(Bloomberg) — The stock market bounced back, with traders adjusting their positions in the final few days of a stellar quarter. Equities saw a mild rebound, with the S&P 500’s rally for the year approaching 10%. The benchmark measure has only seen double-digit gains for two quarters in a row in five instances since 1950,…
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(Bloomberg) — Stocks wiped out gains in the final 30 minutes of Wall Street trading, with investors rebalancing their portfolios after a rally that’s already topped $4 trillion this year. Equities finished lower for a third straight day, following a buying frenzy that saw the S&P 500 climb almost 10% in just three months. With…
(Bloomberg) — Big tech looked poised for a rebound after Nvidia Corp.’s solid results and outlook bolstered confidence in the artificial-intelligence frenzy that has powered the stock market resurgence. The giant chipmaker soared in late trading after predicting another blowout sales gain for the current quarter, with Chief Executive Officer Jensen Huang saying “accelerated computing…
(Bloomberg) — Wall Street traders kept a lid on stocks ahead of results from Nvidia Corp. the giant chipmaker at the heart of the artificial-intelligence frenzy that has powered the bull market. Treasury yields climbed after a $16 billion sale of 20-year bonds. Just hours away from the company’s quarterly numbers, investors around the…