General News
Latest news from around the World.
Semi Stocks Boost The S&P 500
Since the March 30th low, one of the best-performing areas of the stock market has been semiconductors. Using the tradable VanEck Semiconductor ETF as a proxy, the group is now up right around 40% since then, which is a record 18-day rally since its inception.
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S&P 500 Snapshot: 4-Week Win Streak
The S&P 500 capped off the week with a fresh record high, finishing up 0.5%. This marks the fourth consecutive winning week for the index, its longest streak since late 2024.
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NEW: Citadel fires back after Mamdani singles out CEO
Rep. Beth Van Duyne, R-Texas, suggests that business leaders should invest in states where they are appreciated on ‘The Evening Edit.' #fox #media #breakingnews #us #usa #new #news #breaking #theeveningedit #foxbusiness #politics #political #politicalnews #government #business #economy #investment #states #texas #bethvanduyne #leadership #policy #jobs #growth #markets #finance #industry #development
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This Week's Market Wrap: Strong Earnings, Ceasefire Uncertainty, And Creeping Inflation
Semiconductor strength led by Intel and Texas Instruments drove index-level gains, while weak guidance and capex concerns punished software and select industrial names. U.S.–Iran tensions and shifting ceasefire headlines repeatedly moved crude prices and dictated intraday market direction.
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Markets Weekly Outlook: Can Earnings Outweigh Geopolitical Headwinds And Central Bank Decisions?
The S&P 500 and Nasdaq climbed to new intraday records, propelled by diplomatic hopes for de-escalation in the Middle East & tech performance. The week ahead features meetings from the Fed, ECB, and Bank of England, as well as tech earnings releases.
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Bulls Charge Back
The S&P 500 has finally returned to record highs in the past couple of weeks, and sentiment has reflected that positive price action. This week's release of the American Association of Individual Investors survey came in with 46% of respondents reporting bullish sentiment.
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‘FANTASTIC': BNY Wealth CIO on US trend growth
BNY Wealth CIO Sinead Colton Grant discusses market volatility amid the war in Iran and the impact of consumer spending on ‘Making Money.'
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Major Food Group Co-Founder Mario Carbone sits down with Jim Cramer
Major Food Group Chef and Co-Founder Mario Carbone joins 'Mad Money' host Jim Cramer to talk its restaurant foot print, food product lines, customer trends, and more.
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James Dolan's Sphere mints cash as Vegas mega-venue tops world in ticket sales
Last year alone, some 1.7 million people bought a ticket to a show at the Sphere, generating $379 million for the venue.
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U.S. Regulator Sues New York State for Prediction Markets Crackdown
The Commodity Futures Trading Commission is seeking a declaratory judgment that it has exclusive authority to regulate the prediction markets, according to a lawsuit filed Friday.
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CFTC sues New York to block oversight of prediction markets
The U.S. Commodity Futures Trading Commission sued New York on Friday, accusing the state of invading its authority to regulate prediction markets by filing lawsuits accusing Coinbase Financial Markets and Gemini Titan of promoting gambling.
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Friday's Final Takeaways: DOJ Ends Powell Probe & Consumer Sentiment Uptick
Marley Kayden ends the trading week with Friday's final takeaways centered on macro movers. She talks how the Department of Justice ending its probe into Fed Chair Jerome Powell, along with an uptick in consumer sentiment, mold moves under the surface of Wall Street.
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With Powell's Probe Dropped, All Eyes on Warsh's Fed Nomination
Plus, the Trump administration brings back firing-squad executions, and startup cowboys come to Texas.
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LARRY KUDLOW: We need a big, ambitious, pro-growth budget bill
The GOP is about to make a big mistake
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Investment bank Lincoln International files for US IPO
Investment bank Lincoln International filed for an initial public offering in the United States on Friday.
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'Tax the Rich' Policies Draw Attention
Michael Bologna, Bloomberg Industry Group senior tax correspondent, joins Scarlet Fu on "Bloomberg Real Yield." Democrats around the country are pushing forward on plans to tax the rich — moves that are supportive for the tax-exempt municipal-bond market.
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Hypersonic weapon startup Castelion wins $105 million Navy contract for F/A-18 integration
Castelion, a small California defense startup, has won a $105 million U.S. Navy contract to ready its Blackbeard hypersonic missile for use aboard the Navy's carrier-based F/A-18 fighter jets, clearing the way for the weapon to move from the laboratory toward the battlefield next year.
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Consumer Confidence Just Hit a Record Low. Here's Why
Consumer sentiment just hit its lowest level on record—even lower than during the pandemic. So why are markets still holding up?
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Fmr. Fed Pres. Richard Fisher: Warsh would face a 'fog on uncertainty' as Fed Chair
Fmr. Fed Pres. Richard Fisher joins 'Closing Bell Overtime' with reaction to the investigation into Fed Chair Powell being dropped, what to expect from a possible Warsh-led Fed, and more.
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A dozen US states weigh data center curbs; Maine governor vetoes bill
The Democratic governor of Maine, Janet Mills, vetoed a bill that would have made it the first U.S. state to impose a moratorium on large new data centers, saying the move would have disrupted jobs tied to a project already underway.
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