Analyst Discusses What Lies Ahead as Markets Close at Near Session Highs
Kristina Hooper, chief global market strategist with Invesco, joined Cheddar News to discuss a new week in trading as stocks closed near session highs, as the S&P and Nasdaq traded at their highest since April last year.
The fast casual chain Chipotle is planning to hire 15,000 employees ahead of "burrito season," the company's busiest period from March to Cinco de Mayo.
Stocks climbed Thursday to send Wall Street to its highest level in nearly eight weeks following reports suggesting the economy and corporate profits may be doing better than feared.
Global smartphone shipments saw their largest-ever single decline in the fourth quarter of 2022, plunging 18.3 percent year-over-year, according to data from the International Data Corporation (IDC).