The main indices of the New York Stock Exchange (NYSE) opened higher on Monday, with Wall Street beginning the week with a positive performance and the Nasdaq hitting a new all-time high, on the back of gains by tech stocks. Concerns about the rising number of coronavirus cases in Asia …
Read More »Wall Street Closes Mostly Higher and Registers Weekly Gains
The New York Stock Exchange (NYSE) closed mostly higher on Friday, with Wall Street investors’ risk sentiment improving on the back of positive economic data. The Dow Jones Industrial Average gained 237.02, or 0.69%, to close at 34,433.84 points. The S&P 500 index finished at a new record high of …
Read More »Wall Street Scores Gains on Biden’s Infrastructure Plan
The main indices of the New York Stock Exchange (NYSE) closed higher on Thursday, with Wall Street investors optimistic about the recent agreement on a new infrastructure plan promising increased work for a number of listed companies. The Dow Jones Industrial Average closed at 34,196.82, rising by 322.58 points, or …
Read More »Wall Street Mixed but Nasdaq Hits New All-Time High
Wall Street showed a mixed performance on Wednesday, as markets continue to react to changes in interest rates and the inflation rate. The Dow Jones Industrial Average lost 71.34 points, or 0.21%, to close at 33,874.24 points. The S&P 500 declined by 4.60 points, or 0.11%, finishing at 4,241.84 points. …
Read More »Nasdaq Closes at New Record High
The New York Stock Exchange (NYSE) closed Tuesday with modest gains, while the Nasdaq index finished at a new record-high closing level. The Dow Jones Industrial Average gained 68.61 points, or 0.20%, to close at 33,945.58 points. The S&P 500 rose by 21.65 points, or 0.51%, and finished at 4,246.44. …
Read More »Blend Labs Files for $100 M IPO
Blend Labs has filed for an initial public offering (IPO) as it plans to sell $100 million worth of shares to publicly trade on the New York Stock Exchange (NYSE). The digital platform focuses on mortgage lending and other fintech services. The newcomer to Wall Street recorded a 90% rise …
Read More »NYSE Closes Monday with Large Gains
The New York Stock Exchange (NYSE) closed higher on Monday, registering large gains in the first session of the week to recover some of the large losses it saw last week following the Fed’s policy statement, which indicated a hawkish change in tone. The Dow Jones Industrial Average gained 586.89 …
Read More »Wall Street Rebounds After Falling Due to The Fed
Wall Street’s main indexes opened higher on Monday, as financial and energy stocks rebounded after hawkish comments from the Federal Reserve last week pushed the Dow and Standard & Poor’s 500 indexes to their biggest weekly losses in months. The Dow Jones Industrial Average rose 21.99 points, or 0.07%, to …
Read More »Wall Street Record Weekly Losses on Fed’s Hawkish Tone
The main indices of the New York Stock Exchange (NYSE) closed lower on Friday, amid concerns about the hawkish tone by the Federal Reserve, with Wall Street worrying about raising interest rated sooner than expected. The Dow Jones Industrial Average declined by 533.37 points, or 1.58%, and closed at 33,290 …
Read More »Wall Street Closes Mixed as Nasdaq Finishes Higher
The New York Stock Exchange (NYSE) showed a mixed performance on Thursday, with Wall Street investors reacting to the recent changes indicated in the U.S. Federal Reserve policy statement, from raising inflation forecasts to expecting two rate hikes in 2023. The Fed maintained the current main interest rate near 0% …
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