The resulting positive wealth effect is undoubtedly boosting consumer spending, especially of retiring baby boomers, who are enjoying the windfalls in the value of their stock portfolios and homes.

The S&P 500 hit its first closing high for 2025 as prospects for earnings growth remain healthy and remarks from President Trump earlier in the day sparked some optimism. The S&P 500 closed 0.5% ...

Trump announced Tuesday a joint venture between OpenAI, Oracle and Japan’s Softbank to invest $500 billion in data centers and electricity ... longer-term bond yields," said Fed governor Chris Waller ...

Following the release, Treasury yields dropped, the S&P 500 rose, and the dollar weakened ... In an interview with CNBC on ...

Nine of the 11 primary S&P 500 sectors ended in green, with consumer discretionary and technology leading the gainers by going up 1.71 percent and 1.65 percent, respectively. Meanwhile, health and ...

The S&P 500 is up 1.2%, and on track to gain 3. ... Instead, Federal Reserve Gov. Christopher Waller said on CNBC on Thursday that multiple rate cuts this year are in play, as long as inflation ...

The S&P 500 gained 1% on Friday, capping off the last trading day of Biden's presidency and marking the best week since the ...

Stocks and bonds staged a turnaround this week as investors cheered a flurry of positive headlines that bolstered the case ...

The Dow Jones Industrial Average rose 334.70 points, or 0.78%, to 43,487.83, the S&P 500 gained 59.32 points, or 1.00%, to ...