The U.S. stock market sank sharply in early trading, with investors increasingly skittish about the strength of the artificial intelligence boom. The S&P 500, which set a record high in late October, fell 78 points, or 1.2%, to 6,594 roughly an hour into Tuesday’s session. The Dow Jones Industrial Average and tech-heavy Nasdaq Composite dropped … Read more
What’s behind the dip in the stock market and what does it mean for you? – CBS News Watch CBS News The Dow, S&P 500 and Nasdaq all dropped around 1% at Monday’s close. It comes as tech giants and retailers are set to release earnings reports. CBS News business analyst Jill Schlesinger explains what … Read more
seventyfourimages/Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Vanguard pioneered the concept of index fund investing, and currently has a whopping $11 trillion in assets under management. It’s a real heavyweight in the American stock market (1). So when the company issues a report about the … Read more
fizkes / Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. For all the hoopla about the upcoming $90 trillion “Great Wealth Transfer”, it appears likely that very few Americans will actually be on the receiving end of the massive inheritance pot. Research out of Northwestern Mutual … Read more
Stock futures slid ahead of the start of trading in U.S. financial markets on Friday as investors fret about the health of technology companies and the path of interest rates. S&P 500 futures were down 1.1%, or 71 points, as of 8:30 a.m. EDT, and Dow Jones Industrial Average futures dropped 0.7%, or 316 points. … Read more
Artificial intelligence has fired the stock market to record highs this year, with companies eager to tout their AI prowess and investor darlings like AI chipmaker Nvidia soaring on expectations of runaway growth. But a tinge of fear is starting to shadow that exuberance as investors worry the AI boom could go bust. The startling run-up … Read more
Wall Street rebounded on Friday, with gains from Nvidia and other technology companies helping pare losses from early trading and rebalance the major indices. The S&P 500 lost 3 points, or 0.1%, to close at 6,734, while the Dow Jones Industrial Average trimmed earlier losses to end the day down 310 points, or 0.7%. The … Read more
Wall Street wobbled on Friday, with stocks sinking for a second straight day as investors fret over the health of the technology sector and the prospects of a December interest rate cut by the Federal Reserve. The S&P 500 fell 32 points, or 0.5%, in early trading, while the Dow Jones Industrial Average dropped 467 … Read more
Retail investors now wield considerable power in the stock market. And after years of exerting more influence over stock moves, one analyst argues their standing in the financial world has moved up a level. “Retail investors used to be at the little kids’ table at Thanksgiving, and you’d give them a little cookie,” Wedbush Securities … Read more