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Nasdaq Surges as Traders Buy the Dip Before Fed Meeting

Nasdaq Surges as Traders Buy the Dip Before Fed Meeting

Stocks are rebounding as key earnings beat estimates and investors get comfortable with fewer rate cuts. The S&P 500 rose 2.7 percent between Friday, April 19, and Friday, April 26. The Nasdaq-100 jumped 4 percent. Those were the biggest weekly gains for both...

The Market Shifted Gears Last Week and Kept Driving Higher

The Market Shifted Gears Last Week and Kept Driving Higher

Stocks shifted gears dramatically last week, but kept driving toward record highs. Simply put, investors liquidated safe havens that had been rallying -- especially bonds and gold. They then poured money into value stocks that had been struggling -- especially banks,...