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Showing posts from May, 2024

Stock market today: Nasdaq sinks as tech sell-off intensifies - Yahoo Finance

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Shares of Trump Media & Technology Group ( DJT ), the parent company of former President Donald Trump's social media platform Truth Social, bounced back from extended hour trading losses to rise about 6% early Friday after Trump was found guilty on all 34 counts of falsifying business records intended to influence the 2016 presidential campaign. Trump, who will likely appeal the verdict, will be sentenced on July 11 and faces up to four years in prison on each count. Trump Media, the parent company of Truth Social, went public on the Nasdaq after merging with special purpose acquisition company Digital World Acquisition Corp. Shares have fallen about 10% since the company's public debut at the end of March . Trump founded Truth Social after he was kicked off major social media apps like Facebook and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. Trump has since been reinstated on those platforms, although the former president almost

Stock market today: Live updates - CNBC

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Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024. Michael M. Santiago | Getty Images The S&P 500 slipped on Friday, as investors took profits on Nvidia and this week's market breather continued despite the Federal Reserve's preferred inflation measure coming in largely around expectations. The broad S&P 500 lost 0.8%, while the Nasdaq Composite tumbled 1.6% as Nvidia and other megacap technology stocks took a hit. The Dow Jones Industrial Average traded higher by 62 points, or 0.2%, buoyed by UnitedHealth 's advance of more than 2%. The S&P 500 and Nasdaq were each on pace to snap five-week win streaks with slides of 2.1% and 2.7%, respectively. The blue-chip Dow slipped 2.4%, heading for a second straight week of losses. Despite those moves, it is shaping up to be a winning May, with each of the major benchmarks set to register a sixth positive month in seven. The Dow is up 0.9% this month, while t

Stock market today: Stocks fall even as inflation measure slows - Yahoo Finance

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Shares of Trump Media & Technology Group ( DJT ), the parent company of former President Donald Trump's social media platform Truth Social, bounced back from extended hour trading losses to rise about 6% early Friday after Trump was found guilty on all 34 counts of falsifying business records intended to influence the 2016 presidential campaign. Trump, who will likely appeal the verdict, will be sentenced on July 11 and faces up to four years in prison on each count. Trump Media, the parent company of Truth Social, went public on the Nasdaq after merging with special purpose acquisition company Digital World Acquisition Corp. Shares have fallen about 10% since the company's public debut at the end of March . Trump founded Truth Social after he was kicked off major social media apps like Facebook and Twitter, the platform now known as X, following the Jan. 6 Capitol riots in 2021. Trump has since been reinstated on those platforms, although the former president almost

Stock Market Today: Dow Edges Up After PCE Inflation Report; DJT, Dell, Nvidia, Salesforce, Alibaba, and More Movers - Barron's

The Nasdaq Composite is stumbling toward the finish line this month. The tech-heavy index is down 1.4% as traders appeared to be selling highflying tech stocks on the last day of May. That brings this index's gains down to 5.4% this month, which is worse than last year’s 5.8% gain. Just two days ago it was up 8% on the month, on pace for its best May since 2003. Technology was the S&P 500’s worst-performing sector on Friday. Paycom Software, HP Inc., Super Micro Computer, Vistra, NRG Energy, and Hewlett Packard Enterprise were the S&P 500’s worst performing stocks. The iShares Semiconductor ETF was down 3%. Adblock test (Why?) from "market" - Google News https://ift.tt/h6jSDam via IFTTT

Stock Market Today: Dow Falls More Than 350 Points; Best Buy, Salesforce in Focus - The Wall Street Journal

[unable to retrieve full-text content] Stock Market Today: Dow Falls More Than 350 Points; Best Buy, Salesforce in Focus    The Wall Street Journal Stock Market Today: Dow, S&P Live Updates for May 30    Bloomberg Stocks fall as Salesforce drops and investors brace for inflation data: Live updates    CNBC from "market" - Google News https://ift.tt/X1yFbOz via IFTTT

The bond market is freaking out about inflation. It could be very wrong. - TheStreet

[unable to retrieve full-text content] The bond market is freaking out about inflation. It could be very wrong.    TheStreet from "market" - Google News https://ift.tt/TPueAn4 via IFTTT

Current state of the housing market via housing economist Ali Wolf - Fast Company

[unable to retrieve full-text content] Current state of the housing market via housing economist Ali Wolf    Fast Company from "market" - Google News https://ift.tt/NBzTQM6 via IFTTT

5 Things to Know Before the Stock Market Opens - Investopedia

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Anglo American says it won’t give rival mining giant BHP Group ( BHP ) more time to commit to buying it, signaling an end to the roughly $50 billion bid; Marathon Oil ( MRO ) shares are surging after ConocoPhillips ( COP ) acquires it for $22.5 billion including debt; Salesforce ( CRM ) is due to report higher top- and bottom-line first-quarter results after the bell, with investors watching for growth in the company's data cloud segment and any updates related to artificial intelligence (AI) ; American Airlines ( AAL ) shares are tumbling in premarket trading after it lowered its second-quarter guidance and announced a key executive departure; and the International Monetary Fund (IMF ) raises its forecast for China’s growth for 2024 and 2025, citing strong first-quarter GDP and stimulus measures by Beijing. U.S. stock futures are falling. Here’s what investors need to know today. 1. Anglo American Signals End to BHP Takeover Battle Anglo American said it won’t give rival min

