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Nasdaq down 3% as China's AI startup shakes Big Tech stocks; Nvidia down 11%

Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, US.
Updated on Jan 27, 2025 10:51 PM IST

US stocks surge on rate cut hopes ignoring France, South Korea political crises

The Dow finished above 45,000 for the very first time. Most of the gains were from larger tech and AI names like Nvidia and Microsoft.
Published on Dec 05, 2024 08:36 AM IST

US stock market at record high as investors cannot keep calm after Fed rate cut

Television stations broadcast Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US.
Published on Sep 20, 2024 07:55 AM IST

Why did the US stock market rally today?

Thursday stocks opened up slightly up in the three major indexes a day after the Dow Jones and the S & P 500 had their worst day of trading since 2022, amid a global market sell-off centered around fears of a U.S. recession. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
Published on Aug 09, 2024 09:19 AM IST

Dow surpasses 40,000, world stocks hit record amid rate cut hopes

The Dow Jones Industrial Average eclipsed 40,000 for the first time on Thursday as investors grow confident that the stock market rally can keep running on hopes the Federal Reserve will start cutting interest rates later this year.
Published on May 17, 2024 07:47 AM IST
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