US stock markets closed mixed on Wednesday on lower-than-expected growth in inflation in April. The S&P 500 gained 17.93 points, or 0.44%, at 4,137.10 . The Nasdaq Composite climbed 124.68 points, or 1.04%, at 12,304.23. The Dow Jones Industrial Average fell 33.45 points, or 0.10%, at 33,528.36. During intraday, NasdaqRead More →
US stocks fell on Tuesday as investors keenly awaited crucial inflation data for more clarity on the Federal Reserve’s monetary policy plans. The consumer price index data for April is due on Wednesday. The S&P 500 fell 18.95 points, or 0.46%, at 4,119.17. The Dow Jones Industrial Average lost 56.88Read More →
US stocks closed mixed on Monday ahead of inflation and other economic data. The S&P 500 added 1.85 points, or 0.04%, at 4,137.90. The Dow Jones Industrial Average lost 53.96 points, or 0.16%, at 33,620.42. The Nasdaq Composite up 19.31 points, or 0.16%, at 12,254.72. The labor department will releaseRead More →
In the week ahead, consumer price index (CPI) data for April and earnings from PayPal Holdings, Tyson Foods, KKR and Duke Energy are expected to drive stock markets on the Wall Street. The consumer price data for April is due on 10 May. In March, consumer prices surged by 5%.Read More →
US stock markets slipped on Wednesday after Federal Reserve hiked interest rates. The S&P 500 was down 0.7% in late trading. The Dow Jones Industrial Average was down 249 points, or 0.7%, at 33,426, as of 3:42 p.m. Eastern time, while the Nasdaq composite was down 0.4%. Europe European sharesRead More →
US stocks declined on Tuesday as shares of beleaguered banks tumbled again and as investors awaited the Federal Reserve’s next move on interest rates. The US central bank is expected to raise rates by 25 basis points on Wednesday. The S&P 500 fell 48.82 points, or 1.17%, at 4,119.05 points.Read More →
US stocks ended slightly lower on Monday after US regulators seized First Republic Bank. The S&P 500 lost 2.15 points, or 0.05%, at 4,167.33 points. The Dow Jones Industrial Average slipped 50.42 points, or 0.15%, at 34,047.74. The Nasdaq Composite fell 14.83 points, or 0.12%, at 12,211.75. US regulators announcedRead More →
US stocks soared on Thursday on strong earnings from mega tech companies. The Nasdaq Composite climbed 2.27%, fuelled by the upbeat quarterly results from Meta Platforms Inc. The S&P 500 gained 72.06 points, or 1.78%, at 4,128.05. The Dow Jones Industrial Average rose 479.55 points, or 1.44%, at 33,781.42. SharesRead More →
US stocks jumped on Wednesday on a rally in Microsoft and other big tech stocks. The S&P 500 rose 0.2% in early trading. The Dow Jones Industrial Average gained 58 points, or 0.2%, at 33,589, while the Nasdaq composite advanced 0.9%. Microsoft stock rallied 7% after the company reported strongerRead More →
US stocks slipped on Tuesday on recession fears after weak earnings and soft economic data. The S&P 500 slumped 59.56 points, or 1.44%, at 4,077.48. The Dow Jones Industrial Average fell 335.19 points, or 0.99%, at 33,540.21. The Nasdaq Composite tanked 207.27 points, or 1.72%, at 11,829.93. United Parcel ServiceRead More →
