Stock market investors on Wall Street in the week ahead will be focusing on the US economic data including retail sales report and the industrial production data, and quarterly earnings reports from major companies such as Netflix, Goldman Sachs, Morgan Stanley, Bank of America, and Abbott Laboratories. The investors willRead More →
Equities saw their worst day since January after a news report that Israel was bracing for an attack by Iran on government targets. Approximately 40 launches were identified crossing from Lebanese territory, some of which were intercepted, the Israel Defense Forces wrote in a post on X. US President JoeRead More →
Equities extended their April losses, with the S&P 500 dropping below 5,200. JPMorgan Chase & Co. and Wells Fargo & Co. — whose earnings are due later this week — paced declines in banks. Nvidia Corp. sank as Intel Corp. unveiled a new version of its artificial-intelligence chip. Boeing Co.Read More →
On Wall Street in the week ahead, investors’ major focus would be on inflation data for March and the minutes of the Federal Reserve’s March monetary policy meeting. Following last week’s strong jobs report that dented interest rate cut odds, investors will closely watch the consumer prices data and theRead More →
US stocks opened flat on Thursday in thin trading ahead of Easter break. At the opening bell, the Dow Jones Industrial Average rose 3.66 points, or 0.01%, to 39,763.74. The S&P 500 opened lower by 0.46 points, or 0.01%, at 5,248.03, while the Nasdaq Composite dropped 22.29 points, or 0.14%,Read More →
Stock market investors on Wall Street in the week ahead will be watching the Federal Reserve’s preferred inflation gauge — the Personal Consumption Expenditures (PCE) index and speeches from a host of Fed speakers including Chair Jerome Powell. The week will also see data on durable goods orders and consumerRead More →
US stocks rallied on Monday, as megacaps lifted Nasdaq higher ahead of the US Federal Reserve’s meeting this week. Fed policymakers are widely expected to keep interest rate unchanged as inflation data released last week showed that the consumer prices in the US rose in February. At 9:34 a.m. ET,Read More →
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 (FederalRead More →
US equities slid on Thursday after hotter-than-expected producer prices data. At 10:01 a.m. ET, the Dow Jones Industrial Average was down 168.41 points, or 0.43 per cent, at 38,874.91, the S&P 500 was down 26.56 points, or 0.51 per cent, at 5,138.75, and the Nasdaq Composite was down 96.03 points,Read More →
This trend can be attributed to several factors, including improved liquidity conditions in the financial system, a decrease in global bond yields, increased Foreign Portfolio Investor (FPI) inflows into the Indian debt market, anticipation of a Federal Reserve rate cut, LPG price cut, and the inclusion of Indian government securitiesRead More →
