S&P futures exhibited minimal variation on Monday following the Nasdaq Composite’s achievement of a new record high, as investors prepared for an important Federal Reserve meeting scheduled for this week. Futures for the Dow Jones Industrial Average increased by 96 points, representing a 0.2% rise. S&P 500 futures increased by 0.1%, while Nasdaq-100 futures remained Read More
While Americans might not have a lot of cash in their wallets, there is plenty of money sitting in accounts that are earning good interest due to the Federal Reserve’s rate increases aimed at fighting inflation. Money market funds hold a record amount of cash, about $7.6 trillion. As the Federal Reserve gets ready to Read More
The S&P 500 exhibited minimal movement on Friday following a market rally that reached new highs, as investors interpreted indications of a softening labor market and subdued inflation as a signal that the Federal Reserve is poised to reduce interest rates in the upcoming week. The benchmark experienced a decline of less than 0.1%, whereas Read More
S&P 500 recorded a gain of 0.85%, finishing at 6,587.47. On Thursday, equities experienced an uptick as market participants speculated that the forthcoming data on a crucial consumer inflation metric would not impede the Federal Reserve’s decision to reduce its benchmark interest rate in the upcoming week. The Dow Jones Industrial Average concluded the trading Read More
The S&P 500 reached a new peak before relinquishing some of those gains on Wednesday, following an unexpected decline in wholesale prices. This development is seen as favorable by investors advocating for a Federal Reserve rate cut next week to stimulate economic growth. The broad market index recorded an increase of 0.1% in its latest Read More
S&P futures experienced a modest increase on Tuesday following the Nasdaq Composite reaching a new all-time high. Futures for the Dow Jones Industrial Average increased by 9 points. S&P 500 futures increased by 0.1%, while Nasdaq-100 futures rose by 0.2%. Nvidia and AMD experienced a modest increase in premarket trading. Apple shares experienced a slight Read More
On Monday, stock futures experienced a modest increase as investors prepare for a week rich in data, featuring two significant reports on inflation. Investors are poised for two pivotal inflation reports this week, seeking deeper understanding of economic conditions following Friday’s disappointing hiring data. The producer price index report for August is scheduled for release Read More
Tesla’s proposed pay plan for CEO Elon Musk is viewed as a “good deal” for Tesla investors, alleviating concerns regarding the executive’s long-term commitment to the company, as stated by auto research analyst Adam Jonas. Tesla’s board is requesting that investors approve a new compensation plan for Musk, which could be valued at approximately $975 Read More
President Donald Trump’s “big beautiful bill” offers assistance to specific Social Security beneficiaries who are subject to taxation on their benefits. However, it does not completely remove those levies. Sen. Ruben Gallego, D-Arizona, has put forth a legislative proposal on Thursday, named the You Earn It, You Keep It Act, aimed at abolishing taxes on Read More
A tenuous rally evaporated within the initial hour of trading on Friday as expectations for rate cuts succumbed to concerns regarding an economic slowdown, prompted by disappointing job figures for August. The S&P 500 experienced a decline of 0.5%, whereas the Nasdaq Composite saw a decrease of 0.3%. The Dow Jones Industrial Average experienced a Read More
