NEW YORK (AP) — The U.S. stock market is drifting around its record heights on Thursday, as Wall Street sifts through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths.
The S&P 500 slipped 0.3% and edged a bit further from its all-time high set on Tuesday.
It’s hard to avoid the fearful “AI bubble” comments these days, especially as the big technology companies move into earnings where, of course, there’s a fairly high bar. Amazon and Taiwan Semiconductor can give you pause and are actually value picks right now.
And while it’s been a while (Liberation Day) since we’ve had a big correction,
» Read more about: 2 AI Value Stocks That’ll Have You Thinking There’s No Bubble »
NVIDIA Corp.‘s (NASDAQ:NVDA) market cap just did what no company in history has: crossed the $5 trillion threshold, and ETF investors are racing to catch the wave.
The milestone, fueled by blockbuster AI deals and surging chip demand,
» Read more about: Nvidia's $5 Trillion Milestone Turns These AI ETFs Into Hot Trades »
Right now ahead of Halloween, the real suspense might be in ETF investing strategies. With markets seesawing between hopes for rate cuts and the resilience of earnings, investors are dusting off one of Wall Street’s spooky old sayings: Sell in May and go away.
» Read more about: Top 6 ETFs To Watch As Wall Street's Strongest Six Months Begin »
US stock market is down today as investors react to Big Tech earnings shocks and fresh signals from the Federal Reserve, while President Donald Trump’s meeting with China’s Xi Jinping adds global tension. The S&P 500 dropped 0.3%, and the Nasdaq slid 0.6%, led by steep losses in Meta and Microsoft,
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» Read more about: Regions Financial (NYSE:RF) S&P 500 Tracks Banking Stability »
Rare earth stocks’ performance was mixed in the first minutes of Thursday’s trading session as the market digested the news out of South Korea that President Trump and Chinese leader Xi Jinping reached a deal that would delay implementation of Beijing’s rare earths export controls by at least a year.
MP Materials (MP),
Generation X is next in line to retire after baby boomers, but many of those workers are being hit with a harsh retirement reality check as experts warn working adults that many are falling short on the savings they’ll need to retire comfortably.
» Read more about: Generation X faces retirement reality check as savings fall short »
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