Tag Archives: Wall Street

US stocks are generally struggling to put an end to the three-day losses. Traders and investors are still busy digest monetary policy signals and comments by the Fed speaks.Any economic downturn would give the Fed reason to ease up its rate hiking stance. Stocks have been subject to heavy selloff …

US stock indexes hit fresh one-month lows on Monday, adding to a sharp selloff last week as investors worried about the Fed’s plan to keep raising interest rates in its fight against inflation even if the cost is an economic slowdown.At 11:43 a.m. ET, the Dow Jones Industrial Average (.DJI) …

Stocks fell after Federal Reserve Chair Jerome Powell said Fed will continue to raise rates to fight inflation in his Jackson Hole speech while The Fed’s favourite inflation measure shows prices have eased in July. The Dow Jones Industrial Average dropped 302 points, or 0.91%. The S&P 500 fell 1.11% …

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 …

The Dow fell 121 points, or 0.37%. The S&P 500 lost 0.03% and the Nasdaq Composite advanced 0.17%. Healthcare, real estate and utilities were the worst performers in the S&P 500. Meanwhile, energy was the biggest winner in the broader market index, up 4% on the back of rising oil …

The Dow Jones Industrial Index sharply fell, on Monday, in its worst day since June, as the summer rally fizzled out and fears of aggressive interest rate hikes returned to Wall Street.The Dow fell 643.13 points, or 1.91%, to 33,063.61. The S&P 500 dropped 2.14% to 4,137.99, and the Nasdaq …

The US dollar continued to rise on Friday, taking advantage of the negative factors that dominated the markets last week with Federal Reserve officials and their statements to raise interest rates at a faster pace. The euro and the British pound fell to a one-month low against the safe-haven US …

Wall Street banks constitute the majority of companies involved in communications and record-keeping investigations conducted by the US Securities and Exchange Commission and the Commodity Futures Trading Commission.Banks have collectively been fined or have set aside more than $1 billion to cover regulatory penalties. This is why asset managers are …

Global equities fell while US Treasury yields rose on Wednesday ahead of the release of the Fed’s meeting minutes that are expected to reveal the extent of officials’ hawkish stance on interest rates and inflation.MSCI’s gauge of stocks in 50 countries across the globe (.MIWD00000PUS) shed 0.94%, while the pan-European …

August is historically the dullest month of the year for financial markets, but all five trading days (August 8-12) witnessed important market news and economic data that had a significant impact on almost all assets. The influence of the week’s economic data could continue into the future. The CPI report …