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 […]
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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 […]
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 […]
View Full Image (The Economist) To a certain extent, this record-smashing is to be expected. Dump the losers periodically, as benchmark indices tend to, and the history of equities is one long (albeit frequently interrupted) march upwards. Bear markets and crashes abound, but once prices recover to set one new […]
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) […]