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...The S&P 500 closed 0.2 per cent higher, up 1.9 per cent this week, while the tech-heavy Nasdaq Composite ended flat for a rise of 1.1 per cent since Monday morning....
...jennifer.hughes@ft.com...
...The S&P 500 and the tech-heavy Nasdaq Composite were both broadly flat by mid-afternoon in New York, although still on course for their first three-week run of gains in three months....
...Investors were jittery as the Federal Reserve began a two-date rate-setting meeting....
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...But Astera’s moderation, and its shares at nearly double their IPO price, suggests that a sensible approach is so far being rewarded. jennifer.hughes@ft.com...
...The S&P 500 was off 0.8 per cent and the tech-heavy Nasdaq Composite down 1 per cent by mid-afternoon. Both are down 3.4 per cent this month....
...Wall Street’s major stock gauges both closed at fresh record on Friday for a second straight week of gains as the biggest tech stocks continued to advance while soft data boosted rate cut hopes....
...A blowout quarter was poised to end with a whimper on Thursday as investors chose to hold off bets ahead of fresh inflation figures and comments from Fed chair Jay Powell....
...Trump Media went public through a merger with a blank-cheque company late last month....
...In the US, the S&P 500 has added 7.9 per cent....
...Some of the ones that have attracted attention: a company called Phunware — spelled p-h-u-n, ware — which is a mobile software developer. And there was another called Bit Brother....
...Since a painful 10 per cent correction between July and October, the S&P 500 has risen more than 25 per cent....
...A rapturous standing ovation was rewarded with a rendition of Dvořák’s Slavonic Dance in C (op 72 no 7), whose verve-dispensing sparkle had us all filing into the District’s balmy night with renewed cheer...
...The S&P 500 index of blue-chip companies is up more than 9 per cent since the start of the year....
...The cooling labour market spurred a 1.3 per cent gain for the blue-chip S&P 500 index, ending a week in which Federal Reserve chair Jay Powell signalled that rates would remain at a 23-year high of 5.25-...
...Hopes for capital raising have been bolstered by a stock market rally that has lifted the S&P 500 index to a record high, gaining 27 per cent since a late-October low....
...The benchmark S&P 500 has climbed 19 per cent in six months, while volatility — a threat to would-be floats — has remained low....
...Stocks have rallied strongly this year, with the blue-chip S&P 500 enjoying its best start to a year since 2019, having risen 10.2 per cent in the first quarter of 2024....
...The S&P 500 has yet to eclipse its intraday high for 2023, which was reached in July. The Nasdaq Composite rose 0.6 per cent on Friday to a four-month high....
...A Wall Street rally was knocked off course on Friday after a senior Federal Reserve official cautioned against expecting interest rate cuts any time soon....
...Penny stocks are having a moment....
...So far the rethink on rates has done little to cool stock markets, with the S&P 500 index of blue-chip stocks up 7.4 per cent this year — helped by the strength of the US economy and excitement about the...
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