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 …
Read More »NYSE Indices Mixed at Wednesday’s Close
The New York Stock Exchange (NYSE) closed Wednesday’s trading session on a mixed note, as inflation data helped ease reflation fears and pushed Treasury bond yields further down. The Dow Jones Industrial Average gained 464.28 points, or 1.46%, and finished at 32,297.02 points. The S&P 500 index closed at 3,898.81 …
Read More »NYSE Finishes with Big Gains as Treasury Yields Stabilize
The New York Stock Exchange (NYSE) rose on Tuesday and finished with strong gains, as Treasury bond yields in the United States pulled back from their highest level in about 13 months, and with tech stocks rising following strong selling pressures. The Dow Jones Industrial Average finished higher by 30 …
Read More »Coupang Targets $58 B Valuation on Wall Street
Coupang, a South Korea-based e-commerce company, has raised the price target for its initial public offering (IPO) on the New York Stock Exchange (NYSE), aiming at a valuation of $58 billion. The IPO is expected to be the largest on Wall Street since Alibaba’s in 2014. In addition, the boom …
Read More »Wall Street Finishes the Week with Strong Rebound
The benchmark indices of the New York Stock Exchange (NYSE) recovered from its recent losses due to the rise in Treasury yields, as the sentiment of Wall Street improved on the back of positive employment data in the United States. The Dow Jones Industrial Average gained 572.16 points, or 1.9%, …
Read More »Wall Street Closes Lower Amid Tech-Led Selloff
The main indices of the New York Stock Exchange (NYSE) finished Tuesday lower, despite U.S. Treasury yields continuing to decline from their record levels, with Wall Street investors anticipating the passing of the $1.9 trillion stimulus package by the Senate. The market’s decline was led by the losses of the …
Read More »NYSE Closes Higher with the Dow Seeing a Record Close
The New York Stock Exchange (NYSE) closed higher on Wednesday, supported by the approval of the Johnson & Johnson’s vaccine for emergency use in the United States. In addition, the market was supported by the remarks of the United States Federal Reserve Jerome Powell in his testimony to the House …
Read More »NYSE Rebounds Following Remarks by Fed Chair
The New York Stock Exchange (NYSE) closed mostly higher on Tuesday, showing a positive performance that was supported by economic data and remarks by the Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average finished marginally higher by 15.66 points, or 0.05%, at 31,537.35 points, after falling by 1.2% …
Read More »Wall Street Closes Mostly Lower as Treasury Yields Rise
The New York Stock Exchange (NYSE) indices closed mostly lower on Monday, beginning the week with a mixed performance amid a rise by the U.S. Treasury yields which negatively impacted the sentiment of Wall Street investors. The Dow Jones Industrial Average finished higher by 27.37 points, or 0.1%, at 31,521.69 …
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