US stocks closed flat on Monday ahead of the Federal Reserve’s decision on key interest rates due on Wednesday. The S&P 500 gained 3.26 points, or 0.07%, at 4,453.58 points. The Nasdaq Composite added 1.99 points, or 0.01%, at 13,710.32. The Dow Jones Industrial Average rose 5.79 points, or 0.02%,Read More →
In the week ahead on Wall Street, the major focus of stock market investors will be on the Federal Reserve’s interest rate policy meeting. The Fed rate decision will be released on September 20 and Chair Jerome Powell will address the press conference on the monetary policy. The US centralRead More →
US stocks dipped on Tuesday, weighed down by rising treasury yields and higher oil prices. The S&P 500 lost 18.97 points, or 0.42%, at 4,496.8. The Dow Jones Industrial Average fell 195.61 points, or 0.56%, at 34,642.1. The Nasdaq Composite dropped 10.86 points, or 0.08%, at 14,020.95. Technology stocks gained,Read More →
European stocks closed flat on Monday after paring gains. Earlier in the session, the stocks rose on fresh Chinese stimulus measures aimed at supporting the country’s beleaguered property sector. The pan-European STOXX 600 index ended at 457.96 points after rising as much as 0.9% earlier in the session. China’s financial regulatorsRead More →
The Asian markets traded mostly higher on Monday morning, while the US stock indices ended mixed last week on hopes that the US Federal Reserve will pause its interest rate hike cycle in the next policy meeting this month. The Indian equity indices, Sensex and Nifty, ended with healthy gainsRead More →
In the week ahead on Wall Street, stock market investors will closely watch the key economic reports that include factory orders data, initial jobless claims, and consumer credit data. On Monday, the US stock market will remain closed for a public holiday on account of Labor Day. During the week,Read More →
US stocks ended mixed on Thursday after inflation and weekly jobless data. Investors are keenly awaiting employment data due on Friday for clues on the Fed’s monetary policy outlook. The S&P 500 lost 7.21 points, or 0.16%, at 4,507.66. The Dow Jones Industrial Average fell 168.33 points, or 0.48%, at 34,721.91. TheRead More →
US stocks rose on Wednesday after latest GDP data hinted at pause in interest rate hike. The S&P 500 rose 0.38% at 4,514.87 points. The Nasdaq gained 0.54% at 14,019.31 points. The Dow Jones Industrial Average added 0.11% at 34,890.24 points. Data on gross domestic product (GDP) showed that the US economy expandedRead More →
The latest jobs report has raised investors’ hopes of a pause in interest rate hikes by the US Federal Reserve. The S&P 500 gained 64.39 points, or 1.45%, at 4,497.70 points. The Nasdaq Composite rose 239.36 points, or 1.74%, at 13,943.37. The Dow Jones Industrial Average surged 294.97 points, orRead More →
US stocks surged on Monday ahead of economic data. The S&P 500 rose 27.60 points, or 0.6%, at 4,433.31. The Dow Jones Industrial Average gained 213.08 points, or 0.6% at 34,559.98.The Nasdaq composite added 114.48 points, or 0.8%, at 13,705.13. The US government will release its July report on jobRead More →
