Dow, Stock and December
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Dow Jones futures: Market rally ideal for ABC investing; AI giants, Fed loom with Tesla in buy zone
The market rally toward highs continues, with Tesla among stocks in buy areas. A Fed meeting and AI giants loom.
The U.S. stock market rose to the edge of its all-time high. The S&P 500 added 0.2% Friday and finished just shy of its record closing level, which was set in October.
Stocks finish higher on Wednesday as investors digest payroll data and monitor the odds of a Fed rate cut next week.
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U.S. stock futures rose on Thursday after advancing on Wednesday. Futures of major benchmark indices were slightly higher.
Doubts over AI demand put pressure on tech and a surprise fall in private-sector employment revealed cracks in the job market.
Salesforce can still be a winning long-term investment, even if it isn't the high-octane growth stock it used to be.
NEW YORK -- The U.S. stock market rose to the edge of its all-time high on Friday. The S&P 500 added 0.2% and finished just 0.3% shy of its record closing level, which was set in October. It had briefly topped the mark during the day, before paring its gain.
US stock futures were in a holding pattern on Thursday as Wall Street waited for fresh data to test baked-in expectations that the Federal Reserve will deliver a December rate cut. Buoying stocks is the growing conviction that the Fed will shift toward easing at its policy meeting next week,
Netflix has agreed to buy Warner Bros. Discovery in a deal that reshapes Hollywood and streaming. Warner Bros. shareholders will get $27.75 a share in cash and stock in Netflix. The total equity value of the deal is $72 billion.