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Dow breaks 40,000 for first time ever as optimism for Fed rate cut grows

The Dow Jones Industrial Average topped the 40,000-point mark for the first time in history, as Wall Street investors turned bullish on the prospect of a Fed interest rate cut and strong earnings reports from blue-chip companies. The Dow Jones Industrial Average has surpassed Wednesday’s all-time high of $39,935.04 and is up nearly 40% since […]

Arm shares fall as soft forecast takes shine off AI optimism – Yahoo Finance

(Reuters) – Arm Holdings shares fell on Thursday. That’s because annual revenue forecasts that were softer than chip designers had expected dampened some of the enthusiasm for the stock after its AI-powered surge in recent months. After falling as much as 8.5%, the stock pared some of its losses to trade 1.5% lower at $104.50 […]

Small business optimism at lowest point since 2012: Survey

According to a survey, optimism among small business owners is at its lowest since 2012. investigation released Tuesday. According to the National Federation of Independent Business (NFIB) Small Business Economic Trends survey, the NFIB Small Business Optimism Index fell 0.9 points to 88.5, the lowest reading since December 2012. The survey of 506 NFIB member […]

Small business optimism hits lowest level since 2012: NFIB

Jason Katz, a UBS managing director and senior portfolio manager, said the 2% inflation target was arbitrary for Barney & Company. small business optimism A new report from the National Federation of Independent Business (NFIB) shows that sales fell to their lowest level in more than a decade in March. The NFIB’s Small Business Optimism […]

Spring homebuying season brings slightly more optimism as listings continue to rise

The home purchase sentiment index rose 2.1% in February. (iStock) The spring buying season is heating up as more homes hit the market and homebuyers are eager to make purchases now that the winter frosts have subsided. fannie mae’s Home purchase sentiment indexThe index showing home sales rose 2.1 points in February. This is the […]