Wall St ends higher on growing bets for Dec. Fed rate cut
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U.S. stocks are rising as Wall Street looks to build on a three-day winning streak. The S&P 500 rose 0.5% in early trading Wednesday. The Dow Jones Industrial Average
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NEW YORK — U.S. stocks closed broadly higher Wednesday, extending Wall Street’s recent winning streak to a fourth straight day. The Standard & Poor’s 500 rose 0.7%, the Dow Jones industrial average gained 0.7% and the Nasdaq composite added 0.8%.
Asian shares rose on Thursday, taking their cue from Wall Street, where a winning streak extended to a fourth straight day. The future for S&P 500 and that for the Dow Jones Industrial Average were nearly unchanged.
Wall Street's biggest firms are calling for a renewed bull market in 2026, with several forecasts now pointing to the S&P 500 reaching as high as 8,000 on the back of the AI boom.
CEOs and Lutnick’s two elder sons, the firm is reaping rewards from early bet on crypto.
Bitcoin and other digital tokens have lost more than $1 trillion in value in recent weeks, raising concerns about a wider market fallout.
Analyst Gil Luria thinks that three stocks in the software infrastructure space are primed to benefit regardless of what happens to the AI trade.
U.S. stock futures pointed to a higher open following the prior session’s broad-based gains, as delayed data boosts expectations for a Fed rate cut next month.