The S&P 500 closed near its Oct. 28 record, buoyed by optimism that the Federal Reserve could cut interest rates next month.

Wall Street's "fear gauge" jumped on Thursday, as investors digested the release of delayed jobs data from September while an earlier surge in AI plays fizzled. The Cboe Volatility Index was up more than 14% to more than 27,

U.S. stock index futures ticked higher on Wednesday, as Wall Street priced in a possible Federal Reserve rate cut in December and braced for fresh economic data that could provide greater clarity on the health of the world's largest economy.

MANILA, Philippines -- World shares were mixed Friday in holiday-thinned trading as tech stocks slipped as a recent rebound driven by hopes for an interest rate cut by the Federal Reserve lost steam. In early European trading, Germany’s DAX shed nearly 0.2% to 23,730.81 as traders awaited inflation data set to be released later in the day.

Wall Street index futures held steady on Tuesday evening after strong gains during the main session, supported by growing expectations that the Federal Reserve will cut interest rates in December. However,

This company is emerging as a key supplier to the data center memory market after more than a decade in the shadows.

Wall Street's main indexes were mixed on Thursday as investors took stock of economic data that had been delayed by the U.S. government shutdown, while Nvidia's shares tumbled on concerns over intensifying competition in the AI chip space.

Investors are now forecasting that the Federal Reserve will cut interest rates at its next meeting, scheduled for Dec. 10.

Beth Kindig of the I/O Fund says Nvidia could reach a $20 trillion valuation by 2030. Beyond data centers, Nvidia stands to benefit from new AI applications across robotics and self-driving cars. Nvidia is already the world's most valuable company, but its rally could just be getting started.

Hackers stole a trove of data from a company used by major Wall Street banks for real-estate loans and mortgages, setting off a scramble to determine what was taken and which banks were affected, according to people familiar with the investigation and a statement from the firm.