Major US stock indexes opened higher on Wednesday, with renewed optimism about the health of the US corporate sector after strong quarterly results from companies such as Johnson & Johnson and Coca-Cola. The Dow Jones Industrial Average rose 45 points, or 0.13 percent, to 34,556.96 points, the S&P 500 index …
Read More »NYSE Snaps Three-Week Rising Streak
The New York Stock Exchange (NYSE) closed lower on Friday, erasing earlier gains after data showed increased fears over inflation reflecting negatively on consumer confidence. All the major indices finished the week in losses, ending a three-week rising streak that saw multiple record-breaking levels. The Dow Jones Industrial Average lost …
Read More »Wall Street Closes Mostly Higher After Powell’s Testimony
The main indices of the New York Stock Exchange (NYSE) finished mostly higher on Wednesday, with Wall Street investors digesting the Federal Reserve Chairman Jerome Powell’s testimony before lawmakers, in which he vowed patience and no rush in raising interest rates in response to the rising inflation. Powell expects inflationary …
Read More »Wall Street Closes Lower After Inflation Surge
The New York Stock Exchange (NYSE) closed lower on Tuesday, after logging new record highs yesterday, as Wall Street investors responded to the huge surge in inflation. June’s reading of the Consumer Price Index (CPI) showed a 5.2% surge, exceeding market expectations. The Dow Jones Industrial Average declined by 0.31% …
Read More »Wall Street Mixed Following Inflation Data
The main indices of the New York Stock Exchange (NYSE) that all logged new record highs by the end of the week’s first session are showing a mixed performance on Tuesday, with Wall Street reacting to the release of inflation data. The Dow Jones Industrial Average is marginally down by …
Read More »Wall Street Closes at New Record Highs
The New York Stock Exchange (NYSE) finished Monday’s trading with another record-breaking performance amid an improved risk sentiment among Wall Street investors, who are anticipating major economic data led by the reading of the inflation rate, with the Consumer Price Index (CPI) June reading due tomorrow. The Dow Jones Industrial …
Read More »Nasdaq and S&P 500 Hit Record Highs
The main indices of the New York Stock Exchange (NYSE) opened the week on a positive note, with the Nasdaq and the S&P 500 indices hitting new record highs in early Monday trade before easing, as Wall Street investors are focusing on financial results and economic data. Markets anticipate the …
Read More »Wall Street’s main Indexes Trade Mixed on Monday.
Major stock indexes opened mixed on Monday as investors seem to be choosing to stay on the sidelines ahead of this week’s macroeconomic data releases. At the time of writing, the S&P 500 touched a record 4,372 posting modest losses to 4,360. The Dow Jones Industrial Average fell 0.4% to …
Read More »Wall Street Register Third Straight Weekly Gain
The main indices of the New York Stock Exchange (NYSE) rebounded on Friday, turning to a third consecutive weekly rise after recent declines, which were mostly due to concerns among Wall Street investors about recovery from the pandemic and the mixed economic data. The Dow Jones Industrial Average gained 448.23 …
Read More »Wall Street Drops Due to Pandemic and Recovery Concerns
The New York Stock Exchange (NYSE) closed lower on Thursday, with the main indices on Wall Street seeing their worst daily losses since June 18. Rising demand for Treasury bonds and safe haven amid concerns about the rising number of Coronavirus (COVID-19) cases infected mainly with the variants are negatively …
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