US stocks edged higher on Monday following the Dow's historic close above 40,000 for the first time, driven by a surge in copper prices and anticipation surrounding Nvidia's (NVDA) upcoming earnings report.
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US stocks paused on Friday as investors hesitated with uncertainty about potential rate cuts. Dow Jones Industrial Average futures remained stable after reaching 40,000 for the first time on Thursday.
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US futures bounced back on Wednesday, rising by around 0.5% across the board, fueled by investor optimism surrounding potential rate cuts in September, encouraged by the latest CPI and retail sales figures.
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Starbucks has faced a challenging period, with its shares falling sharply after the company reported earnings that missed estimates and subsequently cut its forecast for the year.
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S&P 500 futures climbed on Friday, buoyed by significant gains in major tech companies like Alphabet and Microsoft following their impressive earnings reports.
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Alphabet and Microsoft, two titans of the tech industry, released their first-quarter earnings on April 25, 2024, showcasing strong performances that exceeded market expectations, particularly in AI and cloud computing.
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Corporate earnings drove stocks higher for the second day on Tuesday, easing concerns about rising interest rates.
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Successfully trading stocks requires a well-rounded strategy, sharp discipline, and continuous learning.
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US stock futures rose on Tuesday, building on the previous session's strong performance as the corporate earnings season gained momentum.
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