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Test English 2024-10-30 19:43

Super Micro Computer stock (SMCI) cratered Wednesday morning, falling over 30% after a filing revealed accounting firm Ernst & Young (EY) has resigned from its relationship with the tech company. In the resignation letter, EY said: “We are resigning due to information that has recently come to our attention which has led us to no…

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Test english post 2024-10-15 17:10

US stocks rose on Monday to head for fresh record highs as Nvidia shares climbed and investors prepared for more big bank earnings to test that rally and the chances of an economic “soft landing.” The S&P 500 (^GSPC) moved up 0.7% to head for a fresh record after ending above 5,800 for the first…

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Test blog post 2024-09-03

(Bloomberg) — September has traditionally been a terrible month for traders and risks being even harder to navigate in 2024 given lingering questions about the Federal Reserve’s anticipated interest-rate cut. Most Read from Bloomberg Bonds, stocks and gold have typically suffered losses in the month, as traders reassessed their portfolios after the summer break. The…

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Test english 2024-08-04 15:30

Wall Street’s busiest week of the summer sent stocks tumbling as a weak July jobs report surfaced concerns over the health of the US economy and Big Tech earnings failed to ease investor fears. For the week, the S&P 500 (^GSPC) fell more than 2.5%, while the Nasdaq Composite (^IXIC) fell over 3.7%. This drawdown…

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Test english 2024-08-04 15:29

Wall Street’s busiest week of the summer sent stocks tumbling as a weak July jobs report surfaced concerns over the health of the US economy and Big Tech earnings failed to ease investor fears. For the week, the S&P 500 (^GSPC) fell more than 2.5%, while the Nasdaq Composite (^IXIC) fell over 3.7%. This drawdown…

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