Wall Street climbs again as a worldwide rally comes back around
NEW YORK (AP) — U.S. stocks are ticking higher on Wednesday after a rally spurred by hopes for lower U.S. interest rates wrapped around the world.
The S&P 500 rose 0.4%, coming off its latest all-time high. The Dow Jones Industrial Average was up 364 points, or 0.8%,
» Read more about: Wall Street climbs again as a worldwide rally comes back around »
Read MoreLIVE: FTSE and Wall Street rise as bets on Federal Reserve rate cut surges
A new Adobe Express study has ranked the most innovative cities in both the UK and Europe, uncovering unexpected hotspots where creativity, technology, and forward-thinking solutions are shaping the future.
The ranking was established by analysing factors such as university excellence, Wi-Fi speeds, tech job density, and innovation index scores offering a data-led look at the places best positioned to drive the next wave of breakthroughs.
» Read more about: LIVE: FTSE and Wall Street rise as bets on Federal Reserve rate cut surges »
Read MoreIndian stock market: 10 key things that changed for market overnight – Gift Nifty, inflation data to Nvidia shares rally
Indian stock market: The equity benchmark indices, Sensex and Nifty 50, are expected to open higher on Wednesday, following upbeat global market cues.
Asian markets traded higher, while the US stock market rallied overnight, with the S&P 500 and the Nasdaq hitting record highs.
On Tuesday,
US stock market hits record highs for second day as Fed rate cut bets ignite Dow, S&P 500, Nasdaq rally led by Apple, Nvidia, Tesla
US stock market delivered another emphatic rally this week, with the S&P 500 and Nasdaq closing at record highs and the Dow adding more than 480 points on Tuesday, August 12, as traders doubled down on bets the Federal Reserve will cut interest rates in September.
The catalyst came in the morning’s Consumer Price Index report: headline inflation eased to 2.7% year-over-year in July,
Read MoreCryptocurrency Market Report July 2025: $3 Trillion Market Breakout, Bitcoin & Ethereum Lead the Charge
July 2025 marked a dramatic shift from June’s preparatory phase into full-fledged market acceleration. After several weeks of compression and subdued volume, the cryptocurrency market broke out of its consolidation shell, with the total market capitalization climbing above the critical $3 trillion mark for the first time since late 2021.
The catalyst for this expansion was a blend of strong institutional inflows,
Read MoreThe Burst
Market Commentary: Are Only Fools Buying Netflix?
Netflix reported earnings recently and the share price plunged $40 on the day, down almost 8.5%. To anybody who could read the tea leaves, the reaction came as no surprise. But how do you read the tea leaves? Or in other words, what was the giveaway in the financials that led to investors realizing the risk to reward ratio was poor,
» Read more about: Market Commentary: Are Only Fools Buying Netflix? »
Read MoreThe Ivy
Is a 34.6% Annual Return a Slam Dunk?
The old fox Warren Buffett might still have the midas touch after all. One of his favorite stocks in recent years has been Occidental Petroleum, and it’s been on a tear recently.
A quick look at the chart reveals that the stock has broken out to the upside, above an old yet key resistance level.
» Read more about: Is a 34.6% Annual Return a Slam Dunk? »
Read More