The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.
With less than a week until Inauguration Day, former President Donald Trump’s team is rallying support for his “Make America Wealthy Again” (MAWA) agenda, a continuation of his America First policies. In a video released to Breitbart News, Trump lays out his promises to reduce costs and reinvigorate the economy by prioritizing energy independence, cutting taxes, and fighting inflation.
Congressional Democrats outpaced the S&P 500, according to data collected by Unusual Whales. The portfolios were seven points higher than the S&P 500, or 24%.
The election of Donald Trump to a second presidential term is fueling a wave of economic optimism, with business confidence reaching its highest level in 18 months. S&P Global’s latest data reveals accelerated growth across the services sector, underscoring the positive impact of Trump’s anticipated pro-business policies.
U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.
All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.
President-elect Donald Trump’s plan to impose a 25% tariff on Mexico unless it curtails drug trafficking and illegal migration risks igniting economic and diplomatic...
The stock market is recording its strongest month this year following President-elect Donald Trump’s victory in the 2024 election, reflecting investor optimism about the economic outlook under the incoming administration.