Wall Street fell short of a record following mixed profit reports from big companies. The S&P 500 ended essentially flat Friday, a day after rallying within 0.1% of its all-time high set last month.
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled ...
AI spending is prodigious. The current mania resembles the internet bubble and earlier enthusiasms like RCA in the 1920s.
U.S. stocks were little changed at the open after January retail sales fell sharply. Indexes on track for up week, with Dow and S&P 500 near records.
In addition, further weakness in the euro - UBS sees it falling to $0.99 by the end of 2025 - would be consistent with improving earnings revisions. A 10% fall in the euro may increase European ...