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%, while the Dow Jones Industrial Average (^DJI) rose 27 points, or 0.08%. The Technology-heavy Nasdaq Composite (^IXIC) rose […]
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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%, while […]
U.S. stocks marched upward Thursday, with tech stocks leading the Nasdaq higher than other indexes, after fresh data pointed to a gradual softening of labor market conditions ahead of the highly anticipated Friday jobs report. The S&P 500 (^GSPC) added 0.4%, while the Dow Jones Industrial Average (^DJI) hovered just […]
U.S. stocks sank and oil prices hold regular Tuesday amid two crucial pieces of details: the JOLTS career openings survey, which showed a softening in the labor industry, and factory orders data. The S&P 500 (^GSPC) declined almost .58% and the Dow Jones Industrial Typical (^DJI) slipped .59%. The technological innovation-large Nasdaq […]
Oil selling prices surged on Monday, pushing the Dow larger and presenting buyers with a new wrinkle to start the 2nd quarter immediately after a initially-quarter rally kickstarted markets in 2023. When the closing bell rang on Wall Street on Monday, the S&P 500 (^GSPC) was up .37%, the Dow […]