Tag Archives: dowjones

US stocks traded higher on Wednesday after the inflation report comprising the awaited CPI data was released but in the afternoon trade gains were cut. The inflation figures in the US eased concerns that the Fed will need to tighten faster than early announced. The S&P 500 added roughly 0.28% …

The S&P 500 index is down by about 0.6% as yields rally, hurting the dominant tech sector. The latest US jobs report, though mixed, has been interpreted as endorsing the Fed’s monetary tightening plans for 2022.The S&P 500 is trading on the back foot as its heavyweight tech sector suffers …

As traders continue to digest Wednesday’s hawkish Fed minutes, which caused US shares to retreat, and discuss its implications of the minutes to Fed’s policy tightening, US equity trading has displayed more passive performance. The S&P 500 Index has been hovering around the 4700 level on Thursday between 4670 lows …

On a quiet day of economic announcements, the investors are keenly observing factors impacting the stock markets, especially the spread of COVID-19 variant.Initial signs from the U.S. Futures Index suggest that Wall Street might open higher. Asian shares finished mostly up, while European shares are trading mostly positive.The Dow futures …

The major averages are comfortably higher on low volume as investors start to head for the exits and start the holidays.The S&P are up by +0.7%, Nasdaq +0.7% and Dow +0.6%. Ten of 11 S&P sectors are higher, led by Industrials and Materials. Real Estate is the only decliner. All …

Markets retreated from their previous surging for three successive trading sessions, opening lower Thursday morning, despite fresh data from the US Labour Department that showed the number of Americans filing initial jobless claims fell to the lowest level in 52 years. All major US indexes were down in early trading, …

Stocks jumped Thursday, continuing a unrestrained week for markets driven by uncertainty about the potential impact of the Omicron strain on public health and the economic recovery.Shares rose, with the S&P 500 and Dow Jones more than recouping Wednesday’s losses as of late afternoon. All 11 sectors of the S&P …

US Shares turned lower in morning trading despite strong earnings from Macy’s and Kohl’s and despite unemployment data that showed the labor market is continuing to recover.Stocks have been shaken since midday trading on Wall Street Thursday as investors reviewed the latest earnings reports from retailers and an update on …

U.S. consumer sentiment fell in early November to the lowest level in 10 years as surging inflation cut into households’ living standards, with few believing policymakers are taking sufficient steps to mitigate the accelerating inflation.The University of Michigan’s Consumer Sentiment Index dropped to 66.8 in its preliminary November reading, released …

The S&P 500 has edged higher in the New York session, up by 0.08%, to settle at 4,701.The Dow Jones Industrial has added 0.23%, up to 36,412, while the Nasdaq has fallen by 0.01%, at 16,358. Positive U. S. jobs data last Friday, in addition to tapering by the U. …