US stocks are suffering from pressures that push most indicators on Wall Street downward, following a new batch of US employment data that shed light on the continued growth of jobs in the United States, which is moving in the opposite direction to the conditions that the Federal Reserve prefers …
Read More »Dow Jones stumbles amid still hot inflation
The Dow Jones fell over 500 points on Thursday due to inflation complications and missed US GDP figures. The slowing growth is a positive for investors seeking an accelerated path towards rate cuts from the Federal Reserve, but sticky inflation continues to vex hopes for an early Fed rate trim. …
Read More »Dow Jones advances amid improved risk appetite
The Dow Jones climbed to a five-day high on Monday near 38,400.00 before settling close to 38,230.00 at the closing bell. The major equity index is still down over 4% from late March’s record peaks, but it continues to pump the brakes on any meaningful declines, trading well above the …
Read More »Dow Jones declines on geopolitical tensions, higher T-yields
Concerns about Middle Eastern geopolitical tensions have been coupled with high yields, which have caused further decline in the Dow Jones Index. In the early afternoon, the index is trading little higher after losing its early gains. The market’s appetite for risk has increased following to Goldman Sachs’ better-than-expected quarterly …
Read More »Stock Indexes Retreat After Banking Earnings
Earnings season began on Wall Street with a puzzle. Despite the fact that major banks like JPMorgan Chase and Wells Fargo had higher-than-expected profits, the market as a whole and their equities both fell on Friday. Investors appear uneasy due to JPMorgan’s cautious outlook for the remainder of the year …
Read More »US Stocks Close Flat Ahead of CPI Data
At the end of a turbulent North American session on Monday, US equities remained mostly steady as a solar eclipse provided some diversion ahead of the key CPI inflation data and the start of the first-quarter earnings season. The Nasdaq opened a new tab and finished marginally up, while the …
Read More »US Stocks Decline Amid Middle East Geopolitical Tensions
US stocks have significantly declined since the Israeli Air Force declared maximum alert and the army suspended vacations for combat forces due to concerns about the possibility of Iran launching attacks on Israeli territory, which brought back geopolitical tensions in the Middle East.Israeli Air Force raised its alert to the …
Read More »Rising US Stocks look forward to Fresh Records
Fresh records have become the usual story on Wall Street during the first quarter of the year. Accordingly; The US stocks rose on Tuesday as markets looked to continue to rally. The S&P 500 rose nearly 0.3%, while the Dow Jones Industrial Average edged higher by roughly 0.2%. The tech-heavy …
Read More »US Stocks Notch Weekly Gains
The US equity market witnessed volatility on Friday, resulting in a three-quarters of a percent decline in the Dow Jones and the S&P 500 retreating, -0.14%, around 0.6 percent, the market was testing down. With real estate down about 1.25% and the financial sector down 1.21% on the day, the …
Read More »Dow skyrockets to fresh record after Fed’s hints at 3-rate cuts
After the Fed had hinted at three rate cuts in the pipeline for 2024, the Dow surged to new heights. Following the Federal Reserve’s the retention of Fed’s 23-year high rate of interest rate and its hold on the projections for three rate cuts before the end of 2024, the …
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