Wall Street today: US stocks crashed in the previous session due to a global selloff fueled by mounting recession fears among investors in the world’s largest economy. On Monday, more than $1.93 trillion was wiped out of the US stock market as the tech-heavy Nasdaq composite dropped over 1,000 points. […]
Wall Street today
Wall Street today: Wall Street losses deepened on Friday, August 2, with a sharp drop in US equities and US Treasury yields at multi-month lows after a weak jobs report fueled worries the US Federal Reserve has been too slow to cut key the interest rates, risking a more pronounced […]
Wall Street today: Fed chairman Jerome Powell’s interest rate cut remarks helped extend the rally picked by by US stocks on July 31, as the equity market scored its best Federal Reserve day in two years. Wall Street cheered the dovish commentary by the US central bank, even as its […]
The US stock markets opened at a high before Friday’s trading session after promising inflation data raises Federal Reserve (FED) rate cut expectations. At 9:30 am (EDT) the stock markets opened for the United States at a high. The Dow Jones Industrial Average rose 0.51 per cent at 40,140.90 on […]