Tag Archives: us stocks

US stocks pared back a rally as investors digested a round of comments from Federal Reserve officials suggesting more monetary tightening was needed to fight inflation even in the wake of turbulence in the banking sector. The S&P 500’s advance withered to 0.3% with financials again under pressure, while the …

While Wall Street regains some stability at the close of what has been a turbulent month, stocks were divided on Tuesday. The S&P 500 fell 6.26 points, or 0.2%, to 3,971.27 even though the vast majority of the index’s companies increased. The Nasdaq composite dropped 52.76, or 0.4%, to 11,716.08 …

US stocks closed in positive territory on Friday after a volatile week following the Federal Reserve’s interest rate decision on Wednesday and further pressure in the banking sector. The S&P 500, which fell as much as 1% in early Friday trading, ended up 0.57%. The Dow Jones and technology-heavy Nasdaq …

On Friday, banks-related anxiety caused the euro and pound to plunge against a rising dollar, as better-than-expected economic data failed to improve the mood. European banking stocks dropped on concerns that the largest issues to hit the industry since the 2008 financial crisis have not yet been resolved, with giants …

Prior to the completion of the Federal Reserve’s policy meeting, when investors will be seeking for any indication of what could happen with interest rates given the upheaval in the banking sector, the dollar lingered at five-week lows on Wednesday. The most likely conclusion, according to the markets, is a …

The dollar stabilized in Asian markets on Tuesday, but struggled to move away from its lowest levels in five weeks, as dealers believed that banking pressures would prevent the Federal Reserve from raising interest rates by a large amount, or perhaps not at all, at its meeting this week. The …

The dollar fell on Friday as risk appetite improved after authorities and banks in key markets moved to ease pressure on the financial system, calming other major currencies that had fallen earlier in the week in the wake of banking turmoil. On Thursday, large US banks pumped $30 billion in …

The dollar found support in Asian markets on Wednesday, as investors cut their expectations about cutting interest rates in the United States after easing fears of a banking crisis and the release of data showing that inflation remains high. In early trading, the wave of selling the dollar, which lasted …

Despite rising Treasury rates and CPI on Tuesday, the US dollar was unable to recover. Wall Street recovered and ended its five-day losing streak. The dollar continued to decline on Tuesday, although it managed to stay above Monday’s lows while remaining weak. The Nasdaq increased by more than 2%, while …

Following a significant selloff over the previous few days, regional bank stocks rallied to conclude the US trading session. On Tuesday, bank stocks increased and Treasury yields increased as some traders expected that banking sector hardship may be minimised, allowing the Federal Reserve to concentrate on fighting inflation.Compared to Monday’s …