AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
May 18 2024
News
14 of the world's 20 biggest stock markets have hit record highs, with U.S. equities riding a $12 trillion rally
From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs. Of the world’s 20 largest stock markets, 14 have hit all-time highs recently. The MSCI ACWI Index, which tracks developed and emerging markets, has been on a record-breaking run, setting another new high on Friday. In the US, the S&P 500 and Nasdaq 100 indexes hit records
FortuneApr 16 2024
News
With the market oversold, we're buying a geopolitical hedge and unfairly punished beer stock
We are buying 300 shares of Coterra Energy at roughly $26.85 and 25 shares of Constellation Brands at roughly $255.56. Following the trades, Jim Cramer's Charitable Trust will own 2,900 shares of CTRA, increasing its weighting to 2.5% from 2.23% and 375 shares of STZ, increasing its weighting to 3.05% from 2.85%. With the S & P 500 Short Range Oscillator firmly entrenched in oversold
CNBCJun 06 2024
News
Gulf markets end muted; Qatar extends gain
June 6 (Reuters) - Most stock markets in the Gulf were subdued on Thursday as investors turned cautious ahead of crucial U.S. job data this week for further clues on the timing of rate cuts by the Federal Reserve. Markets see a 70% chance of a September rate reduction, and have priced in about two cuts this year. Forecasters polled by Reuters also expect two cuts. The U.S. non-farm payroll
ReutersJun 05 2024
News
Apple regains $3 trillion in market value, second to Microsoft
Apple has re-entered into the $3 trillion market capitalization territory. The tech giant was the first company to reach a $3 trillion market cap in June last year. Now, it is second only to Microsoft, which has a $3.14 trillion market cap, with Nvidia following behind at $2.96 trillion. On Wednesday afternoon, Apple shares were trading around $196, with a 0.8% jump. Since the company
QuartzJun 05 2024
News
Markets accelerate to records amid AI tech frenzy
NEW YORK -- Wall Street barreled to records Wednesday as its frenzy around artificial-intelligence technology keeps sending stocks higher. The rally sent the total market value of Nvidia, which has become the poster child of the AI boom, above $3 trillion for the first time. The S&P 500 climbed 1.2% to top its all-time high set two weeks ago. The Nasdaq composite jumped even more, 2%, and
Arkansas Democrat-GazetteApr 13 2024
News
Stocks are undergoing a needed, and (so far) modest, pullback in a longer-term bull market
Screenwriters refer to "second-act problems." After the characters and the stakes of a story are established in the first act, things can get a bit messy and confusing as the central conflict is escalated before pushing toward an ultimate resolution. The markets have entered such a muddled middle phase after a first quarter in which the plot lines were neat and tidy and the rally free of
CNBCJun 03 2024
News
New York Stock Exchange is investigating technical issue as dozens of stocks are halted
The New York Stock Exchange is investigating a technical issue on Monday as Berkshire Hathaway and dozens of other stocks are halted. NYSE said the technical issue is related to a mechanism designed to prevent stock prices from swinging wildly. Dozens of stocks are paused because they traded outside those so-called limit up-limit down bands, according to NYSE’s website. That list includes
CNN DigitalJun 04 2024
News
Wall Street stocks gain ground in choppy trading
Traders work on the floor at the New York Stock Exchange in New York City, on Monday. U.S. stocks rose in choppy trading today following softer-than-expected labor market data that reaffirmed expectations of an interest rate cut by the Federal Reserve. NEW YORK >> U.S. stocks rose in choppy trading today following softer-than-expected labor market data that reaffirmed expectations of an
Honolulu Star-Advertiser