US stock indices opened higher on Tuesday after Monday’s rout in global markets. At the opening bell, the Dow Jones Industrial Average rose 1.16 points to 38,704.43. The S&P 500 was higher by 17.73 points, or 0.34%, at 5,204.06, while the Nasdaq Composite was up 63.7 points, or 0.39%, to […]
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After a weak jobs report stoked fears of US economic recession last week, Wall Street investors will stay cautious and closely watch the upcoming economic data in the week ahead. A report on Friday showed hiring by US employers slowed in July by much more than economists had expected. Next […]
US stocks rose on Thursday after the Federal Reserve signalled interest rate cut in September. At the opening bell, the Dow Jones Industrial Average rose 74.2 points, or 0.18%, to 40,916.96. The S&P 500 rose 15.5 points, or 0.28%, to 5,537.84, while the Nasdaq Composite rose 47.6 points, or 0.27%, […]
On Wall Street, the S&P 500 and the Nasdaq were sharply higher after chip stocks rallied following bullish forecast from AMD. At 9:54 a.m. ET, the Dow Jones Industrial Average was down 33.60 points, or 0.08 per cent, at 40,709.73, the S&P 500 was up 65.74 points, or 1.21 per […]
On Wall Street, the benchmark S&P 500 and the blue-chip Dow Jones gained on Tuesday, led by financial stocks amid anticipation of interest rate decision from the Federal Reserve. Investors are keenly awaiting Fed’s interest rate decision to be announced on Wednesday. At 10:10 a.m. ET, the Dow Jones Industrial […]
US stocks edged higher on Monday, ahead of a Federal Reserve interest rate decision and Big Tech earnings. At the opening bell, the Dow Jones Industrial Average rose 76.37 points, or 0.19%, to 40,665.71. The S&P 500 was higher by 17.45 points, or 0.32%, at 5,476.55, while the Nasdaq Composite […]
Next week, the focus of Wall Street investors will be on the US Federal Reserve’s monetary policy decision and Chair Jerome Powell’s press conference. The central bank is widely expected to hold the interest rate steady. Among the earnings, the four companies from the ‘Magnificent 7’ — Microsoft, Meta Platforms, […]
US stocks were flat on Thursday after stronger than expected economic growth data. At the opening bell, the Dow Jones Industrial Average fell 25.24 points, or 0.06%, to 39,828.63. The S&P 500 was higher by 1.57 points, or 0.03%, at 5,428.70, while the Nasdaq Composite gained 10.23 points, or 0.06%, […]
US stocks declined on Wednesday, led by the tech-heavy Nasdaq after lackluster quarterly results from Tesla and Alphabet. At the opening bell, the Dow Jones Industrial Average fell 147.46 points, or 0.37%, to 40,210.63. The S&P 500 was lower by 49.90 points, or 0.90%, at 5,505.84, while the Nasdaq Composite […]
US stock indices edged higher on Monday as investors assessed Donald Trump’s odds of winning the US election after President Joe Biden withdrew from the presidential race and endorsed Kamala Harris’s candidature At 11:44 a.m. ET, the Dow Jones Industrial Average was down 0.95 points at 40,286.58, the S&P 500 […]