The benchmark indices of the New York Stock Exchange (NYSE) closed lower on Thursday, as Wall Street was impacted by the decline in risk appetite, ahead of a speech by the Federal Reserve Chairman Jerome Powell at the Jackson Hole economic symposium. This ended five and four consecutive sessions of …
Read More »Wall Street Maintains Gains and Sets New Record Highs
The main indices of the New York Stock Exchange (NYSE) closed higher on Wednesday, as Wall Street continued with its rally as S&P 500 and Nasdaq closing at new record highs, while Dow Jones rose for the fourth consecutive session. Positive earnings reports for the second quarter of the year …
Read More »Wall Street: S&P 500 and Nasdaq Set New Record Highs
The New York Stock Exchange (NYSE) continued with a positive performance on Tuesday, with the S&P 500 and Nasdaq indices hitting new record highs. Wall Street is anticipating the upcoming speech by Federal Reserve Chairman Jerome Powell at the Jackson Hole event. The Federal Reserve’s most recent meeting minutes showed …
Read More »Wall Street Rebounds with Nasdaq Hitting New Record High
The main indices of the New York Stock Exchange (NYSE) finished higher on Monday, with the Nasdaq hitting a new all-time closing high and the S&P 500 nearing its record high. Meanwhile, Wall Street investors seemed more optimistic about efforts to combat the coronavirus pandemic, after the Food and Drug …
Read More »Wall Street Rebounds but Scores Weekly Loses
The main indices of the New York Stock Exchange (NYSE) rebounded on Friday but Wall Street could not recoup their recent losses to finish the week down after the U.S. Federal Reserve signaled plans to scale back asset purchases possibly before the end of the year. Most market sectors showed …
Read More »Wall Street Opens Higher ahead of Weekend
Wall Street opened higher on Friday, showing signs of a rebound after taper talks in the Fed July meeting minutes weighed on investor’s sentiment. In addition, a hawkish tone by Dallas Fed President Robert Kaplan calmed market fears over scaling back asset purchases too soon. Kaplan told Fox News earlier …
Read More »Wall Street Mixed with Investors Reacting to Fed Minutes
The main indices of the New York Stock Exchange (NYSE) finished Thursday with a mixed performance. Despite a rebound by tech stocks, with the decline in Treasury bond yields, Wall Street remained negatively impacted by the Federal Reserve’s July meeting minutes that indicated plans to scale asset purchases sooner than …
Read More »Wall Street Opens Lower on Fears of Subsidy Cuts And Commodity Losses
US stocks opened lower on Thursday on concerns that the Federal Reserve may begin to rein in its massive monetary stimulus program, while commodity-related stocks tumbled as oil and metals prices sank to a multi-month low. The Dow Jones Industrial Average fell 86.02 points, or 0.25 percent, to 34,874.67 points, …
Read More »Wall Street Extends Losses Following Fed’s Minutes
The benchmark indices in the New York Stock Exchange (NYSE) finished lower for the second consecutive session on Wednesday, with Wall Street responding to the Federal Reserve’s July meeting minutes that showed a path to cut back the massive asset purchases before the end of 2021 or in January. The …
Read More »Wall Street Recovers Earlier Losses and Finishes Mostly at New Record Highs
The main indices of the New York Stock Exchange (NYSE) continued to show a mixed performance, with Wall Street investors seemingly not paying much attention to the disappointing economic data in the U.S. and China. The Dow Jones Industrial Average closed higher by 110.02 points, or 0.31%, at 35,625.4 points, …
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