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Express News | A historic moment! The Nasdaq Index has first reached 20,000 points, setting a new historical high.
Annual Review | The strongest sector in US stocks for 2024 has been revealed! Technology stocks are leading the way, with the "new AI superstar" Applovin skyrocketing over 700%, and NVIDIA rising over 170% at one point becoming the top company by Market C
The three major U.S. stock indices have repeatedly set historical highs this year, with the Dow Jones Industrial Average once breaking the 45,000-point barrier, and the Nasdaq continually approaching the 20,000-point mark. Even more exciting is that the S&P 500 Index has successfully stood above 6,000 points, marking the 57th closing high of the year.
Major Indexes Are Higher Following In-line US Inflation Data.
Wall Street Gains, Tech Rallies, Tesla Hits All-Time Highs As Inflation Data Firms Up Fed's Next Interest Rate Cut
Express News | The Bank of Canada has cut interest rates by 50 basis points for the second consecutive month.
The USA CPI is as expected; did the Federal Reserve's interest rate cut in December become stable?
The latest CPI report indicates that inflation is not worse than expected, and analysts believe this paves the way for the Federal Reserve to cut interest rates by 25 basis points next week.