Dow surges nearly 500 points as Wall Street rebounds after tech rout

The S&P 500 and Nasdaq Composite Indexes fell on Thursday in choppy trading, but ultimately failed to regain ground lost the previous day in a sell-off in tech stocks. The Dow Jones Industrial Average surged 500 points, boosted by better-than-expected GDP data, to close at 39,935.07, up 81.20 points, or 0.2%, while the Nasdaq fell […]

D.C. Consultant Class, K Street Lobbyists Fear Populist JD Vance

A survey released in July found that senior congressional staff and K Street lobbyists who want to maintain the status quo in Washington, D.C., appear to despise Sen. J.D. Vance (R-Ohio), former President Donald Trump’s vice presidential nominee. The Canvas/Punchbowl News poll photograph The survey was conducted at the Republican National Convention (RNC) among approximately […]

Texas Instruments rises as Wall Street sees light at the end of the tunnel – Seeking Alpha

wellesenterprises/iStock Editorial via Getty Images Texas Instruments (NASDAQ:TXNWall Street is confident that the downturn in the analog sector of the semiconductor industry is over after Intel Corp. released second-quarter results and guidance. share Increased by 1.6% in premarket trading on Wednesday. “As we highlighted last quarter, we “Analog has hit the bottom in both TXN […]

K Street struggles to decode Trump VP pick Vance

In just two years, Sen. J.D. Vance (R-Ohio) has gone from winning a Senate seat in 2022 to securing former President Trump’s running mate last week. His rapid rise has provided few clues for lobbyists trying to decipher the junior senator’s policy positions and given him few footholds to get a foothold into the possibility […]

Wall Street rallies for Kamala Harris, Silicon Valley for Trump

Wall Street’s biggest Democratic allies are holding all-hands Zoom calls to drum up financial support for Kamala Harris, sources told The Washington Post. Avenue Capital CEO Marc Lasry, Lazard President Ray Maguire, Centerview co-founder Blair Effron, Paul Weiss Chairman Brad Karp and C Street co-founder Brian Mathis are among the city’s top financial players who […]