Oil, Crude, trading
Read More »US Shares Display Mixed Performance After NFP Data
Stocks are churning in mixed trading on Wall Street, Friday, following a disappointing jobs report, as markets continue to twirl at the tail end of a dizzying week.The S&P 500 was 0.1% lower, as of 9:50 a.m. Eastern time, after an early 0.7% gain quickly vanished. It’s coming off a …
Read More »First US Omicron Infection Pulls US Shares Down
US shares have surrendered much of their pre-market gains. The S&P 500 index fell under 4600 and is now just 0.4% higher on the day having been as much as 1.9% higher earlier in the session.The Nasdaq 100, meanwhile, has pared back on gains that had been as much as …
Read More »Dow Jones is Facing Some Pressure
Oil, Crude, trading
Read More »US Shares Fall Over Faster Taper Announcement
Stocks on Wall Street fell in early trading Tuesday, driven lower by the growing possibility the Fed may remove its supports for the economy.Fed Chair, Jerome Powell, told a Senate committee on Tuesday that inflation was likely to persist into 2022 and that the Fed would consider tapering more quickly …
Read More »Tech Shares Save Wall Street from Omicron Dilemma
Bargain buying in technology stocks has driven Wall Street higher on Monday following a collapse related to Omicron strain, while the Dow Jones lagged its peers as major banks fell and investors awaited more information on the new coronavirus variant.The S&P technology subindex jumped 2.1%, indicating that investors were likely …
Read More »Dow Jones is The Biggest Loser
Oil, Crude, trading
Read More »COVID Variant, Lockdown Fears Behind Dow ‘s Worst Day in 2021
US shares dropped on Friday, with global markets rattled by a new coronavirus variant discovered in South Africa, which fanned concerns that new growth-crushing lockdowns could be imposed. Trading volumes were low due to the Thanksgiving holiday in the US, which contribute to the market’s volatility. Major benchmarks fell sharply …
Read More »Dow Jones Starts The Session on Negative Side
Oil, Crude, trading
Read More »US Shares Weakened As Investors Await FOMC Minutes
As investors and traders are awaiting the FOMC minutes, the S&P 500 edged down 0.2%, while the Dow Jones Industrial Average weakened 0.3%, or about 110 points. The Nasdaq Composite Index fell 0.2%. That puts the technology-heavy index on pace to decline for a third successive day amid a rise …
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