Dow slips, S&P 500 flat as Powell tempers December rate cut hopes
NEW YORK >> The Dow ended lower and the S&P 500 finished flat today after the Federal Reserve cut interest rates but Fed Chair Jerome Powell said another rate cut in December is far from assured. The Nasdaq registered another record closing high, boosted by Nvidia after the AI chipmaker made history as the first company to reach $5 trillion in market value.
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Read MoreThe Magnificent Seven makes up one-third of the S&P 500 – should investors be concerned?
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The “Magnificent Seven” companies now make up nearly a record 37% of the S&P 500’s total market capitalization and have consistently outperformed the index. But that growing concentration raises questions for investors. While those seven tech giants have driven jaw-dropping returns, their dominance increases downside risk and volatility.
Read MoreStock market today: Dow, S&P 500, Nasdaq futures climb after mixed Big Tech earnings with Trump-Xi meet underway
US stock futures fell Thursday morning as Wall Street digested a wave of Big Tech earnings alongside the Federal Reserve’s latest interest rate move, while digesting the details of President Trump’s long-awaited summit with Chinese leader Xi Jinping.
Futures attached to the Dow Jones Industrial Average (YM=F) and S&P 500 (ES=F) slipped 0.2%.
Read MoreStock market today: Dow, S&P 500, Nasdaq futures fall after mixed Big Tech earnings, Trump-Xi meeting
US stock futures fell Thursday morning as Wall Street digested a wave of Big Tech earnings alongside the Federal Reserve’s latest interest rate move, while digesting the details of President Trump’s long-awaited summit with Chinese leader Xi Jinping.
Futures attached to the Dow Jones Industrial Average (YM=F) and S&P 500 (ES=F) slipped 0.2%.
Read MoreHybrid Mutual Funds: SBI, HDFC, ICICI hybrid funds lead in 2025 as investors seek growth with stability
Investing is much like balancing your diet — you need the right mix of nutrition and flavour. Similarly, investors often seek a balance between growth and stability, and that’s precisely where Hybrid Mutual Funds come in. These funds invest across multiple asset classes — primarily equity (stocks) and debt (bonds) — to offer the dual advantage of capital appreciation and income stability.
The Burst
Alert: Billionaire Bets BIG On Under-the-Radar Stock
Investment Alert: Buy Global Payments [GPN] Under $100/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
Larry Robbins isn’t a name that most investors know well,
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Read MoreThe Ivy
1 Healthcare Firm Billion Dollar Funds Bets On
Lantheus Holdings isn’t a healthcare firm that springs to the top of investors’ minds as say a United Healthcare might but it’s attracted the interest of one money manager who oversees almost $20 billion, Farallon Capital Management.
What is it that this astute asset manager sees in this off-the-radar firm which has sold off big time in the past 3 months?
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