Wall Street ticks toward a record
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President Donald Trump sent the U.S. stock market on a jagged round trip after saying he had “talked about the concept of firing” the head of the Federal Reserve
The stock market opened largely flat on Thursday, as investors assessed the retail sales and the jobless claims reports. The S&P 500 (SP500) was flat, the Dow (DJI) +0.2%, and the Nasdaq Composite (COMP:IND) +0.
The Nasdaq Composite rose to a record high on Thursday, with Wall Street's other major indexes also advancing, as strong economic data and positive earnings reports cheered investors. U.S. retail sales bounced back sharply in June,
Wall Street digested a surprisingly cool wholesale inflation reading and more big bank earnings, with one eye on Trump's latest tariff moves.
As more people ask chatbots for financial advice, creating the right prompts is the key to getting useful answers.
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Wall Street’s market averages trade higher on Thursday, as investors digested fresh data on retail sales and jobless claims.
Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% target for over four years, and the prospect of a dovish Fed under the stewardship of a new Trump-friendly Chair could keep it that way.
Sen. Elizabeth Warren sent letters Thursday to agencies including S&P Global Ratings, Moody’s Ratings and Fitch Ratings, asking for information about how they score the riskiness of private-credit products.
President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling concerns about the long-term health of the US economy, investors say.
The favorite stock for four of Wall Street's most successful fund managers is the only member of the "Magnificent Seven" to have never completed a stock split.
U.S. stock index futures barely budged on Thursday, as results from Taiwan's TSMC failed to shake investors from their cautious mood following a rollercoaster session marked by concerns about the Federal Reserve's independence.