S&P 500 breaks 5500, Tesla EV sales are on the rebound: Yahoo Finance

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Federal Reserve,Jerome Powell,Interest Rate Cuts

The S&P 500 (^GSPC) closed above 5500 yesterday, with global stocks on the rise as the market begins to price in optimistic sentiment over interest rate cuts...

) closed above 5500 yesterday, with global stocks on the rise as the market begins to price in optimistic sentiment over interest rate cuts from the Federal Reserve after Chair Jerome Powell spoke on the matter at the ECB Forum. Tesla’s EV sales are beginning to rebound after demand over EVs Trending tickers began to cool in late last year into the beginning of 2024. Apple AAPL will get a board seat on OpenAI, filled by Apple’s App Store chief Phil Schiller, according to a report from Bloomberg.

Financial guru and TikToker Humphrey Yang recently shared in a YouTube video a few index funds you can invest in which will help grow your wealth over time.Deere & Co. is laying off nearly 600 workers as the farm equipment manufacturer deals with declining demand. Deere confirmed Monday that the production positions being cut are concentrated at two factories in Iowa and one at its home base in Moline, Illinois, where 280 employees will be laid off effective Aug. 30.

The best investor is one who's informed, but obsessing over your retirement fund's performance can stress you out and trigger the kind of emotional and counterproductive decision-making that can... -- It was one of the most impactful short-seller reports ever: Hindenburg Research’s 2023 broadside against the Adani Group erased as much as $153 billion of market value.

THE TRADER The stock market has been hitting new highs, but most stocks are struggling. Even news that would usually move them isn’t doing the trick, a sign that equities won’t be an exciting place to invest in a while.ARLINGTON, Va. — Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the Department of Justice.

 

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