NEW YORK (Reuters) -The Nasdaq and S&P 500 scored record closing highs on Monday, boosted by tech-related shares following the market's strong November gains, as investors awaited this week's economic data including the key monthly jobs report on Friday. The Dow finished lower on the day. Both the Dow and S&P 500 recorded on Friday their biggest monthly percentage gains in a year.
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A measure of the U.S. stock market's valuation once favored by legendary investor Warren Buffett is hovering around levels that Buffett previously compared to "playing with fire," a potential explanation for why he's been selling stock in recent months.
Investors are looking ahead to a week of labor data that could influence the scope of interest rate cuts.
Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market.
Lululemon Athletica is slated to report fiscal third-quarter earnings after the closing bell Thursday. Wall Street analysts' ratings are largely bullish heading into the report.
Oracle shares have roughly tripled from their late-2022 low, making the cloud-computing specialist more valuable than Costco or Netflix.
The chief executive of Britain’s most valuable fintech start-up has taken a swipe at the UK stock market saying it is “not rational” to float in London.
Super Micro Computer (SMCI) shares surged in Monday late-afternoon trade after the artificial intell
(Bloomberg) -- Nuveen LLC, the $1.3 trillion US global asset manager, is targeting wealthy Australian investors to tap into expected growth in the US private credit market via a new fund.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe firm has launched its Nuveen Churchill Private Credit Income Fund, aimed at Australian private wealth, high net worth individuals and family offices, according t