Information

Home Information
  • Dec 24, 2024

Wall Street rises in quiet Christmas Eve trading session

Wall Street's main indexes rose on Tuesday in a truncated trading session before Christmas, with the S&P 500 and the Nasdaq up for the third consecutive day, helped by gains in a handful of megacap and growth stocks. Broadcom and Nvidia provided the biggest boost to the indexes, advancing 2.7% and 0.7%, respectively, while Consumer Discretionary and Technology led gains among S&P 500 sectors. At 09:42 a.m. the Dow Jones Industrial Average rose 32.38 points, or 0.08%, to 42,939.33, the S&P 500 gained 21.68 points, or 0.36%, to 5,995.75, and the Nasdaq Composite gained 116.55 points, or 0.59%, to 19,881.43.

  • Dec 24, 2024

Survey: Small businesses are feeling more optimistic about the economy after the election

A recent survey shows small business owners are feeling more optimistic about the economy following the election. The Uncertainty Index declined 12 points in November to 98, following October’s pre-election record high of 110. NFIB Chief Economist Bill Dunkelberg said small business owners became more certain about future business conditions following the presidential election, breaking a nearly three-year streak of record high uncertainty.

  • Dec 24, 2024

Comtech Telecommunications Faces Nasdaq Compliance Challenge

The latest announcement is out from Comtech Telecommunications ( (CMTL) ). Comtech Telecommunications Corp. received a notification from Nasdaq indicating non-compliance with periodic filing requirements due to the delayed submission of its Quarterly Report for the period ended October 31, 2024. Although this does not immediately affect the company’s listing or trading status, Comtech has until February 17, 2025, to submit a corrective plan to Nasdaq. If accepted, an extension until June 16, 202

  • Dec 24, 2024

US bank, business groups sue Fed over stress test framework

In a statement, groups including the American Bankers Association and the U.S. Chamber of Commerce said the lawsuit "seeks to resolve longstanding legal violations by subjecting the stress test process to public input as required by federal law."

Popular Post