Stock market today: Dow, S&P 500, Nasdaq rise as AI worries recede, with Fed minutes ahead [Yahoo! Finance Canada]
Madison Square Garden Sports Corp. Class A (New) (MSGS)
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Source: Yahoo! Finance Canada
batch of earnings and for Federal Reserve minutes to give insight into interest-rate cuts. The S&P 500 ( ^GSPC ), the tech-heavy Nasdaq Composite ( ^IXIC ), and the Dow Jones Industrial Average ( ^DJI ), which is less exposed to tech, all picked up roughly 0.2% after the major US gauges closed Tuesday with modest gains S&P 500 (^GSPC) Technology stocks are recovering some composure after a turbulent stretch that saw software names in particular take a bruising. But while the pressure is easing, investors are still weighing the long-term impact of AI on business models and corporate competition, and whether AI investments will pay off. Attention is turning to the Fed's January meeting minutes later Wednesday for insight into policymakers' thinking, as markets price in at least two rate cuts this year. The watch is on for signs of AI fallout in the jobs market and on inflation, as energy prices rise. That lays the ground for the Personal Consumption Expenditures index release on
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- Padres near sale at MLB-record $3.9B value, WSJ reports [Yahoo! Finance]Yahoo! Finance
- Madison Square Garden (MSGS) was upgraded by Seaport Research Partners from "neutral" to "buy". They now have a $430.00 price target on the stock.MarketBeat
- Madison Square Garden (MSGS) had its price target raised by Susquehanna from $356.00 to $388.00. They now have a "positive" rating on the stock.MarketBeat
- Madison Square Garden Names Impossible Foods the Official Plant-Based Burger Partner of the World’s Most Famous Arena, New York Knicks and New York RangersBusiness Wire
- Madison Square Garden (MSGS) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "sell (d+)" to "hold (c-)".MarketBeat