Wall Street advances, powered by big tech

NEW YORK (Reuters) – Wall Street gained on Friday with market-leading growth stocks helping the indexes resume their climb as investors shrugged off disappointing economic data.FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in

Wall St to bounce at open as debt ceiling, inflation worries cool

(Reuters) -U.S. stocks were set to open higher on Thursday after a temporary truce in the debt-ceiling standoff in Congress relieved concerns of a possible government debt default, while a dip in oil prices eased worries of higher inflation.A specialist

Wall Street ends higher on optimism about U.S. debt-ceiling deal

(Reuters) – Wall Street ended higher on Wednesday as investors grew more optimistic that congressional Democrats and Republicans could reach a deal to avert a government debt default.FILE PHOTO: Traders work on the floor of the New York Stock Exchange

Analysis-Buying the dip? Not so fast, some Wall St banks say

NEW YORK (Reuters) -Scooping up stocks after pullbacks has been a winning bet for investors over the past decade but some Wall Street strategists are pointing to a multitude of risks that could come with jumping into equities after their

Bruised market eyes Treasury yields to gauge stocks' path

NEW YORK (Reuters) – Investors are focusing on Treasury yields as a key factor in determining how stocks will fare the rest of the year, after a month in which equities notched their steepest losses since the coronavirus pandemic began.FILE

Tech pulls Nasdaq, S&P 500 down as Treasury yields rise

NEW YORK (Reuters) – The S&P 500 and Nasdaq indexes ended lower on Monday with investors pivoting to value as tech shares, hurt by rising Treasury yields, weighed on equities in the quarter’s final week.FILE PHOTO: A Wall St. street

Luxury, mining stocks weigh on Europe ahead of U.S. inflation data

(Reuters) -European stocks slipped on Tuesday as caution ahead of U.S. inflation data and weakness in luxury and mining shares offset optimism around the region’s economic recovery.The German share price index DAX graph is pictured at the stock exchange in