Wall Street rallies on soft landing hopes, chip stocks gains By Reuters

United States News News

Wall Street rallies on soft landing hopes, chip stocks gains By Reuters
United States Latest News,United States Headlines
  • 📰 Investingcom
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

⚠️BREAKING: *WALL STREET RALLIES TO END THE WEEK AS SOFT LANDING HOPES GROW; NASDAQ JUMPS 2% $DIA $SPY $QQQ $IWM $VIX 🇺🇸🇺🇸

More than half of the firms listed on the S&P 500 have reported second quarter earnings as of Friday, out of which 78.7% have surpassed analyst expectations, according to Refinitiv data.On Thursday, the blue-chip Dow snapped its longest winning streak since 1987 as U.S. Treasury yields pressured stocks after news that the Bank of Japan will allow long-term interest rates to rise.

The Bank of Japan made its yield curve control policy more flexible and loosened its defense of a long-term interest rate cap, in moves seen by investors as a prelude to an eventual shift away from massive monetary stimulus. The yield on the U.S. 10-year note slipped from 4% hit in the previous session, lifting megacap growth and technology stocks sharply higher. All three major U.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Investingcom /  🏆 450. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Intel offers a ‘breath of fresh air,’ but Wall Street still has concerns about the stockIntel offers a ‘breath of fresh air,’ but Wall Street still has concerns about the stockIntel's latest earnings — and the market's reaction to them — are a study in relativity.
Read more »

Chipotle sales rise but fall short of Wall Street's expectationsChipotle sales rise but fall short of Wall Street's expectationsChipotle reported quarterly earnings that crushed expectations, but the burrito chain’s sales fell short. More here:
Read more »

Chipotle shares slide as sales fall short of Wall Street's expectationsChipotle shares slide as sales fall short of Wall Street's expectationsChipotle reported quarterly earnings that crushed expectations, but the burrito chain’s sales fell short. More here:
Read more »

'AI momentum building in Redmond': Wall Street reacts to Microsoft earnings'AI momentum building in Redmond': Here's how Wall Street is reacting to Microsoft's earnings report
Read more »

Jaylen Brown wants to bring Black Wall Street to Boston after signing richest NBA contract | CNNJaylen Brown wants to bring Black Wall Street to Boston after signing richest NBA contract | CNNTwo-time NBA All-Star Jaylen Brown signed the richest deal in NBA history on Wednesday: a five-year, $304 million supermax contract extension with the Boston Celtics.
Read more »

Wall Street analysts become even more bullish on Meta after its latest earnings reportWall Street analysts become even more bullish on Meta after its latest earnings reportAnalysts on some of Wall Street's biggest firms raised their price targets on Meta shares.
Read more »



Render Time: 2025-02-16 05:34:00