U.S. stock markets rallied strongly on Wednesday, driven by a mix of economic data and positive corporate earnings reports. Day’s gains came after the latest consumer price index (CPI) report revealed that core inflation slowed unexpectedly in December. This development, coupled with blowout earnings results from major U.S. banks, fueled investor optimism. Stock Market Overview […]
Palantir, one of the biggest gainers in the S&P 500 last year rising more than 340%, was down for a third straight day in premarket, losing more than 2%. Chipmaker Advanced Micro Devices shed about 2.2% after a downgrade by HSBC. Data released Wednesday morning showed private-sector job creation in December eased more than expected,
In the aftermath of unprecedented gains in the stock market, millions of Americans have seen their net worth soar, buoyed by the robust performance of Wall Street. However, experts are raising alarms about potentially unsustainable valuations that could trigger a sharp market downturn, threatening the broader economy. Historic Gains Fuel Confidence and Spending The US
Dow closes down 400 points as Wall Street limps into year-end  CNBC Stocks set to end 2024 on a sour note despite strong gains for the year  CNN Wall Street ends sharply lower on penultimate trading day of a strong 2024  Reuters Dow Jones Futures: Nvidia, S&P 500 Below Key Levels After Stock Market Sell-Off  Investor’s Business Daily US
Markets stumble as Wall Street sells off Big Tech  CNN Wall St finishes down after sell-off at end of strong holiday-shortened week  Yahoo Finance The stock market slumped today. Why is the ‘Santa rally’ over?  USA TODAY
Inflation was the cause, not the result, of the ‘hot’ labor market, research shows  CNN
Jerome Powell just showed Donald Trump who’s boss  CNN The founder of a collapsed private equity giant who took $100 million from Bill and Melinda Gates was expelled from the Giving Pledge  Fortune Washington and the Markets are Feeling the President-elect Effect  The New York Times
Asia Stocks in Tight Range With Eyes on China Data: Markets Wrap  Bloomberg Morning Bid: 2024 bull run in home stretch, China ‘data dump’ eyed  Reuters Asia markets mostly rise as central bank decisions take the spotlight  CNBC China Shares Weigh on Asian Peers After Data Dump: Markets Wrap  Yahoo Finance Global stock index falls, bond yields rise ahead
Stock market today: Nasdaq tops 20,000 for first time as Big Tech surges, Tesla hits first record in 3 years  Yahoo Finance Nasdaq surges above 20,000 for first time  The Times of India Alphabet and Tesla reach fresh records, joining Amazon and Meta and pushing Nasdaq past 20,000  CNBC Tame US inflation boosts S&P 500, Nasdaq rallies above
As we near the end of 2024, it’s a good time to reflect on the performance of my top 10 stock picks for the year. Se selections not only delivered robust returns but also outpaced the broader market by a significant margin, reinforcing the value of focused stock selection for long-term wealth building. If you
