Dow Jones: Industrial Average Rises as Fed Signals Caution in US Indices Forecast
How Did Indexes and Sectors Respond to the Fed Cut?
Equity indexes showed uneven momentum. The S&P 500 remains less than 1% below its Oct. 28 record close, a level that has acted as a psychological reference point since the prior meeting. The Dow firmed, supported by cyclicals, while the Nasdaq lagged as investors trimmed exposure to mega-cap software and communications names.
Read MoreDow surges nearly 500 pts to 1-month high with Fed's much-expected rate cut
US stocks rallied on Wednesday as the Federal Reserve delivered a widely expected quarter-point rate cut and signalled a slower pace of easing ahead. The commentary from Chair Jerome Powell supported risk sentiment, helping major indices erase a two-day losing streak.
Wall Street recap
The Dow Jones Industrial Average surged 497.46 points,
How Has Costco (COST) Stock Done for Investors?
Key Points
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A $10,000 DRIP investment in Costco six months ago would be worth $8,769 as of Dec.
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Read MoreStock market: Sensex up 149 pts, Nifty above 25,800; Eternal, Tata Steel lead gainers
Domestic benchmarks Sensex and Nifty opened higher on Thursday, amid upbeat global cues and the US Federal Reserve’s 25-basis-point rate cut overnight.
At 9:30 am, the BSE Sensex rose 50.78 points, or 0.06%, to 84,442.05 after gaining nearly 149 points in early trade. The NSE Nifty climbed 21.05 points, or 0.08%,
Nasdaq Index: Tech and AI Stocks Slide as Broadcom Weakness Hits US Indices
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Read MoreThe Burst
How a 2nd Trump Presidency Will Affect Markets?
A second Trump presidency may have broad-reaching implications for the stock market, influenced by a mix of tax and economic strategies as well as geopolitical implications.
In his first-term, Trump oversaw significant corporate tax cuts, which boosted corporate earnings and stock prices. A second term is likely to continue or expand these tax policies,
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Read MoreThe Ivy
1 Low-Cost Schwab ETF That Beat The Market
With around $65.7 billion in net assets, Schwab’s US Dividend Equity ETF (SCHD) is one of the most popular funds among investors seeking dividend income from their portfolios.
In the last year, SCHD has even beaten out the S&P 500 by delivering a 27.1% market price return compared to 25.0% from the S&P.
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Read MoreThe Spotlight
Intel Horror Reveals Danger for Market
Predicted to reach a staggering trillion-dollar market size this year, the semiconductor industry has enjoyed a decade of continuous growth. Although high demand fuels the industry, supply constraints have challenged company financials.
Intel’s latest earnings report has given pause not only to its own shareholders but also to those of Nvidia and AMD.