The S&P 500 benchmark stock index hit another milestone in its remarkable march higher from the brink of a bear market in recent weeks: It has now erased all its losses for this year.
Mexico hopes early USMCA review will give investors, consumers clarity
Mexico hopes to start a review of its trilateral trade agreement with the U.S. and Canada in the second half of this year, ahead of schedule, to provide clarity to consumers and investors, the nation's economy minister said on Tuesday. "We estimate that we'll start discussions in the second half of the year," Economy Minister Marcelo Ebrard told journalists on the sidelines of a ministry event with local financial technology firms. The USMCA trade pact is up for review next year.
Palantir Stock Closes at Record High as Tariff Optimism Drives Tech Rally
Shares of Palantir closed at an all-time high as optimism about easing tariffs has driven artificial intelligence stocks higher alongside a broader market rally.
Anthropic, Google score win by nabbing OpenAI-backed Harvey as a user
Popular legal AI tool Harvey will now be using leading foundation models from Anthropic and Google, moving beyond strictly using OpenAI's, Harvey announced in a blog post on Tuesday. This is noteworthy because Harvey is one of the OpenAI Startup Fund’s most successful early-backed portfolio companies. The OpenAI Startup Fund is an OpenAI-associated fund to back companies developing products on top of AI technologies, primarily OpenAI's own. While Harvey says it's not abandoning OpenAI, merely ad
3 Highly Ranked Gold Stocks to Buy on the Dip: AEM, EQX, HMY
Although investor sentiment is turning bullish on optimism that a global recession can be avoided, gold stocks have been a pleasant hedge against market volatility.
Bitcoin Eyes $105K as Coinbase Surges 24%; Rally Has More Room, Says Analyst
Bitcoin BTC climbed back above $104,000 on Tuesday with welcome fresh inflation data, President Trump's bullish outlook on financial markets, and Coinbase's inclusion into the S&P 500 among catalysts for the advance. April’s Consumer Price Index (CPI) came in cooler than anticipated, which may allay pressure on the Federal Reserve anxious about inflation due to tariffs. Fed Chair Jerome Powell's scheduled speech on Thursday could provide further policy guidance.
How major US stock indexes fared Tuesday, 5/13/2025
The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite rose 1.6% as AI and other tech stocks led the way. The report on inflation could give the Federal Reserve more leeway to cut interest rates later this year to help the economy, but analysts and economists cautioned that inflation could still run higher in coming months because of President Donald Trump's tariffs. On Tuesday: The S&P 500 rose 42.36 points, or 0.7%, to 5,886.55.
Is the 60/40 rule making a comeback? How to mix and match your stocks and bonds.
A new report from Morningstar compares the classic 60/40 investment mix to an all-stock portfolio, with surprising results.
Nvidia jumps more than 5% on chip deal with Saudi Arabia as S&P 500 erases 2025 losses
The S&P 500 rose around 1% Tuesday, erasing losses for the year.
Fed's Goolsbee calls inflation report 'comforting' but says tariff effects 'are coming'
Chicago Fed chief Austan Goolsbee called the April inflation report 'comforting' but said he needs to see several more as officials consider rate cuts