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Dow soars over 500 points, sending Wall Street to new highs

The Dow Jones Industrial Average continued to hit record highs on Tuesday, buoyed by strong results from UnitedHealth and growing confidence that the Federal Reserve will cut interest rates in September. The blue-chip index Jones built on Monday’s momentum and rose 566 points, or 1.4 percent, to 40,782 in morning trading. The Nasdaq was flat, […]

Trump, Vance, stocks, Dow, S&P, record highs

Jason Katz, Managing Director and Senior Portfolio Manager at UBS, explains what would happen to the markets if a Republican is elected US president. Former President Trump has officially secured the Republican nomination, with Senator J.D. Vance as his running mate. The Republican senator from Ohio, a former Marine, private equity veteran and best-selling author […]

S&P 500 and Nasdaq notch record highs as Nvidia gains – Yahoo Finance

(Reuters) – The S&P 500 and Nasdaq closed at record highs on Tuesday, helped by gains in Nvidia shares, after Federal Reserve Chairman Jerome Powell told lawmakers that further “favorable” economic data would strengthen the case for cutting interest rates. AI chipmaker Nvidia rose 2.5%, offsetting declines in other chip stocks. Microsoft fell 1.4%, while […]

Indian stocks hit record highs as exit polls suggest big Modi win – CNN

New Delhi CNN — Indian stock markets hit a record high on Monday after experts predicted a landslide victory for incumbent Prime Minister Narendra Modi in general elections. India’s main stock index, the Sensex index (tracking the 30 largest companies), and the broader Nifty 50 index both rose more than 3% to close at record […]

Why Bitcoin Could Reach Historic Highs: A Glassnode Analysis – Cointribune EN

8:30 p.m. 3 Takes a few minutes to read ▪ Luc Jose A. Bitcoin is on the brink of a historic milestone that will propel it to unprecedented heights. The co-founder of Glassnode, a company that specializes in blockchain analytics, recently expressed unprecedented optimism about the future of the flagship cryptocurrency. With technical resistance to […]

MTA payroll, overtime payments hit record highs

The MTA’s labor costs reached an all-time high of $7.8 billion last year, according to the agency. fiscal watchdog organization Empire Public Policy Center; State agency payrolls jumped by $663 million, or 9%, in 2023, and overtime expenditures increased by $75 million, or 6%, to a total of $1.37 billion. The previous record was $1.35 […]