The New York Stock Exchange (NYSE) finished Friday with large gains, supported by the rise of many sectors led by tech, healthcare, and financial services, amid positive expectations for economic recovery that reflected positively on Wall Street. The Dow Jones Industrial Average gained 453.4 points, or 1.39%, to close at …
Read More »NYSE Rebounds and Closes Higher
The New York Stock Exchange (NYSE) recovered from its earlier losses to end Thursday’s trading session on a higher note, supported by positive economic data and expectations for recovery. The Dow Jones Industrial Average surged by 199.4 points, or 0.62%, to finish at 32,619.5 points. The S&P 500 index gained …
Read More »NYSE Closes Lower amid Fear of Tax Hikes
The New York Stock Exchange (NYSE) finished Tuesday lower amid expectations of a tax increase by the Biden administration to fund spending on infrastructure, combating climate change, investing in renewable energy, and job creation, as well as the $1.9 trillion stimulus package. The Dow Jones Industrial Average dropped by 308.05 …
Read More »Wall Street Declining Ahead of Powell and Yellen Speeches
The main indices of the New York Stock Exchange (NYSE) opened Tuesday on a lower note, with the market anticipating new signals from upcoming remarks from the Chairman of the U.S. Federal Reserve, Jerome Powell, and Treasury Secretary Janet Yellen. Remarks are set to discuss the prospects of inflation and …
Read More »S&P 500 and Dow Jones Retreat Amid Lower Financial Stocks
The S&P 500 and the Dow Jones fell slightly at the opening trades on Friday, as financial stocks dropped after the US Federal Reserve’s decision to allow the exemption from some requirements related to bank debts to expire. The Dow Jones Index fell 3.9 points, or 0.01%, to 32,858.36. The …
Read More »Wall Street Closes Higher on Upbeat Fed Expectations
The New York Stock Exchange (NYSE) finished higher on Wednesday, after the Federal Reserve expected high economic growth in the U.S. this year, and despite expectations that inflation rate will exceed 2% this year. The Fed also maintained interest rates and vowed to keep the current pace of asset purchases …
Read More »Wall Street Mostly Lower at Early Trade
The main indices of the New York Stock Exchange (NYSE) are showing a mixed performance during Wednesday’s trading session. Rising Treasury bond yields ahead of the release of the Federal Reserve second policy statement this year are increasing selling pressures in Wall Street. The Dow Jones Industrial Average is up …
Read More »Wall Street Closes Mostly Lower Ahead of Fed Meeting
The New York Stock Exchange (NYSE) finished mostly lower on Tuesday with Wall Street investors shifting their focus towards the outcomes of the U.S. Federal Reserve policy meeting. The Dow Jones Industrial Average ended an upward trend that lasted for seven sessions including four consecutive record closing levels until yesterday, …
Read More »Wall Street Indices Continue Record-Breaking Ahead of Fed Meeting
The New York Stock Exchange (NYSE) finished higher on Monday, with two major indices closing at another new all-time high. So far, it seems that Wall Street Investors are reacting positively to the passing of the $1.9 trillion relief bill, which aims at easing the impacts of the Coronavirus pandemic. …
Read More »Wall Street Scores New Record Highs
The benchmark indices of the New York Stock Exchange (NYSE) closed higher on Thursday, with the Dow and S&P ending the session at all-time highs, as Wall Street investors reacted positively to inflation data that eased worries about a possible reflation due to the increase in stimulus spending. Positive jobs …
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