S&P 500 (^GSPC)
| Previous Close | 5,214.08 |
| Open | 5,225.49 |
| Volume |
| Day's Range | 5,209.68 - 5,239.66 |
| 52 Week Range | 4,099.12 - 5,264.85 |
| Avg. Volume | 4,003,703,870 |
- Yahoo Finance Video
Rate cuts, gold, small business: Market Domination Overtime
Inflation continues to make its way through every sector, while the Dow Jones (^DJI) ends its best week since December. Leadership from the Federal Reserve spoke this week signaling rates may continue to remain high. Utilities (XLU) performed well for the week, gaining over 4%. Life360 (LIFX) CEO Chris Hulls stops by to discuss how the app has transformed, while government's annual review of the Medicare program has shown an improvement in the program's financial health. For more expert insight and the latest market action, click here
- Yahoo Finance Video
Stock markets: Dow Jones secures eighth day in win streak
The Dow Jones Industrial Average (^DJI) cinches another good day, closing higher for its eighth straight session. The index has risen by 4.25% over the past week in its May rally. The S&P 500 (^GSPC) stays in the green, while the Nasdaq Composite (^IXIC) drops just below its flatline in the session. Market Domination Overtime Host Julie Hyman reviews Friday's market performance, keying in on several standout stocks such as Zeekr Intelligent Technology (ZK) after its debut on the New York Stock Exchange via an IPO. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Consumer sentiment drops, Tesla's Supercharger, Zeekr IPO: Catalysts
The University of Michigan's Consumer Sentiment Index reported that preliminary data for the month of May fell below estimates, a six-month low of 67.4, which could complicate the Federal Reserve's mission to drive inflation down to 2%. Artificial intelligence developer OpenAI is reportedly developing an AI-powered search engine that could rival Alphabet's Google (GOOGL, GOOG), and it could drop as early as Monday, May 13 according to Reuters. Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino joins Catalysts to detail how Fed interest rate cuts and asset inflation could fuel a jump in gold futures (GC=F). Gartner Vice President and Team Manager of Automotives, Transportation, and Cross Manufacturing Mike Ramsey also sits down to explain the future of Tesla's (TSLA) Supercharger network and the EV maker's plans for its full self-driving autonomous vehicles down the line. Other notable guests this hour include Santander US CEO Tim Wennes (SAN) and Gen Digital CEO Vincent Pilette (GEN). This post was written by Luke Carberry Mogan.
