US stock indices gained on Monday as all eyes are on Jackson Hole Economic Symposium to be held later this week. At the symposium, global central bank officials, including Federal Reserve Chair Jerome Powell, will speak on policy issues. Investors will try to seek clues from Powell’s keynote speech on Friday and other Fed speakers …
US stocks were mixed on Monday, with the tech-heavy Nasdaq and the S&P 500 rising ahead of a Federal Reserve interest rate decision and Big Tech earnings. At 9:51 a.m. ET, the Dow Jones Industrial Average was down 140.72 points, or 0.35 per cent, at 40,448.62, the S&P 500 was up 11.18 points, or 0.20 …
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 was up 28.28 points, or …
US stock indices gained on Monday with benchmark S&P 500 hitting fresh record high on increased bets over presidential candidate Donald Trump winning a second term after he survived an assassination attempt. At 12:01 a.m. ET, the Dow Jones Industrial Average was up 328.71 points, or 0.82 per cent, at 40,329.61, the S&P 500 was …
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 Congress last week, investors will …
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 was up 2.36 points, or …
Next week, Wall Street will see several key economic data such as the Federal Reserve minutes, employment numbers, S&P final US manufacturing PMI, and trade deficit data. Job openings data for May and nonfarm payrolls report for June are likely to be the major focus of the stock market participants. Last Friday, a report showed …
US stocks were drifting on Wednesday ahead of chip giant Nvidia’s quarterly results and the US Federal Reserve’s policy meeting minutes. Nvidia, based in Santa Clara, California, will release its first quarter earnings after the market close on Wednesday. Nvidia’s stock is the third largest on Wall Street, following its more than 92% surge this …
In the week ahead on Wall Street all eyes will be on the US Federal Reserve’s monetary policy meeting. After inflation data released last week showed that the consumer prices in the US rose in February, the Fed policymakers are widely expected to keep interest rate unchanged. The FOMC’s (Federal Open Market Committee) interest rate …
US stocks edged lower on Wednesday ahead of an inflation data due later in the week. At 09:35 a.m. ET, the Dow Jones Industrial Average was down 204.74 points, or 0.53 per cent, at 38,767.67, the S&P 500 was down 14.78 points, or 0.29 per cent, at 5,063.40, and the Nasdaq Composite was down 66.84 …