MARKET SNAPSHOT U.S. stocks opened higher on Friday as shares of Nvidia Corp. marched higher, pushing the Nasdaq Composite into record territory for the first time in more than two years. What’s happening The Dow Jones Industrial Average gained 88 points, or 0.2%, to 39,155. The S&P 500 rose by 21 points, or 0.4%, to
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In the heart of Minneapolis, a statement by Federal Reserve Governor Christopher Waller has sent ripples through the financial world. Addressing a cautious approach towards the anticipated interest rate cuts, Waller’s perspective sheds light on the intricate balance between stimulating economic growth and curbing inflation, a topic that has investors and economists on the edge
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Existing-home sales increased in January, rising 3.1% compared with December but down 1.7% compared with January 2023, according to the National Association of Realtors (NAR). Month-over-month, home sales accelerated in the Midwest, South and West, and remained steady in the Northeast. Year-over-year, sales improved in the West, but decreased in the Northeast, Midwest and South.
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