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S&P, Nasdaq rally on vaccination hopes

Video Credit: Reuters Studio - Duration: 01:24s - Published
S&P, Nasdaq rally on vaccination hopes

S&P, Nasdaq rally on vaccination hopes

The S&P 500 and Nasdaq closed higher Wednesday to kick off the third quarter as increasing optimism for a safe and effective COVID-19 vaccine eased concerns that another round of business lockdowns was likely.

Fred Katayama reports.

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Nasdaq American stock exchange

Dow, S&P rise; value outperforms [Video]

Dow, S&P rise; value outperforms

The Dow jumped 1%, the S&P 500 inched up and the Nasdaq closed lower Monday as investors extended a rotation into value stocks from heavyweight tech-related names while awaiting news on progress in a U.S. fiscal support bill. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:30Published
Nasdaq surges on megacap earnings [Video]

Nasdaq surges on megacap earnings

The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains as uncertainty about the government's next round of coronavirus aid kept economic worries on the radar. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:27Published
Record high for Nasdaq; vaccine hopes fuel binge [Video]

Record high for Nasdaq; vaccine hopes fuel binge

Stocks rallied on Monday with the tech-heavy Nasdaq leading the pack as stay-at-home tech stocks and biotech companies working on COVID-19 vaccines powered ahead. Conway G. Gittens has the details.

Credit: Reuters Studio    Duration: 01:55Published
Stocks little changed with eyes on virus [Video]

Stocks little changed with eyes on virus

The S&P 500 and the Nasdaq finished slightly higher on Friday but the Dow closed with a loss as investors kept an eye on record new coronavirus cases in the U.S. Conway G. Gittens wraps up the trading action.

Credit: Reuters Studio    Duration: 01:39Published
Tech shares drive Wall Street higher [Video]

Tech shares drive Wall Street higher

U.S stocks rose Wednesday and the Nasdaq hit a record closing high, supported by tech shares as early signs of an economic rebound offset concern about rising coronavirus cases across the country. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:14Published

S&P 500 Index S&P 500 Index Stock market index

S&P ends almost flat [Video]

S&P ends almost flat

The S&P 500 closed nearly flat on Friday despite coming close again to its record closing high, as data on the U.S. economy added to uncertainty over the recovery. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:14Published
Analyst: StocksTo Soar 14% [Video]

Analyst: StocksTo Soar 14%

Stock strategist Ed Yardeni said the market will rally back in 2022. The stock market has "discounted lots of the good news likely to occur through the end of next year." Yardeni has been bullish about the market. He raised his S&P 500 targets to 3,500 for this year and to 3,800 for 2021. He said expectations for strong profit growth should keep prices rallying for several months Indexes' jumped on Tuesday's with news of a Russian coronavirus vaccine.

Credit: Wochit News    Duration: 00:32Published
Goldman Sachs: S&P 500 Could Rise Another 7% [Video]

Goldman Sachs: S&P 500 Could Rise Another 7%

On Thursday, Goldman Sachs said the S&P 500 can hit 3,600 if markets price in the bank's "comparatively more optimistic US GDP forecast." The banks analysts say specific market conditions would yield the growth. The economy contracts by only by 5% in 2020. It would have to grow by 6.2% next year. After that real yields will rise sharply to levels of "cyclical optimism" in June 2021.

Credit: Wochit News    Duration: 00:32Published
S&P ends lower after flirting with record [Video]

S&P ends lower after flirting with record

The S&P 500 ended slightly lower Thursday after briefly trading above its record closing high level for a second day, and the Dow also fell in the wake of a disappointing forecast from Cisco Systems. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:30Published
Legendary Analyst Says S&P 500 Won't Go Up Much More [Video]

Legendary Analyst Says S&P 500 Won't Go Up Much More

Legendary analyst Byron Wien said the bear market and recession are over. Wien told Bloomberg news the S&P 500 may climb slightly higher but it will not be making any "major strides upward" this year. Byron is the vice chairman of Blackstone Private Wealth Solutions said the S&P 500 is "fully priced." He also applauded US technology companies for their creativity. According to Business Insider Wien said the US should be a manufacturer as well as an innovator to compete globally.

Credit: Wochit News    Duration: 00:30Published

Fred Katayama journalist

Time to buy Bitcoin: ex-Prudential CEO George Ball [Video]

Time to buy Bitcoin: ex-Prudential CEO George Ball

George Ball, now CEO of Sanders Morris Harris, says Bitcoin or other cryptocurrencies could soon become sought after as a safe-haven asset. He tells Fred Katayama why he thinks many wealthy investors or traders will consider buying them after Labor Day.

Credit: Reuters Studio    Duration: 05:19Published
U.S. retail sales rise at slower pace [Video]

U.S. retail sales rise at slower pace

U.S. retail sales in July increased less than expected as consumers cut back on purchases of motor vehicles. As Fred Katayama reports, it could slow further in the months ahead amid spiraling new COVID-19 infections and a reduction in unemployment benefit checks.

Credit: Reuters Studio    Duration: 01:13Published
Apple to offer bundled services [Video]

Apple to offer bundled services

Apple is reportedly readying a series of subscription bundles that will let customers sign in for several of the iPhone maker's digital services at a lower monthly price. Fred Katayama reports.

Credit: Reuters - Politics    Duration: 01:19Published

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