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Tech Stocks Rise in Late Trading as Tesla Gains 9%: Markets Wrap

(Bloomberg) — Big Tech rose in the late hours as Tesla Inc. kicked off the “Magnificent Seven” earnings season with solid results. Bond yields rose on bets that the Federal Reserve will take a measured approach to interest rate cuts. Most read by Bloomberg After a stock market selloff on Wednesday, Wall Street pointed to […]

By John Fenwick

October 23, 2024October 23, 2024

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Nasdaq and S&P 500 fall as tech sector leads losses ahead of Tesla's gains

Existing home sales fell in September as home hunters remain hesitant to buy a home despite a cut in mortgage rates during the month. Existing home sales fell 1.0% from August to a seasonally adjusted annual rate of 3.84 million, the National Association of Realtors said Wednesday. That was the lowest rate since October 2010. […]

By John Fenwick

October 23, 2024October 23, 2024

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TSMC Earnings Boost Chip Stocks, Robinhood CEO on New Tools: Morning Brief

The technology sector is getting a boost Thursday morning after Taiwan Semiconductor Manufacturing Company (TSM) beat third-quarter earnings results and raised its 2025 revenue forecast. Morning Brief hosts Seana Smith and Brad Smith wake up investors and report on the biggest market stories before the opening bell. Kathy Bostjancic, Nationwide's senior vice president and chief […]

By John Fenwick

October 17, 2024October 17, 2024

Tag: Federal Reserve

Tech Stocks Rise in Late Trading as Tesla Gains 9%: Markets Wrap

Nasdaq and S&P 500 fall as tech sector leads losses ahead of Tesla's gains

TSMC Earnings Boost Chip Stocks, Robinhood CEO on New Tools: Morning Brief

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