NASDAQ Composite (^IXIC)
| Previous close | 16,742.39 |
| Open | 16,738.10 |
| Volume |
| Day's range | 16,693.45 - 16,797.83 |
| 52-week range | 12,415.85 - 16,797.83 |
| Avg. volume | 5,290,070,645 |
- Yahoo Finance Video
Stocks slip, Applied Materials earnings: Market Domination Overtime
The Dow Jones Industrial (^DJI) briefly touched over 40,000 for the first time in history, though it did end the day lower. Applied Materials (AMAT) posted its second quarter earnings, beating revenue expectations showing further signs of strength in the chip sector. Saint-Gobain North America CEO Mark Rayfield (SGO.PA) joined the show to give insight into homebuilding fundamentals and why he believes they remain "robust". For more expert insight and the latest market action, click here.
Yahoo FinanceStock market today: Stocks pull back from records after Dow touches 40,000 for first time
Signs inflation continues to cool is pushing stocks to record highs, with the Dow crossing 40,000 for the first time ever on Thursday.
- Yahoo Finance Video
Dow rallies over 40,000 on CPI. Is the Fed ready for rate cuts?
The Dow Jones Industrial Average (^DJI) crossed above 40,000, a record-high for the market index, on Thursday morning. Markets (^IXIC, ^GSPC) may be encouraged by Wednesday's cooler-than-expected Consumer Price Index (CPI) inflation print for April, but is the Federal Reserve fully on board with the idea of interest rate cuts? New York Fed President John Williams believes inflation could fall below 3% by the end of the year, amidst comments from other Fed officials that say April's CPI is not enough to green light rate cuts Catalysts Hosts Seana Smith and Madison Mills sparse through this week's Fed commentary as markets rally to new highs. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
