S&P 500 Claims 5,000 As Tech Soars, Bitcoin Rockets Above $47,000: What’s Driving Markets Friday?
Wall Street is poised to wrap another week of gains, with the S&P 500 index surpassing the 5,000 mark and the Nasdaq approaching 18,000 points.
Oil & Gas Player Devon Energy Seeks Enerplus Acquisition: Report
Devon Energy's undisclosed offer to acquire Enerplus Corp could reshape the North American shale landscape. Stay updated on this potential game-changing deal.
S&P 500 Tests Resistance At 5,000, ARM Rockets, Oil Rebounds: What’s Driving Markets Thursday?
Major U.S. stock averages traded on a mixed note at midday in New York, with the S&P 500 grappling with the psychological resistance level of 5,000, while the tech-heavy Nasdaq 100 managed to reach fresh record highs.
S&P 500 Flirts With 5,000 As Magnificent 7 Tops $13 Trillion, NYCB Sinks: What’s Driving Markets Wednesday?
Wednesday is a bullish day on Wall Street, with major large-cap indices extending record highs, aided by robust corporate earnings. Despite the overall market optimism, concerns linger within segments such as regional banks, highlighting investor caution.
New York Community Bancorp Nosedives To 1997 Lows: Analysts Split, But Market Fears Persist
NYCB shares plummet 10% on concerns about exposure to troubled commercial real estate loans. Banks issue mixed reports, Moody's downgrades debt.
New York Community Bancorp Plummets To 26-Year Lows On Commercial Real Estate Fears
NYCB's stock plunges 22.15% Tuesday in wake of disappointing quarterly results and concerns about its high exposure to commercial real estate loans.
Spirit AeroSystems Rebounds With Q4 Topline Beat But Guidance Grounded Amid Boeing Woes
Spirit AeroSystems (NYSE: SPR) reports impressive Q4 FY23 revenue growth, reaching $1.81 billion, driven by increased production deliveries and favorable pricing adjustments, with shares up 1.27% premarket.
Stocks Fall As Traders Dial Back Rate Cut Bets; Dollar, Treasury Yields Rise: What’s Driving Markets Monday?
Wall Street ends week on negative note as traders revise down expectations on Fed rate cuts. Strong economic data and Fed officials' comments push stocks into red, reducing rate cut expectations for 2024. Treasury yields and dollar strengthen. Small-caps hit hardest.
Russia’s Google Yandex Navigates Strategic Turn, Divests Russian Assets for Over $5B
The Dutch holding company behind Yandex NV seals a $5.21 billion deal, selling its Russian and select international businesses. This divestment, subject to a 50% discount approval by Russia's government, aims to recover value for shareholders. Yandex plans to refocus on four international business lines post-transaction, emphasizing growth and unlocking new potentials.
Mixed Fortunes For Tech Giants, Powell Signals No March Interest Rate Cut, Spectacular January Jobs Report: This Week In The Markets
Tech earnings show mixed results, with some outperforming and others falling short. Fed keeps rates steady, strong job growth in US. AI giants struggle, while Meta and Amazon impress.