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Top related persons:
what's - 1 Jensen - 1 Tom Martin - 1 Martin - 1 they'll - 1 it'll - 1 Jerome Powell - 1 GARRETT MELSON - 1
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Taiwan China BOSTON Powell WISCONSIN TORONTO U.S ATLANTA
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Search resuls for: "Tom Martin"


4 mentions found


☆ The S&P 500 once again briefly rode Nvidia's coattails to all-time highs
  + stars: | 2024-10-17 | by ( Alex Harring | Kavitha Shastry | ) www.cnbc.com   time to read: +2 min
Nvidia 's rally to a record intraday high on Thursday briefly helped lift the S & P 500 into uncharted waters, leaving investors to wonder what's next for the artificial intelligence trade. The S & P 500 broad market index also touched a record high during the day, mostly driven by strong semiconductor and financial stocks. Nvidia's stock, which scored an all-time closing high on Monday, has added 1.6% so far this week. NVDA 1D mountain Nvidia, 1-day chart Martin likes the AI trade looking ahead, especially as year-end — typically a strong time for the market — nears. And then they'll try and take some profits, and then they'll try and buy it back a little cheaper, and then it'll go back up again."
Persons: what's, Jensen, Tom Martin, Martin, they'll, it'll Organizations: Nvidia, Taiwan Semiconductor, Investments Locations: Taiwan, China
☆ Analysts react to Federal Reserve leaving interest rates unchanged
  + stars: | 2023-09-20 | by ( ) www.reuters.com   time to read: +8 min
Fed policymakers at the median still see the central bank's benchmark overnight interest rate peaking this year in the 5.50%-5.75% range, just a quarter of a percentage point above the current range. I do think that they'll remain data dependent and you'll probably hear that from Powell at the 2:30 press conference and going forward as well. So yes, they're talking about higher rates for longer, but it's really the economy that matters. This is because when the Fed announces an interest rate increase, credit card interest rates typically follow shortly thereafter, which may result in larger minimum monthly payments for credit card holders. While the decision not to raise interest rates this time round mitigates that for now, more interest rate increases may be on the horizon.
Persons: Jerome Powell, GARRETT MELSON, presser, GINA BOLVIN, Powell, BRIAN JACOBSEN, MENOMONEE, KARL SCHAMOTTA, GENNADIY GOLDBERG, it's, TOM MARTIN, MICHELE RANERI Organizations: Federal Reserve, U.S, Treasury, Fed, PPI, OF, TOM, Global Finance, Markets, Thomson Locations: BOSTON, Powell, WISCONSIN, TORONTO, U.S, ATLANTA, CHICAGO
☆ Wall St gains as retail sales, inflation data ease rate hike worries
  + stars: | 2023-01-18 | by ( Shreyashi Sanyal Amruta Khandekar | Shreyashi Sanyal | Amruta Khandekar | ) www.reuters.com   time to read: +3 min
A reading from the Commerce Department showed retail sales fell 1.1% in December against expectations of a 0.8% drop, while a separate report showed producer prices declined more than expected in December. Traders' bets of a 25-basis point rate hike rose after the data, while U.S. 10-year Treasury yields fell to a four-month low. Analysts now expect year-over-year earnings from S&P 500 companies to decline 2.6% for the quarter, according to Refinitiv data, compared with a 1.6% decline in the beginning of 2023. Among major S&P 500 sectors, consumer discretionary stocks (.SPLRCD) were up 1%, leading gains. U.S. stock markets have started 2023 on a strong footing on hopes that a moderation in inflationary pressures could give the Fed cover to dial down the size of its interest rate hikes.
☆ Several hurt after train derails at Missouri’s Silver Dollar City amusement park
  + stars: | 2022-10-27 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Phil-Helsel-Circle-Byline-Template.Jpg | Phil Helsel | ) www.nbcnews.com   time to read: +1 min
Seven people were hospitalized after a popular steam-powered train derailed at Missouri’s Silver Dollar City amusement park Wednesday, officials said. Six park-goers and an employee were taken to hospitals after the Frisco Silver Dollar Line Stream Train derailed, the park said in a statement. People walk near a derailed train at Missouri’s Silver Dollar City amusement park Wednesday. “Fortunately, it wasn’t.”The steam-powered train runs within Silver Dollar City, which is an 1880s-themed amusement park west of Branson. The train that derailed runs a 30-minute course and features an old-fashioned stickup attempt, according to its website.
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