Stocks turned positive in midday trading Friday afternoon as investors digested a final slate of corporate earnings and fresh economic data to close out the week. The S&P 500 (^GSPC) rose 0.17{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, while the Dow Jones Industrial Average (^DJI) rose 27 points, or 0.08{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}. The Technology-heavy Nasdaq Composite (^IXIC) rose […]
Finance News
Traders work on the floor of the New York Stock Exchange, November 16, 2010.Brendan McDermid/Reuters Exit the stock rally now as the S&P 500 index could tumble about 22{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, according to the chief market strategist at FS Investments. The benchmark index is up about 8{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} so far in 2023 on […]
Stocks finished lower on Friday but logged weekly gains across the board while shares of JPMorgan (JPM) rallied more than 7{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f} following a strong quarterly earnings report. At the closing bell on Friday the S&P 500 (^GSPC) was off 0.21{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, the Dow Jones Industrial Average (^DJI) was down 0.42{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, and the […]
A trader works on the floor of the New York Stock Exchange. Jason Decrow Alejandro Lopez-Lira, a finance professor at the University of Florida, says that large language models may be useful when forecasting stock prices. He used ChatGPT to parse news headlines for whether they’re good or bad for […]
U.S. stocks wavered Tuesday, with the Tech sector taking a nosedive as key inflation data and the start of earnings season loomed on the week’s calendar. The S&P 500 (^GSPC) was flat, reversing its gains from earlier in the trading session. The Dow Jones Industrial Average (^DJI) gained about 0.29{b56f7a0c6479bc075d08fb7619591a4c4023144d1b4aceb7f3fe2776303deb2f}, while […]
(Bloomberg) — The line commences forming outside the central bank in downtown La Paz in the dead of the night time. Hunkered down beneath blankets and sipping incredibly hot chocolate to fend off the chill at 12,000 toes up in the Andes, they wait for several hours and hours for […]