In the week ahead on Wall Street, US Federal Reserve chairman Jerome Powell’s congressional testimony and the US jobs report for February will be the major focus of the stock market investors. The two major events could offer clues to investors on the US central bank’s interest rate plans thisRead More →
US stock indices gained on Monday ahead of key inflation and economic data due this week. The personal consumption expenditures price index (PCE) for January due on Thursday could offer clues on potential interest rate cuts from the US Federal Reserve. At 09:35 a.m. ET, the Dow Jones Industrial AverageRead More →
Investors on Wall Street in the week ahead will have big earnings including Li Auto, Lowe’s, eBay, Domino’s Pizza, and Salesforce, and some key economic data to review. The economic data could further give clarity on how consumers are feeling and whether inflation is still easing. The big focus willRead More →
US stock indices slipped on Tuesday on fading hopes for early interest rate cut. Last week, the inflation data hurt investors’ hopes that the US Federal Reserve could begin cutting interest rates in March. At 9:40 a.m. ET, the Dow Jones Industrial Average was down 31.08 points, or 0.08 perRead More →
Global stocks were mostly flat on Monday as investors awaited more earnings updates this week from heavyweight companies, including HSBC bank, chip giant Nvidia and retail giant Walmart. MSCI’s broadest index of world shares and Europe’s broader index of stocks both traded around 0.05 per cent as of 13:53 GMT. Read More →
Stock market investors on Wall Street in the week ahead will be watching key economic data including consumer price index, producer price index and industrial production report. Apart from the US economic data, some key earnings including Coca-Cola, Shopify, Cisco, and Sony will also be the focus of the investors.Read More →
US stocks were flat in early trading on Thursday. The S&P 500 was almost flat in early trading. The Dow Jones Industrial Average was up 24 points, or 0.1%, as of 9:40 a.m. Eastern time, and the Nasdaq composite was flat. Milestone Alert! Livemint tops charts as the fastest growingRead More →
US stocks opened higher on Wednesday, led by megacap and chip stocks. The Dow Jones Industrial Average rose 92.53 points, or 0.24 per cent, at the open to 38,613.89. The S&P 500 hit a fresh record high at the open. It was higher by 18.82 points, or 0.38 per cent,Read More →
The stock markets on Wall Street in the week ahead will be driven by some key earnings reports and economic events that include US trade deficit data and consumer credit report. The major earnings reports due to be released in the week ahead include PepsiCo, McDonald’s, , Caterpillar, Alibaba, andRead More →
The major focus of the stock market investors on Wall Street in the week ahead will be on the US Federal Reserve’s monetary policy meeting scheduled for January 30-31 and chairman Jerome Powell’s subsequent press conference. The US central bank is widely expected to keep interest rates unchanged, but investors andRead More →
