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Stocks rise as Nvidia earnings lift tech shares
Global stocks rose after Nvidia posted a 73% revenue jump, lifting tech shares and boosting the S&P 500 and Nasdaq.
Fed holds rates steady as inflation remains elevated
The Federal Reserve left interest rates unchanged, citing elevated inflation and a stabilizing job market, with investors eyeing a possible June rate cut.
Wall Street hits records as bond yields fall on weak jobs data
U.S. stocks set fresh records as Treasury yields dropped after weak job market data raised concerns, fueling expectations for future Fed rate cuts.
Dow soars 846 points as Wall Street rallies on Fed hopes
Wall Street surged as Jerome Powell hinted at possible Fed rate cuts. The Dow hit a record high, rising 846 points, with S&P 500 and Nasdaq also rallying.
US mortgage rates ease slightly to 6.74% but remain high
The average 30-year U.S. mortgage rate dipped to 6.74%, offering little relief to homebuyers as high borrowing costs continue to pressure the housing market.
US stocks hit record as strong job market lifts yields
US stocks reach new highs as strong jobs data boosts investor confidence and bond yields, lowering hopes for a Fed rate cut and easing recession fears.
US mortgage rate drops to 6.67%, lowest since April
The average 30-year US mortgage rate fell to 6.67%, its lowest since April, boosting hope for homebuyers facing high prices and sluggish housing sales.
Wall Street dips as investors await Nvidia earnings
U.S. stocks fell slightly as investors awaited Nvidia’s earnings. The S&P 500 dipped 0.6% while retailers posted mixed results and bond yields rose.
