Stock Market Today: Dow, S&P 500 and NASDAQ futures waver
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Stocks fell broadly on Friday, as traders pared their bets on artificial intelligence in an increasingly uncertain market for tech. The S&P 500 and the Nasdaq Composite each ended the week lower, after posting two weeks of gains.
Dow, S&P 500, Nasdaq on pause as all eyes on Fed verdict — a likely rate cut: Stocks paused today as the Dow hit 47,655.93. The S&P 500 inched to 6,841.36. The Nasdaq slipped to 23,527.45. Markets priced a 90% chance of a Fed rate cut.
Oracle was one of the heaviest weights on the market after analysts said they were surprised by how much the tech giant plans to spend on AI infrastructure.
U.S. stock futures rose on Thursday after advancing on Wednesday. Futures of major benchmark indices were slightly higher. Meanwhile, as Wall Street chatter about a December rate cut and a new Federal Reserve Chair took center stage,
Shares of Tapestry Inc. rallied 4.89% to $123.49 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.21% to 6,901.00 and the Dow Jones Industrial Average rising 1.
US stock futures traded mixed on Friday after Wall Street’s rotation from tech into value and cyclical names propelled the Dow and S&P 500 to new records. Wall Street is looking to end the week on a high note,
More drops for superstars caught up in Wall Street’s artificial-intelligence frenzy knocked the U.S. stock market off its record highs.
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Stock market today: Nasdaq lags as Broadcom slumps; Tesla rival soars (live coverage)
Stock Market Today: The Dow Jones index turned lower Friday, and AI stocks faltered as Broadcom stock plunged on earnings.