Next Friday’s U.S. jobs report will mark the climax of a holiday-shortened week as markets try to clear uncertainty over the exact date when interest rate cuts could begin. Comments from Federal Reserve Chairman Jerome Powell will be closely watched, as will the minutes of the U.S. central bank’s last meeting on Wednesday. Also, elections […]
U.S. stock indices were mostly higher on Wednesday, following a rally in the technology industry led by market favorite Nvidia. Wall Street experienced fluctuations on Tuesday, with the S&P 500 up 0.4% and the NASDAQ Composite up 1.3%, ending three days of declines, boosted by a rebound in Nvidia shares. In contrast, the 30-stock Dow […]
U.S. stock index futures and equities were mostly higher on Tuesday, showing signs of recovery after the general sell-off in technology stocks earlier in the week. Wall Street shows signs of recovery after Nvidia losses The technology sector is showing signs of recovery Tuesday after taking a big hit last session, when the NASDAQ Composite […]
U.S. stocks rose on Monday and remained near all-time highs, as investors awaited key inflation data this week to provide further clues about interest rates. The previous week, the major indices closed weaker after the release of stronger-than-expected purchasing managers’ index readings, which increased concerns that the U.S. economy would remain robust, giving the Federal […]
U.S. stocks rose on Thursday, with the technology industry leading the way ahead of the release of employment and housing-related economic data. The major indices are shaping up for a positive week, with the S&P 500 and the NASDAQ Composite hitting new records on Tuesday, thanks to earnings from market darling Nvidia (NVDA). The stock […]
U.S. stocks were trading slightly higher on Tuesday ahead of the release of key retail sales data, a major driver of the U.S. economy. The major indices closed Monday’s trading day higher, with the Dow Jones Industrial Average up just under 190 points, or 0.5%, the S&P 500 up 0.8% and the Nasdaq Composite rising […]
U.S. stocks rose on Wednesday, supported by stronger-than-expected May inflation data before the end of the Federal Reserve’s latest policy meeting. Fed meeting and CPI data U.S. consumer prices increased less than expected on an annual basis in May, as the consumer price index rose 3.3% over the prior year, slowing only slightly from April’s […]
U.S. stocks declined on Tuesday amid caution ahead of the start of the Federal Reserve’s latest meeting and the release of important inflation data later in the week. The major U.S. averages posted new all-time highs on Monday, with the S&P 500 and Nasdaq Composite reaching new records, while the Dow Jones Industrial Average rose […]
Stocks in U.S. equity markets weakened on Monday, shedding some of last week’s significant gains ahead of this week’s Federal Reserve meeting, as well as key inflation-related data. Wall Street’s major indexes posted some losses on Friday, as a blowout nonfarm payrolls report prompted markets to rethink expectations for the central bank’s rate-cutting cycle. Increasing […]
U.S. stocks posted gains on Wednesday as weak labor market data fueled hopes that the Federal Reserve will cut interest rates to support growth this year. Private payrolls disappointed in May Private payrolls grew at a slower-than-expected pace in May, with firms adding 152,000 workers, down from a downwardly revised 188,000 last month, according to […]
