Tag: Routine Market/Financial News

What Did Wall Street Get Right About Markets This Year? Not Much
Money

What Did Wall Street Get Right About Markets This Year? Not Much

Updated Dec. 29, 2023 12:07 am ETAlmost no one thought 2023 would be a blockbuster year for stocks. They could hardly have been more wrong. The Federal Reserve raised interest rates at the fastest clip since the 1980s, a regional banking crisis felled Silicon Valley Bank, and war broke out in the Middle East. Yet stocks kept climbing. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Notches Longest Run of Weekly Gains Since 2017
World

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Notches Longest Run of Weekly Gains Since 2017
Money

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
S&P 500 Notches Longest Run of Weekly Gains Since 2017
World

S&P 500 Notches Longest Run of Weekly Gains Since 2017

The S&P 500 closed out its eighth consecutive week of gains Friday, logging its longest winning streak in six years. The benchmark index rose 0.2%, up almost 0.8% for the week. The tech-heavy Nasdaq Composite also added 0.2% Friday. The blue-chip Dow Jones Industrial Average edged down almost 0.1%, or about 18 points.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Rept Battero Energy Shares Rise in Hong Kong Trading Debut
World

Rept Battero Energy Shares Rise in Hong Kong Trading Debut

Dec. 17, 2023 11:19 pm ETShares of Chinese lithium-ion battery maker Rept Battero rose in their Hong Kong trading debut, indicating that investor demand for companies associated with electric-vehicle space remains buoyant.Rept Battero climbed as much as 7.4% on Monday from its initial public offering price of 18.30 Hong Kong dollars (US$2.34).Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
It’s the Magnificent Seven’s Market. The Other Stocks Are Just Living in It.
Money

It’s the Magnificent Seven’s Market. The Other Stocks Are Just Living in It.

Listen to article(2 minutes)Big tech stocks reclaimed their position as the market’s leaders this year. Just how far ahead of the pack have they run? Collectively, the stocks known as the Magnificent Seven—Apple, Microsoft, Alphabet, Amazon.com, Nvidia, Tesla and Meta Platforms—have jumped 75% in 2023, leaving the other 493 companies in the S&P 500 in their dust. (Those have risen a more modest 12%, while the index as a whole is up 23%.)Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Dow Notches Another Record Close
Money

Dow Notches Another Record Close

The Dow Jones Industrial Average set a record for a third straight day Friday to cap a strong week for stocks.The S&P 500 advanced for a seventh consecutive week, its longest winning streak in six years.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
The Adrenaline-Fueled Trades Sweeping the Market
Money

The Adrenaline-Fueled Trades Sweeping the Market

Oodles of risk. Bold bets on artificial intelligence. Round-the-clock activity. The options market is booming like never before. About 44 million options contracts have changed hands on an average day in 2023, on track for an annual record based on Options Clearing Corp. data going back to 1973 and more than double the figure from five years ago.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8