Today: 17. Dec, 2024
In a week marked by impressive gains, Wall Street managed to maintain its upward trajectory as the U.S. stock market steadied on Monday. The S&P 500 increased by 0.3% in morning trading, building on its performance from what was its best week…
The solar power sector, including major companies like SolarEdge Technologies and Sunrun, has experienced a significant decline in stock prices due to persistently high interest rates. However, there is optimism that the situation may improve as Wall Street anticipates a potential decrease…
In a dramatic shift within the housing market, mortgage refinancing applications surged by 35% last week as interest rates reached their lowest point in over a year. This uptick reflects a notable reaction from homeowners who, after a period of adjustment, seized…
The S&P 500 has achieved its most significant four-day rally this year, with a remarkable 1.7% surge. This upward momentum in the stock market was primarily driven by substantial gains in some of the world’s largest technology companies. The rally came in…
According to a recent report from TransUnion, credit card debt is surging, with the average consumer now carrying $6,329 in debt. The Federal Reserve Bank of New York has also revealed that Americans owe a record $1.14 trillion on their credit cards.…
In 2024, the largest U.S. banks have started off with a bang, surpassing many expectations and showing promise for ongoing success. The S&P 500 has provided a notable 15.3% total return for investors in the first half of the year, yet some…
The Canadian housing market has experienced a noticeable shift, with fewer home sales and lower average housing prices compared to last year. The Canadian Real Estate Association (CREA) has responded by lowering both sales and price forecasts for 2024 and 2025, reflecting…
Wall Street remained essentially flat before the opening bell today as the latest quarterly earnings from banks and new inflation data presented a mixed picture for investors. Market Overview Futures for the S&P 500 were unchanged, while futures for the Dow Jones…
Wall Street enjoyed another day of substantial gains on Wednesday, extending its impressive rally. In the afternoon, the S&P 500 rose by 0.7%, positioning itself for its 37th record high this year. Meanwhile, the Dow Jones Industrial Average advanced by 205 points,…
Wall Street’s major indexes experienced mixed performance on Friday, with the Nasdaq recovering from earlier losses as mega-cap tech stocks showed resilience. Investors also processed stronger-than-expected U.S. business activity data, contributing to the overall market dynamics. Megacap Tech Stocks Lead Recovery In…
