04:32 PM EDT, 03/22/2024 (MT Newswires) -- The Nasdaq Composite extended its record-high closing run Friday, while the Dow Jones Industrial Average and the S&P 500 retreated from their respective all-time high levels. The technology-heavy Nasdaq rose 0.2% to 16,428.8, surpassing its previous record closing level set Thursday. The Dow fell 0.8% to 39,475.9, while the S&P 500 lost 0.1%...

The Federal Reserve kept rates unchanged at its March meeting, but new forecasts confirmed plans for three 25-basis-point rate cuts this year, boosting Wall Street optimism. Fed Chair Jerome Powell hinted that rate cuts will occur if the economy evolves as expected. He downplayed the unexpected inflation surges in January and February, pushing the market to anticipate a 72% chance...

Whales with a lot of money to spend have taken a noticeably bullish stance on McDonald's. Looking at options history for McDonald's we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 62% of the investors opened trades with bullish expectations and 37% with bearish. From the overall spotted trades, 2 are...

04:31 PM EDT, 03/22/2024 (MT Newswires) -- US equity indexes ended the week higher as government bond yields fell after investors interpreted the Federal Reserve's move to raise its forecast for inflation while maintaining the outlook for rate cuts this year as dovish. * The Dow Jones Industrial Average closed Friday at 39,475.90, up from 38,714.77 a week earlier. The...