US stocks rallied on Monday (September 22nd) as Wall Street extended its record high, driven by optimism for megacap Big Tech companies. The S&P 500 rose 0.4%, the Nasdaq gained 0.5%, and the Dow Jones Industrial Average rose 66 points, with all three indexes closing at new highs.
Nvidia jumped 4% after announcing an investment of up to $100 billion in OpenAI, lifting the S&P 500 and Nasdaq, while Oracle surged 6.3% following a leadership change and continued enthusiasm for AI. Apple shares rose 4.3%, supported by strong demand for the iPhone 17, and Tesla rose 1.9%, reaching a 2025 high as investors anticipated new products and advances in self-driving technology.
Conversely, Kenvue fell 7.5% after President Trump suggested a link between Tylenol use during pregnancy and autism, a claim denied by the company and medical experts. Market participants remain focused on the Federal Reserve following its 25 basis point interest rate cut last week, with officials emphasizing that controlling inflation remains a priority over further easing. (alg)
Source: Trading Economics
Stocks in Europe were higher on Tuesday, with the STOXX 50 adding 0.5% and the STOXX 600 rising 0.6%, extending gains from the previous session, amid further signs the end of the US government shutdow...
Asian stocks advanced for a second consecutive day as progress toward ending the record-long US government shutdown lifted sentiment, sparking a cross-asset rally from commodities to cryptoc...
US stocks started the week strongly, with the S&P 500 rising 1.6%, the Nasdaq gaining 2.4%, and the Dow Jones Industrial Average rising about 415 points after the Senate approved a procedural move...
European stocks rallied on Monday (November 10th), rebounding from a three-week low hit on Friday, as investors welcomed early signs that the historic US government shutdown was nearing an end and as ...
Wall Street's main indexes opened higher on Monday, with risk sentiment aided by signs of progress in Washington to end a record U.S. government shutdown that has stalled economic data releases and in...
Brent crude oil futures fluctuated between small gains and losses at around $64 per barrel on Monday, as traders awaited fresh reports on a possible global oil surplus. OPEC will release its monthly outlook Wednesday, alongside the IEA's annual...
Global financial market optimism has increased after the latest data indicated a strong chance that the Federal Reserve (The Fed) will cut interest rates in December 2025. According to the CME FedWatch Tool, the probability of a 25 basis point...
Stocks in Europe were higher on Tuesday, with the STOXX 50 adding 0.5% and the STOXX 600 rising 0.6%, extending gains from the previous session, amid further signs the end of the US government shutdown is close. After a pact reached in the Senate...
The longest government shutdown in U.S. history could end this week after a compromise that would restore federal funding cleared an initial Senate...
Global stock markets rallied at the start of the week amid growing optimism that the US government shutdown will soon end. S&P 500 futures rose...
Asian stocks advanced for a second consecutive day as progress toward ending the record-long US government shutdown lifted sentiment,...
China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to amount to a complete rollback of...