(Bloomberg) — Big tech dragged the stock market away from its all-time highs, with Wall Street awaiting Nvidia Corp.’s earnings on Wednesday for confirmation the chipmaker can meet the lofty expectations set by the artificial-intelligence boom. While the ongoing earnings season has so far reaffirmed the view that Corporate America is holding up well, the…
(Bloomberg) — Wall Street traders looked past mixed economic data, sending stocks and bonds higher before an inflation reading that will help define the Federal Reserve’s next steps. The S&P 500 approached another all-time high despite losses in its most-influential group: technology. A drop in retail sales helped soothe investors’ nerves about an overheated…
(Bloomberg) — Wall Street traders looked past mixed economic data, sending stocks and bonds higher before an inflation reading that will help define the Federal Reserve’s next steps. The S&P 500 hit another record despite losses in its most-influential group: technology. A drop in retail sales helped soothe investors’ nerves about overheated consumer demand…
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