Santa Claus pays a visit on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 21, 2018.Brendan Mcdermid/Reuters A Santa Claus rally in the stock market could bring new highs to the major averages next week. The Santa Claus rally is a seven-day trading window that this year begins on […]
Tag: record
Carnival Stock Gains as Company Posts Record Revenue, Cheery 2024 Outlook
Key Takeaways Carnival shares sailed higher on Thursday as the cruise operator posted record revenue and issued upbeat predictions for 2024. The company reported full-year adjusted net income of $1 million, making 2023 its first profitable year since the start of the pandemic. Shares of fellow cruise companies Norwegian Cruise Line and Royal Caribbean also […]
Man’s stabbing death marks record number of Seattle homicides
Seattle Police are investigating a deadly stabbing in North Seattle Thursday. Chief Adrian Diaz says the homicide brings the total to 72, a new record for the city. He says the last time numbers were this high was in 1994, when the Seattle Police Department reported 71 homicides. Around 1 a.m. on Thursday, officers were […]
This addictive nut is driving record rates of cancer – yet millions continue to chew it
Near record number of travelers expected during year-end holiday week
Dec. 20—With a near record number of travelers expected to leave home during the year-end holiday week, both the prices at the gas pumps and the weather should be in their favor, forecasters say. While some will be disappointed that weather reports are not calling for a white Christmas, the clear roads should mean safer […]
US stocks slip from record heights as recession fears offset rate-cut optimism
Getty Images / Spencer Platt US stocks slipped on Wednesday as traders mulled the risk of recession in 2024. Those fears have cooled extreme bullishness among investors. The Dow retreated from record highs after nine straight gains. US stocks slipped Wednesday as traders mulled Fed rate cut risks into next year and the outlook for […]
Why the Dow just tumbled about 500 points after nearly hitting a record
What. Just. Happened? The S&P 500, the broadest measure of the stock market, tumbled Wednesday afternoon, starting just after 2 pm ET. It was on pace to hit a record — its first in nearly two years. Then, the bottom fell out. Within minutes, the index was down a half a percentage point. Within an […]
U.S. Saw a Record Number of Billion-Dollar Weather Disasters in 2023
In 2023, the U.S. experienced a record 25 billion-dollar weather and climate disasters — three more than the previous record, set in 2020. As greenhouse gases continue to accumulate in the atmosphere, extreme events — hurricanes, severe storms, heavy rainfall, flooding, wildfires, extreme heat, and drought — are becoming ever more frequent, intense, and dangerous. […]
Duke receives record number of applications after free tuition offer
Duke University’s offer of free tuition to financially eligible students from North Carolina and South Carolina appears to have directly contributed to the record number of early-admissions applications the university received this fall. That initiative, announced in June, covers the cost of tuition — more than $63,000 this academic year — for students from the […]
World’s Biggest ETF Sees Record $21 Billion Flow on Stock Rally
(Bloomberg) — An unprecedented amount of cash flowed into the world’s largest and oldest exchange-traded fund last week, as stocks rallied to near-record highs after the Federal Reserve indicated it could cut interest rates next year. Most Read from Bloomberg State Street’s $478 billion SPDR S&P 500 ETF (ticker SPY) raked in $20.8 billion on […]
State’s record oil production double-edged political sword
Dec. 17—State lawmakers will once again head into the legislative session with record oil production in New Mexico pumping up tax revenues to its highest level ever — a trend that’s buoying most state officials while raising concerns among conservationists about the leverage it gives the industry to thwart anti-pollution efforts. New Mexico’s oil production […]
Trump bemoans record stock market as just making ‘rich people richer’
By Tim Reid (Reuters) – Donald Trump, who predicted three years ago that if Democratic President Joe Biden won the White House in 2020 markets would crash, said on Sunday that stock markets hitting record highs were just making “rich people richer.” Trump, the frontrunner for the 2024 Republican nomination, often took credit for a […]