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Stocks dip as S&P 500 eases from record high
NEW YORK (AP) — Wall Street is taking a pause on Thursday as U.S. stocks and even the price of gold pull back from record highs following their torrid runs. The S&P 500 fell 0.4%, coming off its latest all-time high and its eighth gain in the last nine days. The Dow Jones Industrial Average fell 278 points, or [&hellip[...]
Fed minutes show split on future interest rate cuts
Fed minutes reveal support for more rate cuts this year but highlight divisions over inflation risks and economic slowdown.
Wall Street slips after record run as gold tops $4,000
Stocks ended an eight-day winning streak as Tesla and Oracle fell, while gold surged past $4,000 on inflation and political worries.
S&P 500 hits new highs as AI fuels market rally
U.S. stocks climb on AI momentum with AMD-OpenAI deal, while global markets react to political shifts in Japan and France.
US stocks hit new highs despite government shutdown
AOL has officially shut down its dial-up internet service, marking the end of an era that first connected millions to the web.
Wall Street yawns at DC’s looming shutdown as US stocks head toward another winning month
U.S. stocks inched higher Tuesday, with the S&P 500 on track for a fifth straight winning month despite looming government shutdown risks.
TowneBank grows market share via M&A
TowneBank is once again the leader in the Hampton Roads banking market, holding a nearly 30% share as of June 2024. That’s set to grow quickly. Towne’s $203 million acquisition of Norfolk-based Old Point National Bank of Phoebus and its parent company closed in September. In August, TowneBank announced it plans to ac[...]
Wall Street rises as tech stocks rebound ahead of jobs data
NEW YORK (AP) — Wall Street ticked higher on Monday as technology stocks recovered some of their losses from late last week. The S&P 500 added 0.3%. The Dow Jones Industrial Average rose 68 points, or 0.1%, and the Nasdaq composite climbed 0.5%. All three are near their all-time highs set a week ago. Big Tech stocks tic[...]
Dollar set for second straight week of gains after data shows US economic resilience
NEW YORK (Reuters) -The dollar edged lower but was still on track for the second straight week of gains against major peers on Friday after data continued to show U.S. economic resilience, which might complicate the Federal Reserve‘s efforts to cut interest rates. The dollar was down 0.1% to 149.65 against the Japanese yen[...]
Wall Street holds near its record heights
U.S. stocks eased Tuesday after record highs, with Nvidia slipping and gold prices soaring past $3,800 amid Fed rate-cut expectations.
US stocks drift toward more records following Wall Street’s relentless rally
U.S. stocks edge higher as the S&P 500, Dow and Nasdaq aim for fresh records, boosted by Nvidia’s OpenAI deal and Oracle’s TikTok prospects.
Wall Street edges higher as markets eye record week
Wall Street opened slightly higher Friday as Nvidia and Intel extend gains, while FedEx and Lennar earnings move individual stocks.
