Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. The Dow Jones Industrial Average gained under 1% for the week. The S & P 500 and Nasdaq , which both closed at record highs Friday — rising nearly 2% and 3.5%, respectively, for the week. The first week of … Read more
Microsoft kicked off the second half of 2024 with a bang, with shares hitting new closing highs on Monday and Tuesday, and an intraday high Friday. Better still: They have plenty more room to run. Investors have been drawn to Microsoft for its early leadership in the fast-growing artificial intelligence space. Year-to-date Microsoft stock is … Read more
People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024. Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets were mostly up, with Japan’s key benchmark hitting new highs on Friday, after scaling record peaks in the previous session. Japan’s Nikkei 225 continued its record-breaking run, climbing 0.46% … Read more
The Exchange Square Complex, which houses the Hong Kong Stock Exchange. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets rose Thursday morning as Japan’s Topix crossed its all-time high of 2,886.50, previously set in December 1989. The Topix jumped 0.56% in early morning trading, while the Nikkei 225 rose 0.55%. The Nikkei is less than … Read more
JPMorgan’s Marko Kolanovic. Crystal Mercedes | CNBC A top strategist at JPMorgan who was caught offside by the stock market rally is quitting the investment firm. Marko Kolanovic, who served as chief global markets strategist and co-head of global research, is leaving the bank to explore other opportunities, according to a source familiar with the … Read more
A block of industrial factories sits among newer apartment buildings along a canal in Tokyo, Japan. Photo By Michael Russell | Moment | Getty Images Asia-Pacific markets opened higher on Wednesday, after U.S. Federal Reserve Chair Jerome Powell noted progress on inflation, but reiterated patience on cutting rates at a central banking forum. Traders in … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Rally in markets: Stocks were higher across the board Tuesday afternoon, led by the Nasdaq Composite , which added 0.7% and was on pace for back-to-back … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Top heavy : Stocks were on pace for a higher close Monday in what has been a volatile session for both equities and bonds. The 10-year … Read more
SHANGHAI, CHINA – JANUARY 01: Sun rises over the Oriental Pearl Tower on New Year’s Day on January 1, 2023 in Shanghai, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets are set to kick-start the second half of the year mixed as investors await business activity … Read more
It was another largely great quarter for the stock market — completing a strong first half of the year for the Dow Jones Industrial Average , the S & P 500 and the Nasdaq , all trading around record highs. The Nasdaq was the big winner of the second quarter, adding 8.26% over the past … Read more
