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S&P 500 Hits New Record as Dow Surges

Stocks on the New York Stock Exchange surged on Wednesday to recover from several days of declines. The S&P 500 surged by 0.8% to close at a new record high of 5,248.50. The Dow Jones Industrial Average skyrocketed by 1.2% while the tech-heavy Nasdaq...

U.S. Stocks Pause as Boeing CEO Set to Depart

Stocks on the New York Stock Exchange paused on Monday, taking a breather from their rally last week following news that Boeing CEO Dave Calhoun is set to step down from his role at the end of the year. Shares in the aircraft manufacturer...

Goldman Sticks With S&P 500 Year-End Forecast of 5,200 Amid Strong Economic Data

Goldman Sachs Group Inc. has decided to stand by its year-end forecast of a 5,200 close for the S&P 500 while also leaving room for tech stocks to drive further growth that could lead to a further 15% rise. The decision to stick to...

Dow Slips as Nasdaq Hits Record High

U.S. stocks wrapped up the week mixed with investors focused on digesting the latest Federal Reserve policy meeting, with the central bank assuring investors that it appears to still be on track with its interest rate-cutting agenda. While the Dow Jones Industrial Average slipped about...

U.S. Stocks Continue Record Run

Stocks on the New York Stock Exchange continued their record-setting rally on Thursday as investors' optimism grew following the Federal Reserve's policy meeting this week. The Fed assured investors that it would remain on track for its forecasted policy trajectory, introducing two to three...

Fed Sticks to Rate Cut Agenda, Sending Stocks Higher

The Federal Reserve held its March meeting on Wednesday, keeping its interest rates unchanged. Fed Chair Jerome Powell announced later in the day that while officials would like to see more evidence of falling prices before taking action, they maintain their agenda for introducing...