Wall Street Explained: History, Naming & Importance
Find out the rich history and significance of Wall Street, from its origins as a wooden defense wall for Dutch settlers to its pivotal role in global finance today.
Find out the rich history and significance of Wall Street, from its origins as a wooden defense wall for Dutch settlers to its pivotal role in global finance today.
US stock markets rallied on December 26 with the S&P 500 nearing a record high. Retail sales showed continued consumer spending, suggesting a continuation of the "Santa Claus rally". However, analysts remain divided on whether the rally will continue in 2024.
On Wednesday, major US Indices dropped in value as C3.ai and AMD revealed interesting figures to traders.
US indices got a boost on Tuesday as falling oil prices and yields eased investor concerns, leading to a rally supported by upbeat earnings. Tech giants like Amazon, Microsoft, and Apple drove gains despite hawkish comments from some Fed officials creating uncertainty.
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