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 […]
The Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+ kept the oil output policy unchanged at their meeting conducted on Thursday, but hinted at plans to start unwinding one layer of output cuts from October, and repeated that the hike could be paused or reversed […]
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 […]
Oil prices dropped by over $1 per barrel on Monday following statements from Israeli officials who expressed a desire to prevent a full-scale conflict in the Middle East while addressing a lethal rocket attack in the Israeli-occupied Golan Heights over the weekend. By 11:17 a.m. EDT (1517 GMT), Brent futures […]
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%, […]