The main indices of the New York Stock Exchanges (NYSE) closed lower on Tuesday, ending a rally that saw new record highs on the back of positive earnings reports by some of Wall Street’s blue chips. Concerns over the spread of the Delta variant, which led the CDC to recommend …
Read More »Dollar on a Slide and Wall Street Rise Ahead of Fed Meeting
The Dollar Index (DXY) finished Monday on a lower note, amid anticipation for the upcoming policy meeting by the U.S. Federal Reserve. The index, which measures the performance of the U.S. Dollar (USD) against a basket of six major international currencies settled at 92.649, losing 0.28% on a daily basis, …
Read More »US Stocks Open Higher on Friday
Wall Street’s major indexes opened higher on Friday, boosted by big-cap technology stocks and risk flows continuing to dominate the markets, with the focus shifting to business activity data later in the day. The S&P 500 is up 0.45% today at 4,387, the Dow Jones Industrial Average is up 0.6% …
Read More »Wall Street Closes with Modest Gains
U.S. stocks finished Thursday with modest gains, maintaining a rising trend for the third consecutive session, as Wall Street investors shook off concerns about recovery after data showed a surge in jobless claims last week. The Dow Jones Industrial Average gained 25.35 points, or 0.07%, to close at 34,823.35 points. …
Read More »US Stocks Opened Mixed, Crude Oil Prices Rise
The US major stock indices opened mixed, close to Wednesday’s closing levels. Looking at the major indices, the S&P 500 is down 0.1% today, almost unchanged at 4,354, the Dow Jones Industrial Average is down slightly by 0.33% at 34,683, and the Nasdaq Composite opened slightly higher by 0.25% at …
Read More »Wall Street Opens Higher After Strong Results
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 …
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