Stock News
Construction spending ticks up to four-month high in September
The S&P 500 on Friday was trading above 6,000 for the first time in history, while the Dow Jones Industrial Average was soaring above 44,000 after Donald Trump’s election and the Federal Reserve’s interest-rate cut lifted the large-cap benchmark index to a fresh record.
JPMorgan Chase chief executive will help shape the economy while remaining at the helm of the largest U.S. bank, a source told MarketWatch.
Tesla Inc.’s market valuation hit $1 trillion on Friday, after a post-election rally lifted the electric-vehicle maker’s stock by more than 25% on hopes the incoming Trump administration could benefit the company while hampering its EV competitors.
The S&P 500 breaks 6,000 and the Dow tops 44,000. Why stocks could keep climbing.
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