Stock market today: S&P 500 backs away from record as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.1% after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ( ^DJI) climbed slightly higher on the heels of notching its own record close. Leading the way lower, the tech-heavy Nasdaq Composite ( ^IXIC) dropped 0.2%.
Richly valued US stock market may find limited benefit from rate cuts
As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks may have already priced in the benefits of easier monetary policy, making it harder for markets to rise much further.
Micron shares have shed most of their 2024 gains, but memory pricing could improve in the coming months, Citi says.
Stifel's Barry Bannister said that the non-farm payroll six-month diffusion index just crossed below a "recession trigger ...
Micron Technology's latest earnings report releases later this month. Here's what you should you know before that happens?
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Ikea's partnership with the drone maker Verity fits into its larger plan to improve customer experiences, starting in its ...
FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
Additional Fed rate cuts will boost confidence in one overlooked area of the market, a Goldman Sachs portfolio manager said.
Constellation Energy will restart the Three Mile Island Unit 1 nuclear plant to provide electricity to power Microsoft's data ...
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