Key Takeaways The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes.Tesla stock surged after reports of strong demand in China for its updated Model Y and upbeat analyst commentary on its AI and robotaxi initiatives.
Since 2020, the Magnificent 7 stocks have soared an average of 640%, dwarfing the SP 500s 100% gain and now accounting for 34% of the indexs weight, according to Jefferies. Performance within the group varies widely,
Easing inflation boosts US stock markets. Tesla jumps 5%, Goldman Sachs rises 4.9%. S&P 500 hits one-week high as Fed rate cut speculation grows.
Wood's latest move was to decrease her position in a stock that was the S&P 500 's top performer last year. The famous investor sold shares of this technology player during several recent trading sessions. Should you follow her and stay away from this player in 2025?
Tesla's stock was rallying 5% in recent trading, and has now run up 72.8% since the election. CEO Elon Musk's cozying up to Trump has provided a $587.83 billion boost to the EV giant's market cap since the election,
Cooling inflation sparks a risk-on rally as stocks surge, gold eyes a breakout, and Treasury yields fall. Tesla and Nvidia gain on dovish Fed hopes.
There are 11 stock market sectors, but only three beat the S&P 500 last year: communications, financials, and consumer discretionary. Even the technology sector underperformed the S&P 500 last year. In fact, only 148 S&P 500 components beat the index last year, meaning over 70% of components underperformed the index.
The major indexes reclaimed their 50-day moving averages while bitcoin also rallied into Donald Trump's presidential inauguration. Many stocks flashed buy signals.
Tesla's stock (TSLA) powered up 6% in afternoon trading, to provide an $80.2 billion boost to the company's market capitalization, which is currently at $1.41 trillion. Since Trump's election win, the stock has soared 74.5% to add $601.3 billion to Tesla's market cap.
Uber has been laying the foundation for long-term growth in the business, and it showed in 2024. Revenue growth accelerated, rising 20% year over year in the third quarter. Moreover, the increase in revenue is driving a bigger improvement in profits, with operating income more than doubling over the year-ago quarter to $1.1 billion.
Lofty expectations for US corporate profits mean that the flood of earnings reports due in the coming fortnight will play a particularly important role in setting the direction for Wall Street stocks, investors say, after a shaky start to 2025.
The U.S. stock market broadened its rally this week, with all S&P 500 sectors booking weekly gains, as investors appeared relieved by interest rates in the bond market reversing some of their recent startling climb.