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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 67 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 63%

Phil Schiller News

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: S&P 500 hovers near 5,500 level as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks to Rise as S&P 500 Closes Above 5,500: Markets Wrap(Bloomberg) -- Stocks in Asia are set to advance as traders weighed prospects for Federal Reserve rate cuts after Jerome Powell cited signals the US is back ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asia Stocks to Rise as S&P 500 Closes Above 5,500: Markets WrapStocks in Asia are set to follow a record-breaking rally on Wall Street as traders weighed prospects for Federal Reserve rate cuts after Jerome Powell cited signals the US is back on a disinflationary path.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Nasdaq, S&P 500 eye record highs, Nvidia becomes most valuable US company: Yahoo FinanceThe Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) are on track for record highs as the tech sector continues to make major gains. Nvidia (NVDA) has largely...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Citi raises its S&P 500 target, Boeing CEO testifies: Yahoo FinanceThe S&P 500 (^GSPC) continues to get bullish calls, with Citi joining Goldman Sachs and Evercore ISI as the latest bank to raise its year-end target for the ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »