Adobe Inc (NASDAQ: ADBE) shares traded higher by 3.1% on Wednesday after the company reiterated its fourth-quarter guidance at its Adobe Max analyst day event.
Investors who bought stocks during the Covid-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.
Another hot consumer price index (CPI) reading for September means the Federal Reserve will continue to aggressively tighten monetary policy for the time being.
After several years of exceptional performance, Tesla Inc. (NASDAQ: TSLA) stock has taken a hard hit in 2022 as rising interest rates have triggered a rotation out of growth stocks.
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened? On this day in 1996, the Dow Jones Industrial Average reached 6,000 for the first time.
Where The Market Was: The Dow finished the day at 6,010. The S&P 500 finished at 703.54.