US stocks slumped more than 1% on Thursday ahead of Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, Wyoming, on Friday. The S&P 500 lost 59.7 points, or 1.35%, at 4,376.31. The Dow Jones Industrial Average fell 373.56 points, or 1.08%, at 34,099.42. The Nasdaq Composite dropped 257.06 points,Read More →
US stocks climbed on Wednesday, led by tech shares after Nvidia shares jumped on hopes of stronger quarterly results. The S&P 500 gained 48.84 points, or 1.11%, at 4,436.39 points. The Nasdaq Composite rose 215.16 points, or 1.59%, at 13,721.03. The Dow Jones Industrial Average added 188.50 points, or 0.55%, atRead More →
US stocks slipped on Tuesday on worries over interest rate hike by the Federal Reserve. The S&P 500 lost 11.06 points, or 0.25%, at 4,388.71. The Dow Jones Industrial Average fell 170.34 points, or 0.49%, at 34,293.35. The Nasdaq Composite added 13.79 points, or 0.1%, at 13,511.38. Banking index edgedRead More →
On Wall Street, technology stocks led the Nasdaq and the S&P 500 higher on Monday, despite rise in treasury yields. The S&P 500 added 30.42 points, or 0.70%, at 4,400.13 points. The Nasdaq Composite climbed 206.65 points, or 1.55%, at 13,497.42. The Dow Jones Industrial Average fell 37.40 points, orRead More →
US stocks on Thursday were pulled down by fears of interest rate hike by the Federal Reserve. Rise in bond yields also fuelled the selloff in shares. The S&P 500 fell 0.33% at 4,389.6. The Dow Jones Industrial Average dropped 0.42% at 34,619.25 points. The Nasdaq Composite lost 0.67% at 13,384.01.Read More →
US stocks slipped on Wednesday after the Federal Reserve’s minutes showed that FOMC members were divided over the rate hike in July. The S&P 500 fell 33.62 points, or 0.76%, at 4,404.24 points. The Dow Jones Industrial Average shed 179.86 points, or 0.51%, at 34,766.53. The Nasdaq Composite lost 156.59Read More →
US stocks gained on Monday ahead of retail sales data due on Tuesday. The S&P 500 gained 25.67, or 0.6%, to 4,489.72. The Dow Jones Industrial Average edged higher 26.23 points, or 0.1%, to 35,307.63. The Nasdaq composite rose 143.48, or 1.1%, to 13,788.33. On Tuesday, the US government willRead More →
In the week ahead on the Wall Street, the focus of investors will be on the FOMC minutes and the retail sector. The US Federal Reserve will release FOMC minutes from its July meeting on 16 August. Investors will try to get clues from the minutes on the monetary policyRead More →
Sensex Today | Share Market Updates: The MPC, as widely expected, maintained the status quo on policy actions, voting unanimously to hold the repo rate at 6.5%. The stance remained “focused on withdrawal of accommodation”. On liquidity management, the instrumentality of the 10% incremental CRR was a bit of aRead More →
US stocks ended flat on Thursday following the July inflation data. The S&P 500 added 1.34 points, or 0.03%, at 4,469.05 points. The Nasdaq Composite gained 16.39 points, or 0.12%, at 13,739.06. The Dow Jones Industrial Average edged up 50.28 points, or 0.15%, at 35,173.64. The headline and core consumerRead More →
