Tag Archives: dow

Yesterday, Microsoft Corporation unveiled its third-quarter financial results, surpassing analysts’ forecasts fueled by robust corporate demand for its cloud and artificial intelligence services. The tech giant reported earnings per share of approximately $2.94, exceeding the anticipated $2.82 per share. Similarly, Microsoft’s revenue climbed to $61.86 billion, surpassing expectations of around …

The US economy is expected to have maintained solid growth in the first quarter of the year, albeit at a slightly slower pace, while inflation likely picked up speed. This reinforces market expectations that the Federal Reserve will postpone interest rate cuts until September. The Commerce Department’s report on first-quarter …

Oil, Crude, trading

US stock futures fell on Wednesday night after Meta Platforms reported its latest quarterly results, while traders also awaited the release of key economic data later this week. Futures tied to the Dow Jones fell 76 points or 0.2%, while S&P 500 futures slid 0.6% and Nasdaq 100 futures dropped …

Oil, Crude, trading

Oil, Crude, trading

Oil, Crude, trading

The Dow Jones Industrial Average is moving higher on Friday, following upbeat US employment figures and hawkish comments by Federal Reserve Governor Michelle Bowman. The index is on track for its worst week in the last year as strong US economic data has put the Fed’s easing plans into question. …

As the eagerly awaited monthly U.S. labor market report looms on the horizon, analysts and investors alike brace themselves for its potential impact, recognizing its pivotal role in shaping the trajectory of economic policy. Scheduled for release at 08:30 ET (12:30 GMT), this report holds the potential to sway sentiments …

The Dow dropped 488 points, or 1.2%. The benchmark had dropped more than 500 points. The S&P 500 dropped 0.9%, while the Nasdaq Composite dropped 1.1%. Stocks had a difficult start to the second quarter as sticky inflation data from last week’s end and some positive economic data on Monday …