The New York Stock Exchange (NYSE) closed Tuesday on a mixed note, following the release of the March reading of the U.S. inflation rate, which led to a rise in technology stocks. Treasury bond yields declined, with the benchmark 10-year U.S. Treasury bond yield falling by 5.6 basis points to …
Read More »Wall Street Mixed Following Inflation Data and Vaccine News
The New York Stock Exchange (NYSE) is showing a mixed performance on Tuesday, following the release of inflation data for March and halting the distribution of the Johnson & Johnson coronavirus single-dose vaccine. The Dow Jones Industrial Average gave up a record high ad decline by around 0.26% to 33,660 …
Read More »Wall Street Closes in Decline
The main indices of the New York Stock Exchange (NYSE) finished lower on Monday, starting the week with a negative performance as Wall Street investors turn to their focus to the upcoming earnings reports from listed companies. The Dow Jones Industrial Average closed lower by 55.20 points, or 0.16%, at …
Read More »Wall Street Opens Lower, Focus on Earnings And Data
Wall Street’s main indexes fell on Monday, while the S&P 500 retreated from record highs, as investors brace themselves to start the earnings season and the release of a major inflation report this week. The Dow Jones Industrial Average fell 25.54 points, or 0.08%, to 33,775.06 points. The Standard & …
Read More »USD and Wall Street Rise Following Fed’s Meeting Minutes
The U.S. Dollar (USD) rebounded on Wednesday, following the release of the latest Federal Reserve meeting minutes, as Treasury bond yields rose. This led the greenback to recover from its lowest level in about two weeks and achieve daily gains. The Dollar Index (DXY), which measures the greenback’s performance against …
Read More »Wall Street Closes at New Record Highs on Economic Data
The New York Stock Exchange (NYSE) closed higher on Monday, with main indices reaching all-time record highs, supported by positive economic data. In the first session of the week, the Dow Jones Industrial Average and the S&P 500 indices closed at new record levels, due to the improved investors’ sentiment …
Read More »Wall Street’s Dow Jones and S&P 500 Surge to New Record Highs
Major indices of the New York Stock Exchange (NYSE) surged in early Monday trade to new record highs, supported by the recent strong employment data and positive sentiment in Wall Street towards signs for recovery from the Coronavirus pandemic. The Dow Jones Industrial Average is up by about 402 points, …
Read More »Wall Street Finish Higher on Positive Economic Data
The New York Stock Exchange (NYSE) closed higher on Thursday, supported by a positive sentiment and economic data that showed a healthy performance by the manufacturing sector. Accordingly, the S&P 500 index closed at a new all-time high, despite a rise in jobless claims in the U.S. The Dow Jones …
Read More »Wall Street Maintains Gains for Fourth Straight Quarter
The New York Stock Exchange (NYSE) finished Wednesday’s trading session with a mixed performance, as the technology sector rebounded. Meanwhile, the main three indices on Wall Street closed March with the fourth consecutive quarterly gains, supported by an improved sentiment towards economic recovery. The Dow Jones Industrial Average lost 85.41 …
Read More »Wall Street Closes Lower Awaiting Biden’s Infrastructure Plan
he New York Stock Exchange (NYSE) closed Tuesday with relatively small losses, as Wall Street investors were impacted by the tech sector losses that resulted from a surge in Treasury bond yields to their highest level in about 14 months. The Dow Jones Industrial Average declined by 104.41 points, or …
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