Shares of Trump Media & Technology Group surged 67 per cent to around $50 in premarket trading in New York on Monday as odds of former US president Donald Trump’s victory rose after an assassination attempt at a rally in Pennsylvania over the weekend. The premarket rally has set Donald […]
US Stocks
Indian stock market: The domestic equity market is expected to open in green amid mixed global cues. US stocks ended higher on bets that the US Federal Reserve will cut interest rates in September. Traders are betting on a 94% chance of a rate cut by September, up from 78% […]
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 Federal Reserve Chairman Jerome Powell on Tuesday testified before the Senate Banking Committee. Powell in his prepared testimony told Senators that inflation had been improving in recent months but more good data would strengthen the case for interest rate cuts. “More good data would strengthen our confidence that inflation […]
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 […]
US stocks were mixed on Monday after a report showed manufacturing weakened last month. The S&P 500 was steady in midday trading. The Dow Jones Industrial Average rose 0.1 per cent and the Nasdaq composite was 0.3 per cent higher. This week the investors’ main focus is on jobs data […]