Stocks fall after strong inflation data
U.S. stock indexes pulled back Friday, resuming a spell of selling, after an inflation gauge favored by the Federal Reserve showed stronger-than-expected price pressures. Read More →
U.S. stock indexes pulled back Friday, resuming a spell of selling, after an inflation gauge favored by the Federal Reserve showed stronger-than-expected price pressures. Read More →
.S. stock indexes climbed on Thursday as a strong sales forecast from Nvidia boosted chipmakers and outweighed worries that the Federal Reserve will keep raising interest rates for longer after data highlighted a tight labor market. Nvidia Corp surged 14.3% to a more than 10-month high after the chip designerRead More →
The S&P 500 fell in early trading, then inched up before moving in a tight range for the rest of the day. It rose 8.96 points, or 0.2%, to 4090.46. But the index still turned in a 1.1% weekly decline, its worst weekly performance so far in 2023. Markets seemedRead More →
Wall Street’s main indexes rose on Tuesday, with the S&P 500 and Nasdaq up more than 1% following comments from Federal Reserve Chair Jerome Powell that were perceived to be less hawkish than expected. Powell said, in a Q&A session at the Economic Club of Washington, that he expects 2023Read More →
All three major stock indexes extended Friday’s rally, gaining momentum as the day progressed. The tech-heavy Nasdaq was out front, boosted by a 4.9% jump in semiconductor shares . Also Read: Wall Street rises as chipmakers lead tech shares higher “This is a remarkable rally in many of the namesRead More →
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