Wall Street Chasing Records: S&P 500 Targets 7,000 Mark - USD Falls to Four-Year low Ahead of Fed Rate Decision – Dax Steady at 25,000 Points – Puma Soars After Entry by Anta Sports - OHB Continues Rally with Additional 20% Gain, Driven by Hopes for "Bundeswehr Starlink" with Rheinmetall - Cloudflare Explodes After Analyst Praise and New AI Expectations - Corning Surges on $6 Billion Deal with Meta for AI Infrastructure - Micron Rises After Announcing $24-Billion Investment in Singapore
Reading Time: 9 minutes
Stocks rise despite cautious investors The Wall Street Indices continue to hover near record levels, driven by expectations of solid corporate earnings. The S&P 500 is approaching the 7,000 point mark, marking its fifth consecutive winning streak. Technology stocks particularly gain ahead of the results from major megacap companies, while some insurers trend weaker after the US government proposed to keep payments to private Medicare plans unchanged for next year. United Parcel Service (+2.54%) provides a positive outlook signal and is...
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