On Wall Street in the week ahead, investors will eye quarterly earnings reports and the energy market as the Middle East tensions could spark a further rise in oil prices. Last week, oil prices climbed after US and British airstrikes in Houthi-controlled areas of Yemen added to the ongoing tensionsRead More →
US stocks were mixed on Thursday after the inflation data was released, while crypto stocks surged on approval for spot Bitcoin ETFs. At 9:47 a.m. ET, the Dow Jones Industrial Average was down 27.71 points, or 0.07 per cent, at 37,668.02, the S&P 500 was up 1.99 points, or 0.04Read More →
At 9:37 am ET, the Dow Jones Industrial Average was down 232.22 points, or 0.62 per cent, at 37,450.79. The S&P 500 was down 25.67 points, or 0.54 per cent, at 4,737.87. The Nasdaq Composite was down 96.80 points, or 0.65 per cent, at 14,746.97. Megacap stocks Microsoft, Apple, NvidiaRead More →
However, Investors are optimistic as they kick off 2024, fostering the potential for a turbulent period in U.S. stocks if certain expectations fall short, according to a report by Reuters. Despite a somewhat uncertain beginning to the year, the S&P 500 is merely approximately 2% below its recent all-time high. Read More →
On Wall Street, US stock indices gained on Tuesday on hopes of a rate cut by the Federal Reserve in 2024. The Dow Jones Industrial Average rose 5.80 points, or 0.02%, at the open to 37,311.82. The S&P 500 opened higher by 3.16 points, or 0.07%, at 4,743.72. The NasdaqRead More →
At 10:04 a.m. ET, the Dow Jones Industrial Average was up 10.14 points, or 0.03%, at 37,315.30, the S&P 500 was up 17.45 points, or 0.37%, at 4,736.64, and the Nasdaq Composite was up 54.51 points, or 0.37%, at 14,868.43. The Dow Jones Industrial Average rose 34.98 points, or 0.12%,Read More →
On Wall Street in the week ahead, investors will keenly watch economic data that include personal consumption expenditures, revised GDP data, US current account data, home sales figures, and initial jobless claims. Personal consumption expenditures (PCE) index and core PCE index for November will be released on December 22. OnRead More →
US stock indices edged higher on Wednesday ahead of the year’s last Federal Reserve monetary policy decision. The Fed is widely expected to leave interest rates unchanged. ALSO READ: US Fed Meeting Live Updates The Dow Jones Industrial Average rose 13.33 points, or 0.04%, to 36,591.27. The S&P 500 gainedRead More →
Ahead of the US Federal Reserve’s last monetary policy meeting of 2023, US stocks were mixed at the open on Tuesday after the release of the inflation data. The Dow Jones Industrial Average rose 37.17 points, or 0.10%, at the open to 36,442.10. The S&P 500 opened lower by 4.14Read More →
On Wall Street in the week ahead, investors’ major focus will be on the US Federal Reserve’s last monetary policy meeting of 2023. Investors widely expect the FOMC (Federal Open Market Committee) to hold interest rates steady at its meeting. The FOMC interest rate decision will be announced on DecemberRead More →
