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The Dow Jones Industrial Average is set to achieve a golden cross today, a potentially bullish sign for the index. Golden crosses happen when the short-term moving average of a stock or index passes its long-term moving average,
Stocks were taken on a wild ride Wednesday as a White House official indicated to CNBC that Trump was moving closer to firing Powell from his post as Fed Chair.
Stock futures are little changed Thursday as investors digest quarterly results from major companies and await further developments in President Donald Trump's feud with Federal Reserve Chair Jerome Powell.
U.S. stocks were higher in afternoon trade, with the blue-chip Dow Jones Industrial Average up about 120 points, as investors cheered relatively robust economic data emerging in the weeks before President Trump's next tariff deadline.
Nvidia and Microsoft are leading the tech sector to new heights for all the right reasons. Honeywell is an industrial leader that could benefit from AI integration. American Express cardholders continue to spend despite overall consumer pressures.
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Down Jones Newswires launches an AI-powered French language service, following the rollout of Korean and Japanese last year.
SP500 moved above the 6300 level as traders focused on the better-than-expected Retail Sales data. NASDAQ managed to climb above the 23,000 level. Dow Jones settled above the 44,500 level. SP500 tests new highs as traders focus on economic reports.
June inflation data released Tuesday represented an increase from May levels, despite the headline numbers matching expectations.
Stock futures are little changed Wednesday ahead of the release of wholesale inflation data as earnings reports from banks and other major companies stream in.
GE Aerospace raised its full-year earnings outlook and beat expectations on its top and bottom lines in the second quarter. PepsiCo said its business remained resilient during the second quarter, logging higher revenue despite a small drop in sales volumes.