chart
How much has AI contributed to stock market gains? The market could be 20% worse off without it, says Bespoke.MarketWatch - Business -
Elon Musk claims Optimus robots could make Tesla a $25 trillion company — more than half the value of the S&P 500 today
At Tesla's annual shareholder meeting Thursday, CEO Elon Musk said the company's jump into humanoid robots could lift its market cap by almost fiftyfold.CNBC - Business - Elon Musk
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Voters in rural North Carolina reflect the mounting challenges facing President Biden in swing states, voicing discontent with the economy, illegal immigration and inflationThe Wall Street Journal - World -
Charles Barkley to Retire From 'Inside the NBA'
The basketball hall of famer who built a second career as a sports commentator on TNT, announced his retirement after the Dallas Mavericks’ victory over the Boston Celtics.The Wall Street Journal - World - United Kingdom -
Iran Frees Two Swedish Citizens for Iranian Jailed in Sweden
The decision is the latest Iranian move to release European prisoners amid tensions between Tehran and the EU.The Wall Street Journal - World - Iran -
Kate Middleton Makes First Public Appearance Since Cancer Announcement
The Princess of Wales attends King Charles’s birthday parade.The Wall Street Journal - World