We’ll take it as a feather in the cap to be cited by the Federal Reserve. More on that in a moment, but first things first. Consumers and businesses — running the gamut of transaction types and across demographics — are pivoting toward faster and digital payment options. Overall, as detailed in two reports by Federal Reserve Financial Services, …
Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. The CPI inflation report looms Wednesday, along with key reports from Delta Air Lines (DAL) and Nvidia chipmaker Taiwan Semiconductor (TSM). X The stock market rally generally edged higher Tuesday, with investors wary of big moves ahead of the CPI …
Disney (DIS) secured yet another key backer in its high-profile battle against activist investor Nelson Peltz. In a paper published on Monday and viewed by Yahoo Finance, proxy advisory firm Glass Lewis recommended shareholders support the company’s current board and withhold votes for the nominees put forth by Peltz’s Trian Fund Management and fellow activist …
US stocks rose on Monday ahead of a key Federal Reserve rate decision, as investors set aside worries about stalled interest rates to focus on hopes around AI developments. The benchmark S&P 500 (^GSPC) added roughly 0.8%, while the tech-heavy Nasdaq Composite (^IXIC) led the way higher more than a 1% gain. The Dow Jones …
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The Federal Reserve meeting and AI events from Nvidia (NVDA) and Microsoft (MSFT) headline the coming week. X The stock market rally had a mixed week. The Dow Jones and S&P 500 were little changed while the Nasdaq and small-cap …
(Bloomberg) — A banner year for stocks is drawing to a close, with gains in big tech leaving the market near all-time highs amid the artificial-intelligence exuberance and dovish Federal Reserve bets. Most Read from Bloomberg With only two sessions left before the final closing bell of 2023, the Nasdaq 100 is poised for its …