S&P 500 and Nasdaq rally to record highs
NEW YORK: The S&P 500 and Nasdaq notched record high closes on Wednesday, lifted by Nvidia and GE Vernova, as the European Union and the US appeared headed toward a trade deal similar to an agreement President Donald Trump struck with Japan.
The White House’s deal with the European Union would include a broad tariff of 15% on EU goods imported into the US,
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Read MoreS&P 500 and Nasdaq Hit Record Highs as Nvidia, GE Vernova Rally Amid Trade Deal Hopes
The S&P 500 and Nasdaq closed at record highs Wednesday, driven by strong gains in Nvidia (NASDAQ: NVDA) and GE Vernova amid signs of a potential U.S.-EU trade agreement. The deal, expected to mirror President Trump’s prior accord with Japan, could introduce a broad 15% tariff on EU imports, including cars, according to diplomats.
Read MoreThe stock market is on a hot streak. It’s about to face a huge test
New York
CNN
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Six months into President Donald Trump’s second term, a quick glance at the stock market offers a reassuring picture: The S&P 500 just closed above 6,300 points for the first time ever and has notched eight record highs in the past month.
» Read more about: The stock market is on a hot streak. It’s about to face a huge test »
Read MoreStock market today: Dow, S&P 500, Nasdaq futures trade mixed as Google climbs, Tesla stumbles after results
Stock Market LIVE Updates: GIFT Nifty indicates a flat opening; US markets gain, Asia mixed
Stock Market LIVE Updates | RBL Bank in F&O ban, while Indian Energy Exchange out of F&O ban
n the previous trading session, RBL Bank share closed down 0.59 percent or Rs 1.50 at Rs 254.65.
The share touched a 52-week high of Rs 272.90 and a 52-week low of Rs 146.00 on 18 July,
The Burst
Market Commentary: 2 Deals This Billionaire Is Scooping Up
David Einhorn, the esteemed founder of Greenlight Capital, is widely recognized for making a killing during the Great Recession when he shorted the market. Nowadays, the investment world is curious about where Einhorn finds potential in the current market, particularly which stocks in his portfolio are poised for significant growth.
Read MoreThe Ivy
65% of Bill Gates Portfolio Is In 3 Stocks
Diversify is the name of the game. Spread your eggs across a lot of baskets. That’s what the professionals say, but why then do the rich do the exact opposite so often?
Take Bill Gates, for example, he’s got 65% of his portfolio allocated to just 3 stocks. Billions upon billions of dollars are invested in less than a handful of stocks and one of them in particular is likely to really surprise you.
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Read MoreThe Spotlight
