Just a few days ago we wrote about the potential in AI-related stocks like NVDA. Now the 24% rally in NVIDIA shares was the biggest market-driving story yesterday. The stock…
US equity indices continued trading lower yesterday, driven by growing concerns over the ongoing debt ceiling negotiations. The Dow Jones Industrial Average (DJIA) fell by 0.77%, the S&P 500 dropped…
US equities traded lower yesterday as negotiations over the debt ceiling continued to create uncertainty. Treasury Secretary Janet Yellen has issued a warning, cautioning that a potential default could occur…
Markets were in a wait-and-see mode as investors waited for more news on debt-ceiling negotiations. The Dow Jones Industrial Average slipped 0.42% yesterday while the tech-centric Nasdaq edged higher by…
The main US equity indices lost some ground on Friday and finished the week with a down day after Congressional negotiators reported minimal progress in the debt-ceiling talks. S&P 500…
US equities gained yesterday following House Speaker Kevin McCarthy’s announcement that a vote on a debt-ceiling deal could occur as early as next week. The S&P 500 (+0.9%), DJ (+0.47%),…
Equities rallied yesterday amid optimism for a debt-ceiling agreement and strong deposit growth in regional banks. Western Alliance Bancorp was previously troubled by stability concerns but reported now an increase…
A securities filing published yesterday evening shows that billionaire Bill Ackman’s hedge fund, Pershing Square Capital Management, has acquired a billion-dollar stake in Alphabet (GOOG, +2.68%) during the first quarter…
Yesterday, stock markets (DJ, NAS, DAX and FTSE) closed slightly higher as investors awaited earnings results from retail giants Target and Walmart and assessed the ongoing debt-ceiling negotiations. The Nasdaq…