US stock indices edged lower on Wednesday as Treasury yields rebounded on worries about the Federal Reserve’s monetary easing plans. At 09:38 a.m. ET, the Dow Jones Industrial Average fell 7.11 points, or 0.02 per cent, to 38,877.15, the S&P 500 lost 16.17 points, or 0.31 per cent, to 5,171.53 and […]
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US stock indices advanced on Tuesday, buoyed by expectations that the Federal Reserve will ease monetary policy this year. At 09:46 a.m. ET, the Dow Jones Industrial Average rose 60.27 points, or 0.16 per cent, to 38,912.54, the S&P 500 gained 8.89 points, or 0.17 per cent, to 5,189.63 and […]
Wall Street: US stocks surged on Monday on greater hopes of the US Federal Reserve cutting interest rates this year following last week’s softer-than-expected jobs data. Last week, the US Fed left interest rates unchanged and indicated that it was leaning toward eventual cuts in borrowing costs. At 09:41 a.m. […]
oOn Wall Street in the week ahead, there’s not much on economic front for market participants to watch for except the senior loan officer opinion survey from the US Federal Reserve and the preliminary consumer sentiment data for May. Investors will also watch some major earnings reports from Tyson Foods, […]