Yahoo News

31 charts tell the story of markets and the economy to start 2024

January 30, 2024 Yahoo News 0

31 charts tell the story of markets and the economy to start 2024

Stocks have surged to record highs at the start of 2024. Inflation has moderated, the Federal Reserve looks set to cut interest rates, and the vaunted “soft landing” for the US economy is coming into view. The US economy and corporate America continue to prove resilient in the face of the Federal Reserve’s aggressive rate hikes. This optimism reflected in recent market action and the economic consensus serves as the central theme of the latest Yahoo Finance Chartbook, which brings together more… Source link

Read More »

Stocks rise as S&P 500 hits fresh record to kick off earnings-packed week

January 30, 2024 Yahoo News 0

Stocks rise as S&P 500 hits fresh record to kick off earnings-packed week

US stocks edged higher Monday, with the S&P 500 notching another record close as investors braced for a busy week packed with Big Tech earnings updates, a Federal Reserve rate decision, and the crucial US jobs report. The Dow Jones Industrial Average (^DJI) drifted 0.6% higher, while the S&P 500 (^GSPC) rose 0.8% to build on last week’s wins for the indexes. The tech-heavy Nasdaq Composite (^IXIC) gained over 1%. With five of the “Magnificent Seven” tech companies set to report earnings, it Source link

Read More »

Grief and mourning for 3 US soldiers killed in Jordan drone strike who were based in Georgia

January 29, 2024 Yahoo News 0

Grief and mourning for 3 US soldiers killed in Jordan drone strike who were based in Georgia

SAVANNAH, Ga. (AP) — During their last phone conversation, Spc. Kennedy Sanders told her mother she wanted to take her military career to a new level when she returned home from the Middle East. She also revealed, to her mother’s strict disapproval, that she was thinking of buying a motorcycle. The 24-year-old Army reservist and her family were already looking ahead to summer when Sanders was scheduled to return to Waycross, Georgia, the hometown where she helped coach soccer and… Source link

Read More »

US stocks make muted start to earnings-packed week

January 29, 2024 Yahoo News 0

US stocks make muted start to earnings-packed week

US stocks were little changed on Monday as investors braced for a busy week packed with Big Tech earnings updates, a Federal Reserve rate decision, and the crucial US jobs report. The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) drifted just above the flatline, getting off to a muted start after the major stock gauges notched weekly wins. The tech-heavy Nasdaq 100 (^NDX) ticked higher. With five of the “Magnificent Seven” tech companies set to report earnings, it looks like a… Source link

Read More »

Biden says US ‘shall respond’ after drone strike by Iran-backed group kills 3 US troops in Jordan

January 29, 2024 Yahoo News 0

Biden says US ‘shall respond’ after drone strike by Iran-backed group kills 3 US troops in Jordan

COLUMBIA, S.C. (AP) — President Joe Biden said Sunday that the U.S. “shall respond” after three American troops were killed and dozens more were injured in an overnight drone strike in northeast Jordan near the Syrian border. Biden blamed Iran-backed militias for the first U.S. fatalities after months of strikes by such groups against American forces across the Middle East since the start of the Israel-Hamas war. Biden, who was traveling in South Carolina, asked for a moment of silence… Source link

Read More »