By David French (Reuters) – The S&P 500 and Dow Jones Industrial Average eked out another closing record high on Friday, with all three Wall Street benchmarks scoring weekly gains, as artifi[...]
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February 23, 2024
Stocks eke out gain as Nvidia rally slows, yields slip
By Herbert Lash NEW YORK (Reuters) -A gauge of global equity markets lost steam on Friday but still set a new high amid optimism over Nvidia’s potent results, while Treasury yields fell as the m[...]
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TSX ends higher, wraps up week with gains
(Reuters) -Canada’s main stock index gained on Friday, wrapping up the week on a positive note, helped by gains in material and tech stocks. The Toronto Stock Exchange’s S&P/TSX compos[...]
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S&P puts Paramount Global on negative watch as streaming competition grows
(Reuters) -Ratings agency S&P on Friday placed Paramount Global’s credit rating on a negative watch, citing low operating cash flow generation at the media conglomerate due to the ongoing de[...]
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Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street
By Aditya Soni and Patturaja Murugaboopathy (Reuters) -Nvidia briefly hit $2 trillion in market value for the first time on Friday, riding on insatiable demand for its chips that made the Silicon Vall[...]
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Soaring US stocks could take cues from Fed as earnings wind down
By Lewis Krauskopf NEW YORK (Reuters) – Strong corporate results have helped fuel the S&P 500’s climb to new highs this year, taking the focus away from the Federal Reserve’s tortuous path t[...]
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Moody’s says hack against UnitedHealth is credit negative for company
(Reuters) -Credit Rating agency Moody’s said on Friday that the recently reported hack against UnitedHealth Group was “credit negative” for the company. The agency cited potential[...]
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Oil ends lower, posts weekly decline as US rate cut hopes dim
By Nicole Jao NEW YORK (Reuters) -Oil prices fell nearly 3% lower on Friday and posted a weekly decline after a U.S. central bank policymaker indicated interest rate cuts could be delayed by at least[...]
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Dollar index on track for first weekly fall this year
By Karen Brettell NEW YORK (Reuters) -The U.S. dollar index was on track for its first weekly fall in 2024 on Friday as investors took a breather from buying the currency following an almost two-month[...]
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