Farmers market season is back. When and where are the options in Tri-Cities? What to know - Tri-City Herald

The Pasco Farmers Market is on North 4th Avenue near West Lewis Street. Farmers market season is upon us — now you can look through rows and rows of local vendors with food, drinks, handmade products and more while strolling through an iconic Tri-Cities location. The only question is which location, or locations, you’ll choose to check out. The Tri-Cities area is home to a multitude of farmers markets, some located in historic places like Peanuts Park in Pasco and the Columbia River Warehouse. There are also newer thriving locations like Summer’s Hub in Kennewick. Tri-Cities Farmers Markets ▪ Pasco Farmers Market - 426 W. Lewis St. Every Saturday from May to October, 9 a.m. to 1 p.m. This downtown Pasco farmers market takes place under covered pavilions, providing shade when it’s hot and protection when it’s rainy. Find an abundance of vendors, offering seasonal fruits and vegetables, handmade goods, hot food and more. There are often live music performances as w

FRESHFARM takes over Southeast farmers market in Ward 8 - WTOP

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FRESHFARMi is assuming operations of the Ward 8 farmers market at THEARC campus at 1901 Mississippi Avenue, Southeast D.C.(Courtesy Building Bridges Across the River) FRESHFARM , which operates more than two-dozen farmers markets in the D.C. region, is adding another, assuming operations of the Ward 8 farm stand at THEARC campus at 1901 Mississippi Ave. Southeast. FRESHFARM has partnered with nonprofit Building Bridges Across the River to operate its existing seasonal farmers market. The market will operate every Saturday from June 1 to Nov. 30. FRESHFARM had previously sold produce to Building Bridges through its wholesale program. The farmers market will have several programs to expand access to fresh produce for low-income families, including a reduced rate on veggie subscriptions for customers paying with SNAP/EBT benefits, a dollar-for-dollar match up to $30 a day for SNAP, Senior and WIC shoppers, and Produce Plus, a program that provides fresh produce to neighborhood resi

House from ‘Home Alone’ hits the market for $5.25 million - CNN

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CNN  —  Kevin McCallister’s childhood home has hit the market for $5.25 million. At just over 9,000 square feet, the house from the “Home Alone” movie was last sold in 2012 for $1,585,000, according to real estate marketplace Zillow. With five bedrooms and six bathrooms, the Georgian-style property, built in 1921, has plenty of space to accommodate hijinks like those from the iconic 1990 film. “It’s a chance to own a piece of cinematic history,” said the Dawn McKenna Group, the real estate team selling the property, adding that it’s a “rare opportunity to own one of the most iconic movie residences in American pop culture.” The Christmas classic starred a young Macaulay Culkin as Kevin McCallister, an 8-year-old boy forced to fend for himself after his family accidentally leaves him at home during the holiday season. While Kevin’s family is on holiday in Paris, he enjoys life to himself in the grand home – feasting on junk food and sledding down the stairs. But when he overh

Stock Market Today: Nasdaq Nabs New High as Nvidia Stock Soars - Kiplinger's Personal Finance

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Stocks were mixed to start the holiday-shortened week as investors looked ahead to this Friday's key inflation update. Despite the diverging price action, one of the three main benchmarks ended the day at a new record closing high.   Specifically, the Nasdaq Composite rose 0.6% to 17,019, its highest finish ever. The S&P 500 , meanwhile, eked out a marginal gain at 5,306, and the Dow Jones Industrial Average fell 0.6% to 38,852. Helping boost the tech-heavy Nasdaq was a major rally in chipmaker Nvidia ( NVDA ). Indeed, the Magnificent 7 stock soared 7.1%, gaining $187 billion in market value along the way. To put this figure in perspective, it's roughly equivalent to the entire market cap of fellow blue chip stock Walt Disney ( DIS , +0.7%). Subscribe to Kiplinger’s Personal Finance Be a smarter, better informed investor. Save up to 74% Sign up for Kiplinger’s Free E-Newsletters Profit and prosper with the best of expert advice on investing, taxes,

Stock market today: Stocks mixed as focus turns to inflation data - Yahoo Finance

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US stocks were mixed in early trading on Tuesday, with techs serving as a bright spot while Wall Street kicked off a holiday-shortened week by focusing on a coming inflation report watched closely by the Federal Reserve. The benchmark S&P 500 ( ^GSPC ) hugged the flatline, while the tech-heavy Nasdaq Composite ( ^IXIC ) added roughly 0.5% after solid closing gains on Friday . The Dow Jones Industrial Average ( ^DJI) , which lists fewer tech names, slipped about 0.3%. The major gauges are regrouping after a volatile week as traders return from the Memorial Day break. Stocks have been buffeted back and forth by two impulses: fading optimism for rate cuts on one hand, and high hopes for AI on the other. The latter is led by Nvidia ( NVDA ), whose shares continued a post-earnings tear, gaining about 5%. Investors are now firmly back on inflation watch , counting down to the release of the Federal Reserve's preferred PCE gauge on Friday. Fed officials have sent out a drumbeat o