Page 5 - Jake Dollarhide News Today

U.S. stocks were lower in afternoon trading on Thursday, with the Nasdaq down about 1% after this weeks sharp gains and investors nervous ahead of Federal Reserve Chair Jerome Powells speech...

US stocks closed mixed, buoyed by the Dow tenth straight day of wins, reflecting more weight in healthcare and financials, as opposed to tech stocks.

While the Fed is widely expected to raise interest rates by 25 basis points at its July 25-26 meeting, investors have mixed views on the central banks longer-term monetary policy.

Analysts attributed Fridays volatile trading to the expiration of monthly options and the expected special rebalancing of the multi-trillion dollar Nasdaq 100 following the close of trading.

AmEx falls after Q2 revenue loss, FY profit outlook unchangedSLB falls on weak quarterly earningsWin a long winning streak of over 6 yearsIndexes Up: S&P

By Noel Randewich and Bansari Mayur Kamdar (Reuters) - U.S. stocks ended mixed on Friday, with the Dow Jones Industrial Average rising marginally to notch

"If you look at the amount of student loan debt we have in this country it's astounding," said Robert O'Gara who's frustrated with the ruling.

Even with tech stocks rallying this year after a brutal 2022, internet and software companies are steering clear of the IPO market.

Fed expected to hold rates this week

The S&P 500 and the Nasdaq rallied on Monday to their highest closing levels since April 2022, while Oracle hit a record high ahead of quarterly results as investors awaited inflation data and the Federal Reserve's interest rate decision this week. Lifted by gains in market heavyweights Amazon, Apple and Tesla, the S&P 500 has now recovered 21% from its October 2022 lows. Have investors become more complacent?