MArKets

S&P 500, Nasdaq 100 Fall From Record Highs As Investors Take In Chipmaker Earnings; Energy Sector Recovery, Yields Rise: What’s Driving Markets Thursday? – Accenture (NYSE:ACN)

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After the June 19 holiday, Wall Street reopened on a cautious note, as the S&P 500 and Nasdaq 100 indexes fell after hitting all-time highs around midday trading in New York. That decline was driven by profit-taking in chipmaker stocks and rising Treasury yields, which eased risk sentiment. of iShares Semiconductor ETF SOXX fell 2.4%, … Read more

Switzerland makes second interest rate cut as major economies shift

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A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibuse Reuters The Swiss National Bank cut its key interest rate by 25 basis points to 1.25% on Thursday, continuing the cuts at a time when sentiment on monetary policy easing remains mixed … Read more

Darden Restaurants ( DRI ) Q4 2024 earnings

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Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Florida-based Darden Restaurants Incorporated. Universal Images Group | Getty Images Darden Restaurants On Thursday it reported mixed quarterly results as Olive Garden’s same-store sales fell for the second quarter in a row. The company has faced a “continually weaker consumer environment” as … Read more