Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

S&P 500 rises as Nvidia boosts market sentiment

S&P 500 rises as Nvidia expectations outweigh concerns over Trump’s Fed governor removal

Published

on

S&P 500 rises as Nvidia expectations outweigh concerns over Trump’s Fed governor removal

video
play-sharp-fill
In Short:
– The S&P 500 rose 0.41% as traders reacted to Trump’s removal of Fed Governor Cook.
– Cook plans to sue Trump, while investors anticipate interest rate cuts from the Federal Reserve.
The S&P 500 closed higher on Tuesday as traders moved past President Donald Trump’s removal of Federal Reserve Governor Lisa Cook.
The index rose 0.41% to 6,465.94, while the Nasdaq Composite gained 0.44% to finish at 21,544.27. The Dow Jones Industrial Average added 135.60 points, closing at 45,418.07.Long-term Treasury yields increased, while short-term yields fell, indicating that investors expect short-term rates to drop but eventually rise again.

The U.S. dollar index decreased by 0.2%. Cook plans to file a lawsuit against her removal, and the Fed stated it would comply with any court ruling.

Banner

Legal Challenge

Lawyer Abbe Lowell asserted Trump has no legal grounds to remove Cook. Currently, there are six Fed board members, and Cook’s removal would create a 4-3 majority for Trump, provided Stephen Miran is confirmed.

Investors remain optimistic about potential interest rate reductions in September, following indications from Fed Chair Jerome Powell.

Adam Crisafulli from Vital Knowledge noted that, while markets may absorb the Cook news quickly, the independence of the Fed is in jeopardy.


Download the Ticker app

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Money

Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

Published

on

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.


US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#WallStreet #StockMarket #SP500 #DowJones #MarketRally #USMarkets #GlobalMarkets #TickerNews


Download the Ticker app

Continue Reading

Money

Dow hits record after U.S. military action in Venezuela

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

Published

on

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.


The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.

Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.

Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#DowJones #StockMarket #Venezuela #Maduro #OilPrices #EnergyStocks #Geopolitics #TickerNews


Download the Ticker app

Continue Reading

Money

Wall Street eyes further gains in 2026 as rate cuts fuel optimism

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

Published

on

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.


Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.

The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.

However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#WallStreet #StockMarket #USMarkets #InterestRates #Investing #MarketOutlook #Ticker #FinanceNews


Download the Ticker app

Continue Reading

Trending Now