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Nvidia nabs $2T valuation, S&P and Dow hit records with Nasdaq close behind

Investment manager James Demmert recommends including Nvidia in a “core” portfolio, predicting growth “over several years.” Investors are rooting for Nvidia’s AI boom, which is helping drive U.S. stocks to new highs. On Friday, the S&P 500 and Dow Jones Industrial Average hit new record highs, and the Nasdaq Composite is just shy of its […]

Dow, S&P 500 hit record highs, fueled by AI darling Nvidia

Both the S&P 500 and the Dow Jones Industrial Average soared on Thursday as investors rushed into growth and tech stocks following strong earnings and prospects from artificial intelligence leader Nvidia. It closed at an all-time high. Nvidia shares soared 16% after the chip designer predicted first-quarter revenue would soar nearly three-fold due to strong […]

Dow Jones Industrial Average adds Amazon, axes Walgreens

Amazon will be replaced by Walgreens Boots Alliance in the Dow Jones Industrial Average. S&P Dow Jones Indices announced after market close on Tuesday that the changes would take effect before the start of trading on Monday. Walgreens has been part of the Dow Jones Industrial Average since replacing General Electric Co. in 2018. “Reflecting […]

Dow falls more than 400 points on heels of hot inflation data

The Dow Jones Industrial Average fell more than 500 points on Tuesday as strong January inflation data dampened hopes that the Federal Reserve would start cutting interest rates next month. The Dow Jones Industrial Average, which fell to 750 points, fell 1.4%, its worst day since March 2023. The S&P 500 Index fell 1.4%, and […]

Dow falls more than 400 points after January inflation surprise

The Labor Department’s latest inflation numbers beat expectations on Tuesday, raising concerns on Wall Street that the U.S. Federal Reserve will not cut interest rates sooner or more often this year than previously expected. Stock prices fell. According to the Consumer Price Index (CPI) released on Tuesday, prices rose 0.3% from December to January, up […]

Dow plunge accelerates, on pace for worst day of 2024

Forbes Media CEO Steve Forbes and Public Ventures President Lou Basenise are reacting to the drop in stock prices due to a higher-than-expected rise in the consumer price index. U.S. stocks fell broadly after a better-than-expected inflation report could jeopardize the Federal Reserve’s plans to cut interest rates. The Dow Jones Industrial Average fell more […]

DOW Drops After Inflation Data

The Pro-Trump News homepage sees 60 new headlines every 24 hours. Click here to take a look. The Dow Jones Industrial Average fell on Tuesday on inflation data. The Dow has fallen 500 points (as of this writing). CNBC reported: Stocks rose on Tuesday as U.S. bond yields surged on better-than-expected inflation data in January […]

Dow plunges after Fed chair’s rate comments spook markets

Wall Street’s main indexes fell on Monday as investors weighed U.S. corporate earnings, while U.S. Treasury yields rose after Federal Reserve Chairman Jerome Powell firmly pushed back on market expectations of an imminent rate cut. did. Powell said in an interview aired Sunday that more evidence of a sustained downward trend in inflation was needed […]

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