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3,307.90 -6.15 (-0.19%) S&P 500
5,308.13 +4.86 (+0.09%) Dow
39,806.77 -196.82 (-0.49%) Nasdaq
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71,334.97 +4,241.77 (+6.32%) CMC Crypto 200
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Dow Jones Industrial Average (^DJI)
| Previous close | 40,003.59 |
| Open | 39,989.80 |
| Volume |
| Day's range | 39,787.09 - 40,077.40 |
| 52-week range | 32,327.20 - 40,077.40 |
| Avg. volume | 351,417,096 |
Yahoo FinanceInterest rate cuts have a complicated history with the stock market: Morning Brief
Lower interest rates, in theory, are good for stocks. But history says rate cuts from the Fed this year might not warrant an enthusiastic response.
- Yahoo Finance Video
Nasdaq closes at record high, Palo Alto stock falls: Market Domination Overtime
On today's episode of Market Domination Overtime, anchors Jared Blikre and Julie Hyman delve into a range of market-moving topics, including market outlooks, Qualcomm's AI investments, Palo Alto's earnings, and more. Stocks (^IXIC, ^GSPC, ^DJI) take center stage with the Nasdaq closing at a record high. Baird Investment Strategy Analyst Ross Mayfield joins the show to provide his perspective on why he believes markets are currently "in waiting mode." Palo Alto Networks (PANW) delivered a narrowed guidance for the full year, despite beating revenue estimates in the third quarter. Deep Instinct CEO and former Palo Alto CEO Lane Bess joins the discussion to share his insights on why he believes Palo Alto "should be feeling pretty good about these numbers overall." Qualcomm (QCOM) has secured a deal to equip Microsoft's (MSFT) upcoming Windows PCs with its cutting-edge AI chips. Qualcomm's COO and CFO Akash Palkhiwala makes an appearance to discuss the company's latest AI initiatives. This post was written by Angel Smith
- Yahoo Finance Video
Economic data setting up market for 'great scenario': Yardeni
After reaching all-time record highs last week, market indexes are in a tug-of-war to stay above these benchmarks; the S&P 500 (^GSPC) is holding above 5,300 while the Dow Jones Industrial Average (^DJI) rolls further back below 40,000. Yardeni Research President Ed Yardeni forecasts the Dow shooting up as high as 60,000 by 2030. Yardeni sits down with Market Domination to discuss the multitude of factors that could either accelerate or derail market growth, including the higher interest rate environment sustained by the Federal Reserve. "Usually recessions are caused by credit crunches and at this point, I don't see something like that. But a spike in oil prices (CL=F, BZ=F) is something that from a geopolitical perspective, is still not out of the realm of possibilities here," Yardeni notes to Yahoo Finance. "Fortunately, the price of oil has actually moderated quite a bit ever since Israel and Iran launched missiles at each other and then kind of backed off. So I think there's enough oil so we don't get a kind of big spike the way we had in the 1970s." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
