Tag Archives: higher

U.S. stocks rose Wednesday after back-and-forth trading as investors weighed a batch of economic data and minutes from the Federal Reserve’s December policy meeting. The S&P 500 (^GSPC) gained 0.8% in a volatile session, while the Dow Jones Industrial Average (^DJI) added 130 points, or 0.4%. The technology-heavy Nasdaq Composite (^IXIC) advanced 0.7%. A readout of discussions from the U.S. central bank’s December gathering indicated Fed officials were reticent an “unwarranted” easing of… Source link

CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images More Google employees will be at risk for low performance ratings and fewer are expected to reach high marks under a new performance review system that starts next year, according to internal communications obtained by CNBC. In a recent Google all-hands meeting and in a separate presentation last week, executives presented more… Source link

U.S. stocks rallied Wednesday as strong earnings from Nike and FedEx, along with upbeat consumer confidence data, lifted sentiment after a recent bout of selling. The S&P 500 (^GSPC) surged 1.5%, while the Dow Jones Industrial Average (^DJI) jumped more than 500 points, or 1.6%. The technology-heavy Nasdaq Composite (^IXIC) also advanced 1.5%. An upbeat gauge of consumer confidence helped raise the mood on Wednesday. The Conference Board’s Consumer Confidence Index rose to 108.3 this month… Source link

It’s been a no good, very bad year for private companies eager to make their debuts on U.S. and global exchanges. Through December 14, there have been just 1,333 initial public offerings worldwide in 2022 which collectively raised $179.5 billion, marking a 45% drop in listings raising 61% fewer dollars compared to 2021. “Amid an environment defined by higher inflation and rising interest rates, investors have spurned new public companies and turned to less risky asset classes,” said Paul Go,… Source link

U.S. stocks rallied Monday ahead of a busy week for investors, with key inflation data and the Fed’s last policy meeting of the year on tap over the next two days. The S&P 500 (^GSPC) gained 1.4%, while the Dow Jones Industrial Average (^DJI) increased by 1.5%, or more than 500 points. The technology-heavy Nasdaq Composite (^IXIC) advanced by 1.2%. The rally served as a rebound from stocks’ worst week since September. The S&P 500 dropped 3.4% last week, while the Dow fell 2.8% and the Nasdaq… Source link

U.S. stocks rallied Monday ahead of a busy week for investors, with key inflation data and the Fed’s last policy meeting of the year on tap over the next two days. The S&P 500 (^GSPC) gained 1.4%, while the Dow Jones Industrial Average (^DJI) increased by 1.5%, or more than 500 points. The technology-heavy Nasdaq Composite (^IXIC) advanced by 1.2%. The rally served as a rebound from stocks’ worst week since September. The S&P 500 dropped 3.4% last week, while the Dow fell 2.8% and the Nasdaq… Source link

U.S. stocks rose Monday ahead of a busy week for investors, with key inflation data and the Fed’s last policy meeting of the year serving as highlights. The S&P 500 (^GSPC) rose by 0.5% during midday trading, while the Dow Jones Industrial Average (^DJI) increased by 0.8%. The technology-heavy Nasdaq Composite (^IXIC) advanced by 0.3%. All three major indexes ended with losses during Friday’s trading session, capping the worst week for stocks since September. The S&P 500 dropped 3.4%, while… Source link

Lordstown Motors (RIDE), the embattled EV truck maker, finally has some good news to share with the automotive world, and investors. The company’s long-awaited EV pickup, the Endurance, has achieved full homologation, meaning it now complies with safety requirements for sale in the U.S., the company said. In addition, the Endurance has received EPA and CARB (California Air Resources Board) certification, meaning it is now rated by both agencies. Finally, and most importantly, the company… Source link

Rivian (RIVN) stock jumped after hours as the electric adventure vehicle maker reported a narrower loss than expected loss for the third quarter, and also reaffirmed its full-year production forecast and financial outlook. For the quarter Rivian reported revenue of $536 million, missing estimates of $561.1 million, and reported an adjusted EPS loss of $1.57 a share, smaller than the expected loss of $1.86. More importantly for investors, the company said it would still hit its 25,000 vehicle… Source link

Stocks rallied Tuesday as investors awaited the outcome of the midterm elections in the U.S. The S&P 500 (^GSPC) inched higher by 0.6%, while the Dow Jones Industrial Average (^DJI) ticked higher by 335 points, or roughly 1%. The technology-heavy Nasdaq Composite (^IXIC) edged higher by 0.5% after wavering during afternoon trading. It was the third-straight day of gains for the major indexes ahead of another week of potential market-moving events: corporate earnings, midterm elections, and… Source link