The New York Stock Exchange said Monday that a technical issue that halted trading for some major stocks and caused Berkshire Hathaway to be down 99.97% has been resolved. In an update, NYSE said impacted stocks have reopened and “all systems are currently operational.” Inter-continental Exchange, the parent company of …
Read More »Why have some of Warren Buffett’s shares dropped by 100%?
On the opening day of the new trading week, there were trading disruptions on the New York Stock Exchange due to a technical issue that resulted in the suspension of trading in certain blue-chip companies and large losses for other equities during Monday’s session.The most severely impacted company by this …
Read More »Wall Street: S&P 500 and Nasdaq Set New Record Highs
The New York Stock Exchange (NYSE) continued with a positive performance on Tuesday, with the S&P 500 and Nasdaq indices hitting new record highs. Wall Street is anticipating the upcoming speech by Federal Reserve Chairman Jerome Powell at the Jackson Hole event. The Federal Reserve’s most recent meeting minutes showed …
Read More »NYSE Finishes Higher with New Record Highs
The New York Stock Exchange (NYSE) finished higher on Thursday, with the Dow Jones and S&P 500 indices logging new record highs for the third consecutive sessions for the first time since mid-March. The Dow Jones Industrial Average added 14.88 points, or 0.04%, to close at an all-time high of …
Read More »NYSE Finishes Lower Reversing Earlier Gains
The New York Stock Exchange (NYSE) finished Monday mostly in losses, erasing earlier gains amid worries about recovery from the coronavirus pandemic, with the rising number of infections with the new Delta variant, especially after the PMI showed slower expansion in U.S. economic activity last month. The Dow Jones Industrial …
Read More »NYSE Closes Lower Following Fed Statement
The New York Stock Exchange (NYSE) showed a mixed performance on Wednesday, after the Federal Reserve kept interest rates unchanged at a historically low level near 0%, vowing to continue to use its full range of tools to support the economy on the road to recovery from the coronavirus crisis. …
Read More »NYSE Closes Lower Following Fed’s Statement
The New York Stock Exchange (NYSE) closed lower on Wednesday after the Federal Reserve pointed to its expectation that interest rates will be raised earlier than previously expected with two rate hikes in 2023. The Dow Jones Industrial Average fell by about 266 points, or 0.77%, to close at 34,033.7 …
Read More »Wall Street Rises After Inflation Data and S&P 500 Hits Record High
The main indices of the New York Stock Exchange (NYSE) rose on Thursday in early trades, despite today’s data showing a surge in inflation to its highest level since 2008, with the S&P 500 index hitting a new record high. Wall Street investors are awaiting whether the 5% rise in …
Read More »NYSE Finishes the Week with Gains Following Jobs Report
The New York Stock Exchange (NYSE) closed higher on Friday on the back of positive expectations for economic recovery, despite the May jobs report coming below expectations. The Dow Jones Industrial Average added 179.35 points, or 0.52%, to close at 34,756.39 points. The S&P 500 rose by 37.04 points, or …
Read More »NYSE Closes Lower Ahead of Jobs Report
The New York Stock Exchange (NYSE) finished lower on Thursday, with tech stocks leading the decline. In addition, a rise in Treasury bond yields to their highest level in more than two weeks weighed on the stock market. The Dow Jones Industrial Average slipped by 23.34 points, or 0.07%, to …
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