S&P, Nasdaq edge to record closes, energy stocks buoyant

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The S&P 500 and Nasdaq eked out record finishes on Thursday, while the Dow posted a modest gain

U.S. stocks have regularly hit record highs over the past few weeks as a solid corporate earnings season and hopes of continued central bank support underpinned confidence.

"I feel like sometimes we end up trying to read the tea-leaves too hard, and the Fed has been pretty good on communicating on ," said Jason Pride, chief investment officer of private wealth at Glenmede, noting the Fed remains on the path to begin tapering around year-end.

 

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:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Tech stocks power Nasdaq to record highThe Nasdaq Composite hit a record high on Wednesday, with high-growth technology stocks in the lead after weaker-than-expected private payrolls data raised hopes for an extended support from the U.S. central bank. Strong buy novavax NVAX Cristiano BarackObama Reddit wallstreetbets wsbmod RobinhoodApp JoeBiden BarackObama business POTUS 💉💉💉💉💉💉💉
Source: Reuters - 🏆 2. / 97 Read more »

Stocks end with tiny gains, enough to nudge Nasdaq to recordStocks inched mostly higher on Wednesday, enough to nudge the Nasdaq composite index to an all-time high. Markets continue to remain quiet ahead of Friday’s jobs report and the Labor Day holiday in the U.S. on Monday.
Source: latimes - 🏆 11. / 82 Read more »

Tech stocks send Nasdaq to fresh record close, boost S&PThe Nasdaq closed Wednesday at a record high, and the S&P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy. yeah anyways buy Bitcoin
Source: Reuters - 🏆 2. / 97 Read more »

Tech stocks send Nasdaq to fresh record close, boost S&PThe Nasdaq closed Wednesday at a record high, and the S&P 500 rose but just missed a fresh peak, as September kicked off with renewed buying of technology stocks and private payrolls data, which supported the case for dovish monetary policy. yeah anyways buy Bitcoin
Source: Reuters - 🏆 2. / 97 Read more »

Technology, energy stocks drive S&P 500 to record highThe S&P 500 hit a record high on Thursday, boosted by gains in heavyweight technology and energy companies, as well as on hopes that the Federal Reserve will maintain an accommodative policy amid signs that economic recovery was slowing.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks end with tiny gains, enough to nudge Nasdaq to recordStocks inched mostly higher on Wednesday, enough to nudge the Nasdaq composite index to an all-time high. Markets continue to remain quiet ahead of Friday’s jobs report and the Labor Day holiday in the U.S. on Monday.
Source: latimes - 🏆 11. / 82 Read more »