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Morning Wrap: ASX 200 to open at fresh all-time highs, S&P 500 and small caps surge on Powell speech
The S&P/ASX 200 is set to open at record highs as Powell opened the door for rate cuts, plus a massive day for FY25 results.
Nvidia faces sky-high expectations ahead of earnings, with risks of downside if results don’t blow past estimates and ...
A look at the shareholders of lululemon athletica inc. (NASDAQ:LULU) can tell us which group is most powerful. The group holding the most number of shares in the company, around 81% to be precise, is ...
At 4:00 p.m. ET (20:00 GMT), the Dow Jones Industrial Average rose 846 points or 1.9% to hit a fresh record close of 45,631.74. the S&P 500 index gained 1.6%, and the NASDAQ Composite climbed 2%.
Following Powell's speech, major stock indices surged. The Dow Jones Industrial Average closed up 800 points or 1.9%, while the S&P 500 gained approximately 1.5%, and the tech-heavy Nasdaq Composite ...
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