Tag Archives: Wall Street

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 …

Futures point to Wall Street gains following Wednesday’s rally and US Stocks jumped for a second day Thursday as investors cheered another better-than-expected inflation report.The Dow Jones Industrial Average rose 182 points, or nearly 0.5%. The S&P 500 added 0.5%, and the Nasdaq Composite rose 0.2%.Investor sentiment got a boost …

US stock indexes opened trading on Wednesday, August 10, with the release of inflation data for the month of July, which came less than expected. At the beginning of the session, the Dow Jones index jumped by 1.36% to 3321.8 points, the Nasdaq rose by 2.22% to 12,768 points, and …

The robust set of job market data seemed to have cleared much concern over the US recession and set the tone for the financial markets. Benchmark treasury yields jumped as traders added bets on Fed continuing with the current pace of tightening beyond neutral. However, despite that, stock markets were …