After the three major indexes logged their worst week in three months, US stocks rose on Monday. The S&P 500 climbed 0.3% after starting the session in the red territory, while the Dow Jones Industrial Average added 100 points. The tech-heavy Nasdaq advanced 0.2%.In the bond market, the benchmark US …
Read More »US shares stabilize following massive selloff
The Nasdaq Composite closed higher in a mixed trading session on Wednesday as investors tried to find their footing after the biggest one-day drop in more than two years.The modest gains followed a massive sell-off for stocks on Tuesday. The Dow sank more than 1,200 points, or nearly 4%, while …
Read More »S&P 500, Nasdaq, Dow Entrench Rally Softer Dollar
US indices carried over last week’s improved risk appetite and ended in positive territory on Monday, achieving four consecutive days of gains and reaching their best levels in two weeks. The lack of important data on the economic calendar and the generally quiet session due to the Fed’s blackout period …
Read More »US shares boosted by tech, growth stocks on Friday
US shares rose in afternoon trading on Wall Street, on Friday, keeping the market on track to break a three-week losing streak.The S&P 500 rose 1.5% as of 1:50 p.m. Eastern and is up 3.6% for the week. The Dow Jones Industrial Average rose 384 points, or 1.2%, to 32,155 …
Read More »US shares attempt to recover on easing T-yields
Dow jumps 200 points Wednesday, Nasdaq tries to snap 7-day losing streakUS shares surged on Wednesday. The shares are trying to abandon three-week slide as rates and oil prices eased, cooling investor concerns about continued high inflation.The Dow Jones Industrial Average gained 280 points, or 0.9%. The S&P 500 rose …
Read More »Wall Street falls as investors wait for signs of a rate hike
Wall Street’s main indexes fell on Wednesday as recent economic data fueled fears of a slowdown ahead of the US Federal Reserve’s annual conference this week. The Dow Jones Industrial Average fell 10.58 points, or 0.03%, to 32,899.01 points. The Standard & Poor’s 500 index opened down 2.18 points, or …
Read More »Dow Jones slides, S&P 500 Heading to abandon 4-week gains
Expect markets to reach new highs next year, says Ed YardeniThe S&P 500 fell 1.3%, while the Dow Jones Industrial Average slid 302 points, or 0.89%. The Nasdaq Composite slid 2%. US shares generally retreated on Friday as Wall Street’s summer rally looks hesitant versus rate hike fears. The dominating …
Read More »US stocks shot higher after inflation data
US stock indexes opened trading on Wednesday, August 10, with the release of inflation data for the month of July, which came less than expected. At the beginning of the session, the Dow Jones index jumped by 1.36% to 3321.8 points, the Nasdaq rose by 2.22% to 12,768 points, and …
Read More »AUD/USD eyes a correction from US session highs
The AUD/USD pair’s performance is flat in the first hour of Asian trade on Friday as it moves in on extremes of a broadening formation on the charts, but fundamentally, the stock markets on Wall Street and the softer US dollar have been a significant catalyst, so, the pair rallied …
Read More »US stock market continues rallying
The US stock market continued its recent rally on Wednesday’s trading session, with technology stocks jumping. For the entire market, earnings remain in the investors’ focus.Stocks finished higher on Wednesday, adding to sharp gains booked a day before, with corporate earnings from a string of major technology companies in focus.The …
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