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On Tuesday (November 6, 2024), U.S. stocks rallied as voters headed to the polls on the last day of the presidential election and as more data piled up showing the economy remains solid. The S&P 500 rose 1.2% to pull closer to its record set last month. The Dow Jones Industrial Average climbed 427 points,…
Read More “U.S. Stock market: Wall Street rallies on Election Day as economy remains solid” »
Today, Nvidia dominates the graphics industry. Until quite recently, Nvidia wasn’t much of a household name outside of Silicon Valley or Wall Street. But times clearly have changed for the Santa Clara, California-based tech company with the easily mispronounced moniker. Across a growing range of technologies and gadgets, tiny chips made by Nvidia play an…
Read More “How Video Games Turned Nvidia Into A Tech Giant” »
U.S., European, Japanese bond rout deepens; 10-year Treasury yields hit 16-year high above 4.88%; Wall Street mixed, Euro STOXX 600 lower NEW YORK/LONDON A rout in government bond markets deepened early on October 4 with benchmark U.S. yields hitting fresh 16-year highs as investors bet that persistently high interest rates will slow world growth and…
Read More “Global bond rout deepens before receding on relief rally” »