The Nasdaq and the S&P 500 rebounded on Thursday, as megacap and chip stocks regained ground. At 9:39 a.m. ET, the Dow Jones Industrial Average was up 13.09 points, or 0.03 per cent, at 41,211.17, the S&P 500 was up 18.07 points, or 0.32 per cent, at 5,606.34, and the […]
European STOXX 600
Wall Street: S&P 500 and Nasdaq declined on Wednesday, with major chip and tech stocks leading the fall on worries about trade sanctions on companies giving China access to advanced semiconductor technology. A report by news agency Bloomberg said President Joe Biden is considering the most severe trade restrictions available […]
US stocks edged higher on Tuesday after strong retail sales data and on hopes for a interest rate cut by the Federal Reserve in September. At the opening bell, the Dow Jones Industrial Average rose 52.06 points, or 0.13%, to 40,263.78. The S&P 500 was higher by 12.87 points, or […]
US stock indices gained on Monday on increased bets over presidential candidate Donald Trump winning a second term after he survived an assassination attempt. At the opening bell, the Dow Jones Industrial Average rose 137.50 points, or 0.34%, to 40,138.40. The S&P 500 was higher by 22.81 points, or 0.41%, […]
Next Week, Wall Street will see two key economic reports on industrial production and retail sales, and second quarter results of several major companies such as streaming giant Netflix, Goldman Sachs, Bank of America, Abbott Laboratories, and Johnson & Johnson. After Federal Reserve Chairman Jerome Powell’s testimony to the US […]
US stocks were mixed on Thursday after the S&P 500 and Nasdaq hit fresh record highs at the open after softer-than-expected inflation data bolstered hopes for Federal Reserve rate cuts. At 9:48 a.m. ET, the Dow Jones Industrial Average was down 9.47 points, or 0.02%, at 39,711.89, the S&P 500 […]
US stocks on Monday edged higher ahead of consumer inflation and Federal Reserve Chair Jerome Powell’s testimony to the Congress this week. In the early trading, the S&P 500 was up 0.2%, the Nasdaq edged up 0.1%, and the Dow Jones Industrial Average was up 0.6%. Oil prices declined on […]
Wall Street in the week ahead will see some key economic reports that could influence the stock markets. Among the economic events, the major focus of investors will be on consumer inflation for June and Federal Reserve chair Jerome Powell’s testimony to the US Congress. The Consumer Price Index (CPI) […]
US stocks were mixed on Friday following a report on the job market that showed a slowdown in hiring. At 9:50 a.m. ET, the Dow Jones Industrial Average was down 33.29 points, or 0.08 per cent, at 39,274.71, the S&P 500 was up 0.80 points, or 0.01 per cent, at […]
Tesla Inc. stock rallied 10% on Tuesday after the EV maker reported a milder drop in sales for April through June. At 10:36 am EDT, Tesla stock was at $230.86, higher by $21.00 or 10.01%. The electric vehicle maker’s global sales dropped for the second straight quarter despite price cuts […]