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Nasdaq hits record high, on track for a new bull market
June 27 (Reuters) - The Nasdaq hit a record high on Friday, as investors piled into technology companies on optimism around artificial intelligence and the prospect for looser monetary policy, putting the index on track to confirm a bull market.The tech-heavy index .IXIC was last up 0.4% at 20,243..Reuters
Fri, Jun 27
US STOCKS SNAPSHOT-S&P 500, Nasdaq touch record highs after tame inflation data
June 27 (Reuters) - The S&P 500 and the Nasdaq opened at record highs on Friday as a benign inflation report supported hopes for a dovish policy outlook from the U.S. Federal Reserve this year.The Dow Jones Industrial Average .DJI rose 118.8 points, or 0.27%, at the open to 43505.6. The S&P ...Reuters
Fri, Jun 27
CANADA STOCKS-TSX opens lower as gold falls, investors assess economic data
June 27 (Reuters) - Canada's main stock index opened lower on Friday, dragged by losses in heavyweight mining shares after gold fell to a near one-month low, while investors assessed a mixed bag of economic data. At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&P/TSX composite ...Reuters
Fri, Jun 27
S&P 500 hits record high, recovering from Trump's tariff slump
June 27 (Reuters) - The S&P 500 touched an intraday record high on Friday, rebounding from the months-long tumult sparked by U.S. President Donald Trump's trade policies that had threatened to tip the global economy into a recession.The U.S. benchmark stock index .SPX advanced 0.2% to 6,153....Reuters
Fri, Jun 27
Wall Street futures higher but consumer spending raises some eyebrows
Wall Street equity indexes were higher on Friday although they pared gains along with Treasury yields after the morning's crop of economic data releases. U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of tariffs faded but..Reuters
Fri, Jun 27
US STOCKS-S&P 500, Nasdaq on course for record highs after tame inflation data
Futures up: Dow 0.29%, S&P 500 0.24%, Nasdaq 0.29%Nike rises after better-than-expected Q1 revenue forecast UBS lifts S&P 500 index's annual target on fading trade tensionsBy Kanchana Chakravarty and Nikhil Sharma June 27 (Reuters) - The S&P 500 and the Nasdaq were on track to...Reuters
Fri, Jun 27
CORRECTED-US STOCKS-US stock futures rise on rate-cut hopes ahead of inflation data
Futures up: Dow 0.24%, S&P 500 0.24%, Nasdaq 0.31% June 27 (Reuters) - U.S. stock index futures climbed on Friday, putting the S&P 500 and the Nasdaq on track for record highs, as investors awaited a key inflation reading amid growing expectations of a dovish monetary policy from the Fede...Reuters
Fri, Jun 27
BofA raises Wabtec PT on strong freight demand
** BofA Global Research raises PT on locomotive parts maker Wabtec WAB.N to $231 from $217, a premium of 12% from the stock's last close** Reiterates 'buy' rating** Says co has strong 2025 revenue and earnings goals, supported by a growing order backlog and solid freight demand** Says WA...Reuters
Fri, Jun 27
Nike Earnings: Revenue and Profit Plunge
Here's our initial take on Nike's (NYSE: NKE) fiscal 2025 fourth-quarter financial report.Key MetricsMetricQ4 FY24Q4 FY25Changevs. ExpectationsRevenue$12.6 billion$11.1 billion-12%BeatEarnings per share (adjusted)$1.01$0.14-86%BeatNIKE Direct revenue$5.1 billion$4.4 billion-14%n/aGross margin44.7%40...The Motley Fool
Fri, Jun 27
TC Energy gains as toll collection starts for Southeast Gateway pipeline in Mexico
** U.S.-listed shares of Canadian pipeline operator TC Energy TRP.TO, TRP.N rise 1.9% to $48.83 premarket** Company commences collection of tolls from the Comisión Federal de Electricidad (CFE) for the Southeast Gateway natural gas pipeline in Mexico** Adds that the toll has been paid by the CFE for...Reuters
Fri, Jun 27
Why Enphase Bounced Back Big This Week
