U.S. index futures barely moved on Wednesday, and investors appear to be on the sidelines awaiting Nvidia’s results after the close of trading, which will shed light on artificial intelligence-related trading. The rotation in technology stocks intensified earlier this week in the wake of growing conviction that the Federal Reserve will cut interest rates next […]
U.S. markets and stock indices rose slightly on Tuesday, stabilizing after a period marked by volatility ahead of this week’s expected results from chip manufacturing giant Nvidia (NVDA). DJIA in Record-High Territory The Dow Jones Industrial Average reached an all-time high on Monday as a rotation in technology stocks boosted the index’s components. Year-to-date, the […]
U.S. stock indices were slightly higher on Monday, with markets taking a breather after a week of strong gains amid growing expectations of an interest rate cut by the Federal Reserve. Caution mainly gripped the markets ahead of several important events this week, most notably the results of NVIDIA Corporation (NVDA), one of the market’s […]
U.S. stock indexes rose on Wednesday, with investors cautious ahead of revisions to U.S. payroll data and the release of minutes from the Federal Reserve’s latest monetary policy meeting. Wall Street indexes closed lower on Tuesday, ending an eight-day upward streak, despite recovering from weakness and volatility in early August. Payroll revisions and Fed minutes […]
U.S. stock indexes traded steadily on Tuesday, consolidating after another session of positive numbers on Wall Street, with attention focused on the Jackson Hole Symposium for further signals. Wall Street’s benchmark indices were able to close higher on Monday, with the S&P 500 up nearly 1% and the Nasdaq Composite up 1.4%. Both indices posted […]
U.S. stocks traded flat on Monday, consolidating after last week’s gains as investors awaited further signals regarding the Federal Reserve’s monetary policy outlook. Wall Street’s major indices recorded their best week so far in 2024, as recent positive data eased fears of a possible recession. The S&P 500 index gained nearly 3.9%, posting its best […]
U.S. stocks rose on Wednesday as investors digested the latest consumer inflation data amid expectations that the Federal Reserve will ease its monetary policy stance next month. CPI Data Expected to Support Rate Cut Expectations U.S. consumer prices rose less than estimated on an annual basis in July, with the consumer price index increasing by […]
U.S. stock index futures rose on Tuesday during quiet trading in anticipation of key inflation data, which could pave the way for a Federal Reserve rate cut in September. Wall Street’s major indexes showed some volatility on Monday as investors appeared reluctant to commit ahead of the inflation data, especially after last week’s spike in […]
U.S. stock indexes traded quietly on Monday, appearing stable after the wild swings of the previous week, with attention focused on key inflation data due later this week. More CPI data to come This week, attention will focus on the consumer price index inflation data, due on Wednesday, for more signals regarding the economy and […]
U.S. stock indexes rose on Wednesday, following Wall Street’s recent rally, although sentiment remains fragile. Wall Street indexes rose on Tuesday, showing signs of improvement and recovering some of the heavy losses registered the previous week amid concerns about a possible U.S. recession and a slowdown in the technology sector. The S&P 500 along with […]
