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Dow closes 320 points higher as US stocks rebound after rate hike

US stocks rebounded sharply on Thursday as falling Treasury yields and oil prices helped investors move beyond the previous day’s losses following the Federal Reserve’s first interest-rate hike in three years. Technology stocks led the recovery, with the Nasdaq Composite posting the largest gain among the major indexes. The Dow Jones Industrial Average rose 319.73

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Evening digest: Fed hikes rates as US stocks fall, gold retreats

US markets ended lower on Wednesday after the Federal Reserve raised interest rates by 25 basis points and signalled that another increase could follow. The decision came as policymakers raised their near-term inflation forecasts, while oil prices declined on easing concerns over Saudi supply disruptions and gold reversed earlier gains. Fed hikes rates as inflation

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Dow closes 300 pts lower as Treasury yields hit 2007 high ahead of Fed rate decision

US stocks fell on Tuesday as investors looked ahead to the Federal Reserve’s interest-rate decision and rising Treasury yields added pressure to equity valuations. The Dow Jones Industrial Average fell 330.74 points, or 0.63%, to 52,090.46. The S&P 500 dropped 0.45% to 7,585.51, while the Nasdaq Composite declined 0.77% to 25,983.58. The broader decline came

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Dell stock dips amid the AI safety jitters: is the end of the bull run?

Dell stock retreated in the premarket session as investors dumped technology shares amid concerns about artificial intelligence (AI). It retreated to $550 from last Friday’s close of $567 also as investors started to book profits. Still, on the positive side, some bullish catalysts may boost the stock in the near term.  Dell stock slips amid

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Micron, Nvidia, AMD stocks at risk as Anthropic, OpenAI leads push to slow AI growth

Top artificial intelligence (AI) stocks like Micron, Nvidia, AMD, and other firms like SanDisk and Western Digital will be in focus as concerns about the industry rose after Anthropic’s Dario Amodei urged a slowdown to AI model development. Anthropic’s CEO called to slow AI development Nvidia stock ended the week at $218, down from the

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Why SpaceX stock is up around 1% on Friday

SpaceX (SPCX) stock rose more than 1% on Friday to around $149 after initially slipping, extending its recovery from this week’s decline as investors digested another major artificial intelligence compute agreement. The latest contract could add $1.11 billion in monthly revenue beginning December 1, according to CFO Bret Johnsen, who disclosed the agreement at Goldman

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Dow closes 300 pts lower as US crude oil tops $100 and Fed rate-hike bets rise

US stocks fell on Thursday as oil prices climbed above $100 a barrel, fuelling concerns over inflation and increasing expectations that the Federal Reserve could raise interest rates next week. The Dow Jones Industrial Average fell 316 points, or 0.60%, while the S&P 500 declined 0.58%. The Nasdaq Composite also dropped 0.65%. The declines came

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Dow falls 400 pts as oil tops $100 and treasury yields hit 2023 high

US stocks fell for a third straight session on Wednesday as rising oil prices and Treasury yields added to investor concerns over inflation and the Federal Reserve’s interest-rate path. The Dow Jones Industrial Average dropped 405.41 points, or 0.77%, to 52,380.66. The S&P 500 fell 0.48% to 7,636.36, while the Nasdaq Composite declined 0.64% to

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Solana tests $100 as whale traders bet on a rebound

Solana is down 2% on Tuesday and is now trading around $102. However, several large derivatives traders are betting that the cryptocurrency will resume its recent uptrend. Five whale addresses on Hyperliquid opened a combined $9.11 million in SOL long positions between September 7 and September 8, according to CoinGlass data. The positions come ahead

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Crypto price predictions: Dogecoin, XRP, Venice Token (VVV)

The crypto market is doing well this weekend, with altcoins doing better than Bitcoin. Some of the top gainers are coins like Arbitrum (ARB), Zcash (ZEC), and PancakeSwap (CAKE). This article provides a forecast for top coins like Dogecoin (DOGE), Ripple (XRP), and Venice Token (VVV).  Dogecoin price prediction The daily chart shows that the

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