Tag Archives: S&P 500

US equities are sharply surging on Tuesday as investors digest another batch of corporate results and earnings. The S&P 500 index gained 2.5%, while the Dow Jones Industrial Average jumped 675 points, or roughly 2.2%. The tech-heavy Nasdaq Composite climbed 2.8%.Johnson & Johnson reported earnings for the period that beat …

Wall Street stocks dropped and short-dated Treasuries came under pressure on Wednesday after hotter than expected US inflation data fueled expectations of aggressive Federal Reserve rate hikes.US stocks opened sharply lower after the Consumer Price Index reading in June showed inflation surged in June more than expected, with the annual …

Monday witnessed a volatile trading session and US stocks ended slightly lower after posting sharp gains the week before, while oil prices and Treasury yields rose.Economic data on Monday showed new orders for US-made capital goods and shipments increased solidly in May, pointing to sustained strength in business spending on …

Wall Street was set to open higher on Tuesday and European shares were set for a second day of gains, recovering slightly from last week’s 17-month lows, but major central banks’ rate hike plans and global recession risks kept investors cautious. World stocks have edged higher so far this week, …

US stocks are climbing ahead of the Federal Reserve monetary policy decisions, expected to hike 75 bps. The Nasdaq Composite leads the pack, followed by the S&P 500 and the Dow Jones.US equities recovered some ground after a string of five days of losses and are gaining between 1.05% and …

Wall Street’s main indexes retreated in mixed trading Thursday. Technology and growth equities are struggling to find direction amid rising treasury yields and weaker risk appetite on the back of accelerating concerns around soaring inflation and aggressive interest rate hikes.The Dow Jones Industrial Average was down 60.73 points, or 0.18%, …

US stock indexes slipped in mixed trading on Tuesday as investors digested Target Corp’s gloomy margin forecast that spooked the retail sector, while awaiting inflation data due later this week.Target’s shares slid 4.3% as the big-box retailer said it would have to offer deeper discounts and cut back on stocking …

US equities closed slightly higher on Monday after a mixed trading session, helped by gains in Amazon.com and other mega-cap growth shares, while worries over inflation and interest rates threw heavy shades on the market.Consumer discretionary and communication services had the day’s biggest gains. But investors are still focused on …

Wall Street’s main indexes opened higher on Monday after falling last week, with US-listed Chinese technology stocks rising, boosted by optimism about easing regulatory measures and restrictions imposed to combat COVID-19 in the world’s second-largest economy. The Dow Jones Industrial Average rose 132.34 points, or 0.40 percent, to 33,032.04 points. …

The S&P 500 fell 1.6%, while the Dow Jones Industrial Average shed 350 points, or 1%. The Nasdaq Composite tumbled 2.5%. Meanwhile, the most notable move following the jobs report came from the bond market, with the yield on 10-year Treasury jumping as much as 7 basis points to near …