Dow Rallies to a Record
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Stock Market Live December 12: Trump to Ease Marijuana Regulation, S&P 500 (VOO) Flat
This article will be updated throughout the day, so check back often for more daily updates. The Vanguard S&P 500 ETF (NYSEMKT: VOO) ended up gaining a modest 0.25% on Thursday, one day after the Federal Reserve cut interest rates by the
A handful of remaining major companies are reporting their quarterly results this week, including Oracle and Broadcom . The Q3 earnings season has largely brought solid results. A
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Stock market today: Nasdaq, S&P 500 extend win streaks; Palantir outshines Nvidia (live coverage)
Volume was higher on the Nasdaq exchange and barely higher on the New York Stock Exchange vs. Thursday, in preliminary numbers. On the Nasdaq exchange losers beat winners by roughly 5-to-4, while and the NYSE, falling stocks modestly topped rising issues.
eBay's companywide gross merchandise value (GMV) increased by 10.1% year-over-year and reached $20.1 billion in the third quarter. This indicates that more people are shopping on eBay more frequently, and a 9% revenue boost demonstrates the impact of increased GMV.
The Q3 earnings season has largely brought solid results. As of Dec. 5, 99% of S&P 500 companies have reported, according to FactSet data, and analysts estimate a 13.4% jump in earnings per share during the third quarter.
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Stock market today: Indexes weaken as Fed, Powell loom; software stock soars (live coverage)
The Dow industrials added to meager opening gains, rising 0.4% in recent action. The S&P 500 was flat while the tech-heavy Nasdaq sank 0.3%. Small caps in the Russell 2000 headed 0.1% higher amid vacillating action Wednesday.
The Federal Reserve cut interest rates for the third time this year on Wednesday, sending stocks on a rally. The move brought a sigh of relief for investors, who were skeptical about another rate cut by the Fed,