After a bruising battle with Elon Musk, the state where most of the S&P 500 is incorporated, is making itself more pliable for boards and big shareholders.
The S&P 500 added 1.59% on Friday to close at 5,954.50. The Dow Jones Industrial Average rose 601.41 points, or 1.39%, closing at 43,840.91. The Nasdaq Composite climbed 1.63% to settle at 18,847.28.
In October 2022, Elon Musk paid $44 billion to buy Twitter — almost certainly an overpayment — and he promptly made significant changes that plunged the company into chaos and sent its ad ...
The S&P 500 added to its record as U.S. stock indexes drifted through a quiet, mixed day on Wall Street. The S&P 500 rose 0.2% on Wednesday after setting an
Allen Control Systems CEO Steve Simoni said DOGE's impending DoD audit will uncover "all kinds of wasteful spending" amid the Pentagon's need to modernize to keep pace with China.