Wall Street: US stocks rose on Monday, following last week’s gains, with investors awaiting inflation data this week. The inflation data – Consumer Price Index (CPI) – is due on Wednesday. On the same day, the US retail sales data will also be released. Both, inflation and retail sales data have […]
US Stock Markets
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 […]
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. […]