Tag Archives: S&P 500

Joshua Shifrin, the international head of trading strategy at Goldman Sachs, has stated that the bank anticipates the US Federal Reserve to cut interest rates four times in 2024. He also expects inflation in the United States to reach 2% during the year. Shifrin suggests that the first half of …

Tuesday saw a decline in US stocks as investors continued to monitor the direction of interest rates following a mediocre start to the earnings season that was marked by significant bank results.The S&P 500 fell 0.2% and the Dow Jones Industrial Average fell 0.4%. Despite briefly entering positive territory during …

US stocks initially rallied on Friday after the US Producer Price Index (PPI) declined faster than market models predicted, despite Thursday’s CPI showing unexpectedly accelerated consumer inflation in December. The monthly PPI for December fell by 0.1%, in line with the previous month’s -0.1% decline, missing the median market forecast …

The first trading session of 2024 saw a decline in the US stock market as investors lowered their expectations for interest rate cut this year. Tuesday’s drop in Apple shares is due to a downgrade by Barclays. Tesla continues to deliver record numbers in Q4. The drab beginning comes after …

The S&P 500 is nearing all-time highs near $4,800, but a late-day pullback due to rising Treasury yields has pushed assets lower. The market’s risk rally, driven by rate cut expectations in 2024, has been slowed down by a surprise increase in US 7-year Treasury yields, causing a reversal of …

US stocks opened higher on Tuesday to start the last week of the year, as traders aimed to end 2023 on a strong note. The S&P 500 climbed 0.3%, and the Nasdaq Composite advanced 0.4%. The Dow Jones Industrial Average gained 100 points, or about 0.3%. Intel rose nearly 3% …

The S&P 500 increased on Friday in response to lower inflation figures, and Wall Street was hoping to continue its year-end rally as the major averages were headed for their eighth consecutive winning week. The Nasdaq Composite increased by 0.16%, while the Dow Jones Industrial Average dropped 10 points, or …

Following the largest day sell-off in months for the main indexes, US equities rose early on Thursday. The S&P 500 surged by roughly 0.8% at the start of trading, recovering from the benchmark index’s largest one-day drop since October. Following the end of nine-day winning streaks, the teach-heavy Nasdaq Composite …

Stocks experienced a decline on Wednesday due to investors cashing in profits following the market’s recent hot streak. FedEx, the largest laggard in the S&P 500, lost over 10% due to disappointing revenue outlooks and disappointing second-quarter results. The , a price-weighted index of 20 stocks, also fell by 0.9%. …

Dow Jones and S&P 500 closed higher on Tuesday, with all three major averages on track to finish December with gains. S&P 500 is up 4.4% for the month and comes off its longest weekly winning streak since 2017. Dow and Nasdaq are up 4.5% and 5.5%, respectively. S&P 500 …