Shares of solar inverter leader Enphase Energy (NASDAQ: ENPH) rallied 20% this week through Thursday trading as of 2:20 p.m. ET, according to data from S&P Global Market Intelligence.Enphase is a market leader in solar microinverters, which convert DC electricity produced by solar panels into AC ele...The Motley Fool
Fri, Jun 27
Hewlett Packard Enterprise Names DXC Networking Momentum Partner of the Year
ASHBURN, Va., June 27, 2025 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named HPE Networking Momentum Partner of the Year 2025 by Hewlett Packard Enterprise, global networking, hybrid cloud, and AI leader. This recognition underscor...PR Newswire
Fri, Jun 27
Focus Shifts from Tariffs to Tax Cuts and Rate Easing – BofA Warns of Policy-Driven Bubble, AI Remains a Bright Spot
TradingKey - The easing of trade war tensions and reduced geopolitical risks have supported bullish sentiment in U.S. equities, with the S&P 500 nearing all-time highs. As policy focus shifts from tariffs to tax cuts and potential interest rate cuts, U.S. equity analysts at Bank of America warn that
TradingKey
Fri, Jun 27
US STOCKS SNAPSHOT-Futures largely hold gains after May inflation data
June 27 (Reuters) - U.S. stock index futures held gains on Friday after a benign inflation reading kept alive hopes of interest-rate cuts by the U.S. Federal Reserve. A Commerce Department report showed the Personal Consumption Expenditures Price index rose 0.1% in May compared with a 0.1% incre...Reuters
Fri, Jun 27
Thinking About Whether to Invest in Real Estate or the Stock Market? Here's What Has Historically Been the Better Investment.
Putting money into real estate and stocks are two popular ways to grow your wealth. Home values have risen significantly, especially with demand being hot in the past few years. A red-hot housing market has inflated values across the globe. And while things have cooled of late, prices are still much...The Motley Fool
Fri, Jun 27
US equity funds suffer sixth weekly outflows in a row
June 27 (Reuters) - U.S. equity funds suffered outflows for a sixth straight week through June 25 as investors took profits near record highs and stayed on edge ahead of key growth and inflation data.According to LSEG Lipper data, investors withdrew a net $20.48 billion from U.S. equity funds during...Reuters
Fri, Jun 27
2 Beaten-Down Stocks to Avoid
Over the past year, Editas Medicine (NASDAQ: EDIT) and Sarepta Therapeutics (NASDAQ: SRPT), two biotech companies, have encountered severe headwinds that aren't at all related to broader market volatility. Both drugmakers have seen their shares plummet over the trailing-12-month period. However, whi...The Motley Fool
Fri, Jun 27
U.S. Stock Short-Squeeze Slowing Down? Investors Rush Into High-Beta Stocks While UBS & Goldman Issue Sell Calls
TradingKey - With the tariff negotiation deadline approaching, and amid worsening GDP and consumer data, U.S. stocks are surprisingly nearing record highs — making this short-squeeze rally seem somewhat “strange.” Wall Street analysts are urgently warning investors to consider trimming positions.TradingKey
Fri, Jun 27
GRAINS-Chicago corn and soybeans bounce off multi-month lows
PARIS/BEIJING, June 27 (Reuters) - Chicago corn and soybean futures rose on Friday from multi-month lows, supported by gains in wider financial markets and signs of progress in U.S.-China trade talks.Wheat also regained ground after falling in the past four sessions.Grain market participants were ad...Reuters
Fri, Jun 27
5 Vanguard ETFs to Buy With $1,000 and Hold Forever
Investing in exchange-traded funds (ETFs) is a great way for both new and experienced investors to gain market exposure, and Vanguard is one of the best places to begin, given that the investment firm is known as the low-cost leader. A $1,000 investment is a good starting point, although one key to ...The Motley Fool
Fri, Jun 27
