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(Updated with Friday’s closing prices.) The 2023 rally for stocks in the U.S. accelerated as more investors bought the idea that the Federal Reserve succeeded in its effort to bring inflation to heel. The S&P 500 SPX ended Friday with a 24.2% gain for 2023, following a 19.4% decline in 2022. (All price changes in

This year was certainly one for the books for Nvidia (NASDAQ:NVDA) stock. The graphics processing unit maker seized upon artificial intelligence like no one’s business and didn’t let go. NVDA stock soared 237% in 2023 and was the best-performing stock amongst the so-called Magnificent 7 stocks. Yet 2024 might be more of a challenge. Investors

The U.S. stock market staged a remarkable rally in 2023, but 173 stocks in the S&P 500 were still down for the year. Here’s a roundup of how well the 11 sectors of the S&P 500 fared through 10 a.m. Eastern time on Friday: Sector or index 2023 price change 2022 price change Price change

Hello! This is MarketWatch reporter Isabel Wang bringing you this week’s ETF Wrap. In this week’s edition, we look at ETF strategies that have exploded in popularity in 2023, and whether they will continue to gain momentum in the year ahead. Please send tips or feedback to [email protected] or to [email protected]. You can also follow

Franklin Wireless Corp.’s stock was up by 8.7% on Thursday after 3.2% shareholder Sinnet Capital Partners requested a special dividend and a stock buyback. Sinnet Capital said Franklin Wireless FKWL, +10.03% should pay a special dividend of $1 a share, execute a $10 million Dutch tender buyback and hire an investor-relations company to issue press

Electric vehicle battery startup QuantumScape (NYSE:QS) stock is heading into the new year in fine style, up 25% for the year. QuantumScape is shipping prototype batteries to customers, with one customer surpassing design targets. Yet there are clouds around all those silver livings. QuantumScape has sufficient funds for the next few years but will require

BaTeLab’s shares fell in their trading debut in Hong Kong, sliding below their initial offering price in a lackluster start for the Chinese semiconductor company backed by electric-vehicle giant BYD 1211, +3.12%. Shares of the Chinese integrated-circuit provider declined as much as 14% early on Thursday before paring losses. It was last down 2.8% at

Palantir Technologies (NYSE:PLTR) is a well-known player in the U.S. cyber-defense industry. The company won’t easily dominate the global cybersecurity market. Despite the high price, we still rate PLTR stock a “B” for its potential rally in 2024. Palantir Technologies is a favorite among momentum-focused technology stock investors. For instance, Cathie Wood’s Ark Invest purchased over 1.5 million shares of Palantir

Home prices have hit another all-time high, and mortgage rates have begun to fall — but that won’t be enough to revive the housing market just yet, according to one expert. Even though borrowing costs are dropping, drawing home buyers off the sidelines, the “lock-in effect” of homeowners being reluctant to sell and give up

For now, Nvidia’s (NASDAQ:NVDA) chips, which other companies use to create AI, are considered vastly superior to those of NVDA’s competitors. As a result, Nvidia can charge exorbitant amounts for those chips. But the AI chips of one of Nvidia’s major competitors, Intel (NASDAQ:INTC), appears to be starting to gain great respect in the marketplace,

By Kwanwoo Jun Posco Holdings’ shares climbed after the steelmaker unveiled a joint venture project to produce rare gases for making semiconductors in South Korea. Posco rose as much as 7.3% to 508,000 won ($391.85) in early trade Wednesday, outperforming the benchmark Kospi’s 0.1% fall. The stock’s rally, which snapped a three-session losing streak, came

The biggest story in AI right now is one that hardly anyone is talking about. Yet, it involves the world’s richest men, the world’s most powerful companies, and the world’s fastest computers. It is the highest stakes story in AI yet. It will determine the winners and losers of the AI Boom in 2024. And

For generations, Broadway fans have sought out prime seats for evening performances, firm in their conviction that a night out on the town is exactly that — an opportunity to celebrate the magic of theater, so long as it’s after sunset. And the matinee crowd? That has tended to be senior-oriented, suburban and a bit

Dear MarketWatch,  I am 51 and would like to retire by 55. I will only have about $125,000 in retirement accounts plus another $35,000 in non-retirement accounts. I plan on moving out of the U.S. as I have a house that’s fully paid for overseas. After living there a year, I will get residency in

Dear Big Move, My fiancée and I agreed to buy a house that was more than what we expected to pay, but we both liked it.  We agreed that I would make the mortgage payments, and she would pay the taxes every year. When we bought the house, we decided to pay the taxes separately

The outsized returns of the S&P 500 this year were driven by the returns of just a handful of stocks. Remove the so-called Magnificent 7 from the equation and the benchmark index’s performance was relatively flat. The Dow Jones Industrial Average, on the other hand, enjoyed a much more broad-based movement higher. This is what

Almost as predictable as the big jolly man himself, many on Wall Street are eagerly waiting for the so-called Santa Claus rally to further fuel stock-market gains that have already put investors in a holiday mood. As defined by the Stock Trader’s Almanac, the Santa Claus rally refers to the stock market’s tendency to rise

Advanced Micro Devices (NASDAQ:AMD) stock has been on a tear thus far in December. After making a relatively big move during November it continues its assent. As a result, this AI chip contender has hit a new 52-week high. To many, it may seem as if shares could keep rallying, with the stock re-hitting its

It’s a seasonal ritual that countless families enjoy — getting dressed in their holiday finest and heading off to see a local production of the “The Nutcracker,” that candy-coated ballet that celebrates all things Christmas. It’s also a ritual that’s critical to the bottom line of many dance companies, which depend on those solid “Nutcracker”

It’s been an interesting year for enterprise artificial intelligence (AI) company C3.ai (NYSE:AI), to say the least. Even though the market was obsessed with machine learning in 2023, AI stock made big moves in both directions. This is likely to persist in 2024, but if you can handle the ups and downs, then feel free to take