Wall Street witnessed a broad sell-off on Wednesday, except for the tech sector, as investor optimism over disinflation progress cooled following a mixed August inflation report.
The Consumer Price Index (CPI) rose 2.5% year-over-year, slightly below the 2.6% estimate and down from July’s 2.9%, ma
Online brokerages including Charles Schwab and Fidelity Investments experienced widespread outages Monday, affecting thousands of users as global markets tumbled.
The disruptions, reporting by outage tracking website Downdetector.com, coincided with a sharp sell-off in U.S. stocks driven by recess
Depending upon which ETF you look at, the U.S. stock market’s performance so far this year has been tepid, fantastic or more likely, somewhere in between.
The world’s largest exchange-traded fund, the SPDR S&P 500 ETF Trust (SPY) has broken record highs on its way to gaining 18% this year, just pa
S&P 500 and Nasdaq 100 indices surged to new all-time highs on Friday, driven primarily by a rally in Magnificent Seven stocks, which collectively reached a market capitalization exceeding $16 trillion.
The Roundhill Magnificent Seven ETF (NYSE:MAGS) increased by 1.4% on Friday, boosting its weekl