S&P 500 Pushes Above 5000 Mark on Economic Strength

Technology stocks including Microsoft drove the S&P 500 past another milestone and to a fresh record on Friday. 


 
The Score: McDonald's, New York Community Bancorp, Walt Disney and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news. 


 
Recession fears evaporate in new forecast of top economists

Fears of a recession in the first half of 2024 have melted away like the snow in most of the country this winter, according to a new forecast of top economists released Friday. 


 
Market May Be Too Optimistic on Fed Rate-Cut Outlook

The market is pricing in multiple interest-rate cuts by the Federal Reserve through 2024, but the current expectation could be overly optimistic and may drag on stocks if not realized. 


 
Moody's Downgrades Israel's Ratings to A2 From A1, Changes Outlook to Negative

Moody's said the consequences of conflict with Hamas "materially raise political risk for Israel." 


 
Analysis: PBOC Report Doesn't Signal the Heavy Rate Cuts Markets Want

A new report by China's central bank signals that aggressive rate cuts aren't around the corner, challenging hopes of a coming salve for the country's slowing economy and sold-off stock markets. 


 
Can Dividend Investing Rise From the Dead?

The once-blockbuster strategy of picking big payers has been battered by growth-focused tech titans, but the right approach could bring it back. 


 
Chinese Banks' January Loan Issuance Beat Expectations

Banks in China typically front-load lending at the start of the year after they get new loan quotas. 


 
HKEX CEO to Step Down Earlier Than Planned

Hong Kong Exchanges & Clearing Chief Executive Nicolas Aguzin will step down at the end of February, three months earlier than expected, as the international financier seeks to accelerate the leadership transition. 


 
RBA Governor Says Board Hasn't Ruled Out, or Ruled In, Another Rate Hike

"An inflation rate with a four in front of it is not good enough and still some way from the midpoint of our target," she said.


(END) Dow Jones Newswires

02-09-24 1915ET