US stock indices including Nasdaq 100, Dow Jones 30, and S&P 500 showed slight pullbacks in early trading as the earnings season kicks off. The Nasdaq 100 faces resistance near its 50-day EMA and support around 28,500, while the Dow Jones hovers near key support at 52,000 and resistance at 53,000. The S&P 500 is consolidating near 7,490 within a rising wedge pattern, suggesting potential for a move higher but currently waiting on earnings results and market momentum. Rising interest rates and geopolitical tensions in the Middle East add uncertainty to market direction.
Jim Cramer cautioned that Wall Street's rally after the midterm elections, driven by expectations of slower data center development affecting AI investments, might be premature. While tech giants like Apple, Amazon, and Microsoft gained on hopes of e...
Following the Democrats' victory in the midterm elections, major technology stocks like Amazon, Google, Microsoft, Meta, and Apple surged significantly. The election results reduced market uncertainty, with experts expecting moderation in growth and ...
Microsoft surged over 6.7% following election results that reduced political uncertainty, lifting other tech giants like Apple and Amazon as well. This rally significantly impacted retirement accounts such as 401(k)s and IRAs, where these mega-cap st...
After Democrats won control of Congress, the Magnificent Seven tech megacaps split performance: Apple, Amazon, Microsoft, Alphabet, and Meta rose sharply, with Apple and Amazon gaining over 6%, while Nvidia and Tesla fell. This shift suggests a marke...
Amazon's stock rose 6.28% following the Democrats' midterm election win, driven by reduced election uncertainty and strong AWS growth. ETFs with large Amazon holdings, like the Consumer Discretionary Select Sector SPDR Fund (22.22% Amazon), saw bigge...
