Stocks today: S&P 500, Nasdaq hit new highs as big week begins on Wall Street

Stocks today: S&P 500, Nasdaq hit new highs as big week begins on Wall Street

Apple’s Worldwide Developers Conference (AAPL) event kicked off on Monday in Cupertino, California. as the tech giant announced its long-awaited generative AI initiative: Apple Intelligence. Yahoo Finance’s Dan Howley has the details: The technology, Apple’s first step toward generative artificial intelligence, will be deeply integrated into the company’s hardware and software products ranging from iPhone … Read more

World Markets Watchlist: June 10, 2024

World Markets Watchlist: June 10, 2024

Our Global Markets Watchlist tracks eight prominent indices from economies around the world. The list includes the S&P 500 from the United States, FTSE 100 from England, the DAXK From Germany, CAC 40 from France, Nikkei 225 from Japan, Shanghai from China, Hang Seng from Hong Kong and BSE SEX from India. All eight indices … Read more

Market believes Fed tightening is in play: Strategist

Market believes Fed tightening is in play: Strategist

The NFIB Optimism Index and Consumer Price Index, key economic data, are set to be released ahead of the Federal Reserve’s interest rate decision. Crossmark Global Investments Chief Market Strategist Victoria Fernandez joins Market Domination to discuss the state of inflation and when the next interest rate hike might start. Fernandez explains that despite the … Read more

Mortgage foreclosure volumes tend to rise amid market uncertainty

Mortgage foreclosure volumes tend to rise amid market uncertainty

Mortgage foreclosure volumes rose almost 7% in May as borrowers faced continued rate volatility. Bonds grew at an increased rate of 6.78% in May, compared with 1.87% in April, according to secondary market services provider Mortgage Capital Trading. On a year-over-year basis, mortgage foreclosure volume also increased by 19.84% last month Among the loan categories, … Read more

Toyota reports $15 billion in lost market value

Toyota, the popular Japanese car manufacturer, has been hit by a major scandal, resulting in a staggering loss of $15 billion in market value. Last week, Toyota and Mazda were forced to halt logistics distribution and model manufacturing due to an ongoing investigation by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT). The company … Read more

Stocks today: S&P 500, Nasdaq hit new highs as big week begins on Wall Street

Stocks today: S&P 500, Nasdaq hit new highs as big week begins on Wall Street

Apple’s Worldwide Developers Conference (AAPL) event kicked off on Monday in Cupertino, California. as the tech giant announced its long-awaited generative AI initiative: Apple Intelligence. Yahoo Finance’s Dan Howley has the details: The technology, Apple’s first step toward generative artificial intelligence, will be deeply integrated into the company’s hardware and software products ranging from iPhone … Read more

Exploring post-crisis market trends of the S&P 500

Exploring post-crisis market trends of the S&P 500

Focusing on market dynamics, Julie Hyman of Yahoo Finance takes a deep dive into the historical trading patterns of the S&P 500 Index (^GSPC) following major crises, modeled by Lori Calvasina of RBC Capital Markets. In her analysis, she sheds light on how the index has navigated these periods, comparing past and current market climates. … Read more