DOW Financial News

Investing.com — The S&P 500 ended at record high for the second-straight Thursday, and briefly touched an unprecedented 5,000 level just before the close as a surge in Disney and ARM kept the bulls marching on. 

The three main stock market indexes in the country, the S&P 500, Dow Jones Industrial Average, and Nasdaq, primarily include large-cap companies. However, there are also other indexes composed of small-cap companies, such as the S&P 600 and the Russell 2000.

Investing.com -- U.S. stock futures seek direction heading into the final trading day of the week. The S&P 500 briefly touches the 5,000-point mark in intraday trading during the prior session following a bevy of mostly strong corporate earnings. Meanwhile, artificial intelligence-darling OpenAI's annualized revenues reportedly surpass $2 billion as demand booms for the ChatGPT-maker's products.

The bull market rages on, so far undeterred by the likely delay in interest rate cuts and hawkish statements from Fed officials.

(Reuters) — U.S. stock index futures edged higher on Friday, a day after the benchmark S&P 500 breached the 5,000-mark for the first time, while investors looked ahead to inflation data for hints on the timing of the Federal Reserve's first interest-rate cut.

The U.S. stock market is in a «very dangerous» spot as persistently strong jobs numbers and wage growth suggest the Federal Reserve's interest rate hikes have not had the desired effect, according to Cole Smead, CEO of Smead Capital Management.

ALSO READ: Wall Street week ahead: Investors’ major focus on Fed rate decision, big tech earnings The US central bank is widely expected to keep interest rates unchanged, but investors and traders will look for signals from the Fed meeting outcome and chairman Jerome Powell’s press conference whether the central bank will start cutting interest rates at its next monetary policy meet in March. On Friday, the S&P 500 slipped 3.19 points, or 0.1 per cent, to 4,890.97. The Dow Jones Industrial Average rose 60.30, or 0.2 per cent, to 38,109.43.

The S&P 500 (SPX) added 1.1% last week as bulls continue to close in on the new big target – 5000. The old record high of 4818 is now acting as support with the index in a bull mode as long as it keeps closing above this level on a daily basis.

Investing.com — Shares of American Express (NYSE:AXP) surged over 7% on Friday, reaching an all-time high. This rise came after the credit card company surpassed full-year profit expectations, even though it fell short of its Q4 EPS and revenue projections.

Investing.com — U.S. stock futures traded around the flatline Monday, at the start of a busy week that includes a Federal Reserve policy-setting meeting, key labor market data as well as earnings from several mega-cap tech companies.

Investing.com -- U.S. stock futures were subdued on Monday, with markets preparing for a busy week of major earnings and central bank policy announcements. Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) are among many of the tech giants due to report results this week, while the Federal Reserve will unveil its latest policy decision and deliver closely-watched commentary that could help determine the path ahead for interest rates. China Evergrande (HK:3333) is ordered to liquidate, starting a new and possibly lengthy chapter for the heavily indebted property developer.

Catch Live Market Updates here The US Federal Reserve monetary policy and its first rate decision of 2024, to be released Wednesday, will be keenly watched and is expected to guide the markets. Both the domestic benchmark indices declined around 1.3% in the holiday-shortened week gone by, primarily dragged by weakness in the banking sector.

Investing.com — The S&P500 slipped Friday, ending its five-day record run, though still ended the week in positive even as Intel's slump left a dent in big tech.

inflation print signaling continued moderation in price pressures helped offset an earnings gloom cast by a dour revenue forecast from Intel. The U.S. Commerce Department's report showed the personal consumption expenditure index — the Federal Reserve's preferred inflation gauge -rose moderately in December , keeping the annual increase in inflation below 3% for a third-straight month that could allow the central bank to start interest rate cuts this year. «Today's report, is clearly market friendly even if it doesn't suggest, at this point, that the Fed lowers rates at the March 20 meeting,» said Quincy Krosby, chief global strategist at LPL Financial. «Unless next month's collection of inflation-related data underscores decisively that the path towards to 2% is squarely in sight, the Fed will most likely wait until May or June to begin easing rates.» Weighing on the tech-focused Nasdaq, Intel slumped 12.1% to a six-week low after forecasting that its first-quarter revenue could miss estimates by over $2 billion, driving losses between 1.6% and 2.2% in other chip stocks including Advanced Micro Devices, Qualcomm and Micron Technology. The Philadelphia SE Semiconductor index slipped 2.4%, while the S&P 500 technology sector was the only one in the red with a 0.7% loss. This, along with Tesla's growth warning on Wednesday, likely deepened worries over rich valuations of heavily weighted megacap companies.

By Ankika Biswas and Johann M Cherian

Investing.com — U.S. stock futures edge down on Friday, as investors gauge a disappointing revenue outlook from chipmaker Intel (NASDAQ:INTC) and look ahead to fresh inflation data. Payments processor Visa (NYSE:V) forecasts a slowdown in quarterly revenue growth in its current quarter due in part to a recent cold snap in much of the U.S. that hit spending activity.

Investing.com — U.S. stock futures traded lower Friday, with sentiment hit by disappointing guidance from chip manufacturer Intel as investors awaited the release of key inflation data.

Investing.com — The S&P 500 closed at record levels for the fifth-straight session Thursday as investors mulled mostly upbeat corporate earnings, while stronger-than-expected economic growth and slowing inflation bolstered expectations for a soft landing, pushing Treasury yields lower.

Investing.com — U.S. stock futures are muted, with traders looking ahead to crucial economic figures and gauging a stream of company earnings. Tesla (NASDAQ:TSLA) warns that sales growth will be «notably lower» this year, while Chief Executive Elon Musk details plans to roll out a new, cheaper model in 2025. Elsewhere, Boeing (NYSE:BA) shares dip premarket after the U.S. aviation regulator bans the planemaker from expanding production of its best-selling MAX family of jets.

Wall Street ended mixed after strong gains for Netflix and some influential technology stocks helped offset losses across much of the U.S. stock market

Investing.com — U.S. stock futures traded higher Wednesday, boosted by strong results from streaming giant Netflix as the quarterly earnings season kicks into top gear.