The New York Stock Exchange (NYSE) opened lower on Monday, beginning the week with a relatively negative performance, following last week’s performance that was the worst in Wall Street in about three months. Recent selling pressures due to fears about the rise in inflation rates have negatively impacted stock prices. …
Read More »Wall Street Closes Lower amid Tech Sell-Off
The main indices of the New York Stock Exchange (NYSE) closed lower on Monday, due to increased selling pressures by Wall Street investors who projected concerns about a rise in inflation. After opening higher and shortly hitting a new intraday record high, the Dow Jones Industrial Average lost all of …
Read More »Wall Street Opens Week with Mixed Performance
The main indices of the New York Stock Exchange (NYSE) opened the new week on a varied note, with Wall Street investors mostly optimistic about the prospects of a strong recovery. Rising commodity prices also provided support to energy and mining stocks. The Dow Jones Industrial Average opened at a …
Read More »Wall Street Closes Higher Following Jobless Claims Drop
The main indices of the New York Stock Exchange (NYSE) finished higher on Thursday, despite earlier fluctuations, as Wall Street investors anticipate more positive economic indicators. Earlier today, official data showed a decline in the new claims for unemployment benefits to their lowest level since the beginning of the coronavirus …
Read More »How Wall Street Reacted to Rate Hike Talks and Rising Local Demand?
The main indices of the New York Stock Exchange (NYSE) showed a mixed performance on Tuesday, amid concerns among Wall Street investors about the prospects of higher interest rates. The tech sector continued with a downward trend after the U.S. Treasury Secretary suggested raising interest rates might be needed to …
Read More »Wall Street Finishes Mostly Higher
The main indices of the New York Stock Exchange (NYSE) closed mostly higher on Monday, as Wall Street investors looked at recent economic data that suggested the manufacturing sector, as an indicator for the economy, continue to expand but at a slow pace due to supply chain challenges. The Dow …
Read More »Wall Street Opens Higher amid Recovery Signs
The New York Stock Exchange (NYSE) opened the first week of May on a positive note, after recording losses last week. Wall Street investors are expecting a rebound from the negative impacts of the Coronavirus pandemic, and optimistic about large listed companies and corporations achieving positive results. The Dow Jones …
Read More »US Stocks Dropping Despite Huge Profits From Amazon And Dow Jones Down 200 Points
The S&P 500 index fell 0.75%, while the Dow Jones Industrial Average declined 200 points, and the Nasdaq index fell 0.85%. And Amazon, the last of the Wall Street mega tech companies to publish their results, reported record profits in the first quarter of the year. The Seattle-based company said …
Read More »Amazon Sales Are up 44% in Q1 2021 and the stock at an All-Time High
Amazon shares rose as much as 3% in post-close trade Thursday April 29th, after the company released its first-quarter earnings, beating Wall Street’s earnings and revenue expectations. The company made profits of $15.79 per share, compared to expectations of $9.54 per share, and revenues of $108.52 billion compared to expectations …
Read More »Wall Street Closes Lower Following Fed’s Policy Decision
The New York Stock Exchange (NYSE) finished lower on Wednesday, following the Federal Reserve’s decision to maintain interest rates at a historic low level near 0%. The marker is also anticipating today’s speech by President Joe Biden in front of a joint session of Congress. Facebook shares continued to rise …
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