Highs

Dow Fails to Break 40,000 Barrier Despite Record Highs

New York – Investors on Wall Street capped off a strong week as the Dow Jones Industrial Average closed with a minor decline of 0.7% on Friday, failing to reach the coveted 40,000 mark during regular trading hours. Despite this, the index still achieved its best performance since December, marking a significant milestone for the market. Throughout the week, all three major indexes saw consecutive sessions ending at record highs and the Nasdaq setting a …

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Nvidia Grace Hopper Superchip Sends US Stocks Skyrocketing to Record Highs

New York – U.S. stocks surged to new heights on Thursday following the impressive earnings report from Nvidia, the third-largest company on Wall Street. The stock market was bolstered by this news, with both the S&P 500 and Dow Jones Industrial Average reaching new record highs, and the Nasdaq coming close to its own all-time high. The Dow closed the day 457 points, or 1.2%, higher, while the S&P 500 gained 2.1% and the Nasdaq …

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Momentum: Lower-Cost Trade Strategy for S & P 500 After Reaching New All-Time Highs

Investors in New York City are celebrating as the first six weeks of 2024 have been lucrative, with the equity market reaching new all-time highs. The $8 trillion in cash sitting on the sidelines represents cautiousness among some investors, while others focus on the better-than-expected earnings season, continued consumer strength, and cooling inflationary data in the U.S. Global investors are also eyeing the possibility of the S&P 500 hitting the 5,100 mark before falling below …

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