Dow soars over 400 points as Wall Street cheers Fed rate cuts are on the way
Stocks rose on Friday as dovish comments from Federal Reserve Chairman Jerome Powell bolstered expectations that the central bank will cut its key policy interest rate in September. The Dow Jones Industrial Average rose 462.30 points, or 1.1%, to 41,175.08, just 23 points off its all-time high. The S&P 500 rose 1.2%, and the Nasdaq […]
Stock market today: Dow soars 555 points as strong economic data calms recession worries – Markets Insider
Stock indexes recorded big gains on Thursday, with the Dow Jones Industrial Average rising 555 points as investors digested new strong data. Newly released data showed retail sales rose 1% in July, beating analysts’ expectations of a 0.3% increase. The number of unemployment insurance claims filed last week was 227,000, down 7,000 from the previous […]
Spirit Airlines soars after premium seating plan reveal, joining Southwest
Spirit Airlines on Tuesday announced plans to capture growing demand for premium travel as it pursues higher-margin revenue to ease cost pressures and boost profits. The Florida-based ultra-low-cost airline offers European-style Business Class seating with guaranteed middle seats. Seat options include one carry-on bag, one checked bag, priority boarding, snacks and non-alcoholic beverages. The airline […]
Dow soars over 600 points on tech rebound, optimism about Fed rate cuts
Wall Street’s major stock indexes closed higher on Friday, regaining some of the ground lost earlier in the week as investors again flocked to big tech stocks following a broad sell-off and inflation data stoked optimism that interest rate cuts could soon begin. The Dow Jones Industrial Average surged 800 points, closing at 40,589.34, up […]
King to receive extra £45m of public money as crown estate income soars | King Charles III
Prince Charles is set to receive a huge pay rise of over 50% to £45 million a year, according to official reports. The £1.1 billion profits from the Royal Estate – part of which goes to the Royal Household – will mean that the Sovereign Grant, which supports the Royal Services, will increase from £86 […]
Bitcoin price soars above $66K as crypto market momentum ramps up – Cointelegraph
A new wave of volatility has boosted the cryptocurrency market, with Bitcoin rising by more than $3,000 in a four-hour period on July 19. BTC/USD daily chart. Source: Trading View Data from Cointelegraph Markets Pro Trading View A nightmare for short traders unfolded early on the weekend of July 19th when BTC/USD suddenly rose from […]
John Rich’s Bible-Inspired Anthem ‘Revelation’ Soars to Top of iTunes Country Music Chart, No. 2 for All Songs
“revelationCountry music star John Ricci’s new single, “The Last Song,” inspired by the last book of the New Testament, has rocketed to the top of Apple’s iTunes country charts in its first week of release. The song reached number two on the overall charts, putting Rich alongside top artists such as Tom McDonald, Post Malone, […]
WTI Crude Soars on Tailwinds of Saudi July Export Cuts – OilPrice.com
West Texas Intermediate (WTI), the U.S. benchmark, rose more than 2.9 percent, while Brent rose only half that amount on the day after the EIA reported a larger-than-expected fall in U.S. crude oil inventories and the U.S. dollar weakened. U.S. crude oil inventories have fallen by more than 20 million barrels in the past three […]
Meteor soars over Statue of Liberty, burns up above Manhattan: NASA
A meteorite passed over the Statue of Liberty on Tuesday morning, breaking up about 30 miles above midtown Manhattan, according to NASA. The space rock passed through New York’s atmosphere at about 11:15 a.m., around the same time that New York residents reported seeing a flash across the sky and feeling the ground shaking gently […]
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, […]