The New York Stock Exchange (NYSE) closed higher on Thursday, with more investors moving towards the stock market amid a decline in the US Treasury yields. The Dow Jones Industrial Average gained 46.85 points, or 0.17%, and finished at 27,739.73 points. The S&P 500 index rose by 10.66 points or …
Read More »Wall Street Closes in Red Following Fed Minutes
The New York Stock Exchange (NYSE) indices closed in red, after rising earlier in the session to new intraday record highs. The Dow Jones Industrial Average lost 85.19, or 0.31%, while S&P 500 closed lower by around 15 points or 0.44%, and the Nasdaq Composite finished lower by 0.57%. The …
Read More »S&P 500 Closes at New All-Time High
The New York Stock Exchange (NYSE) closed Wednesday mixed as indices varied on their performance, with the Nasdaq and S&P closing at record highs and the Dow maintaining the downward trend. The S&P 500 index gained 0.2% and closed at 3,389.78, its highest evet closing level. Earlier in the session, …
Read More »NYSE Ends Friday Mixed but Records Weekly Gains
The New York Stock Exchange (NYSE) showed a mostly negative performance on Friday, as weak economic data in the United States weighed on the stock market, amid concerns over a second wave of the COVID-19 pandemic. The Dow Jones Industrial Average added 0.1%, while S&P 500 lost less than 0.1%, …
Read More »Wall Street Opens Mixed
Wall Street indices opened Thursday mixed, with the Dow showing losses while Nasdaq and S&P holding on to gains, supported by a record decline in jobless claims to their lowest level in around five months. The Dow Jones Industrial Average is down by 53.19 points or 0.19%, and S&P 500 …
Read More »Airbnb Plans IPO in 2020
Airbnb, the company responsible for the famous mobile application and web service for home and room rentals could seen file for an initial public offering (IPO), the Wall Street Journal reported. Accordingly, Airbnb Inc could go public as early as before the end of the year. The company announced its …
Read More »NYSE Closes Friday Mixed
The New York Stock Exchange (NYSE) showed a mixed performance on Friday as data showed a decline in new jobs created by the U.S. economy, amid an increase in the number of COVID-19 cases across many states. Meanwhile, the market anticipates a second stimulus package that is being negotiated in …
Read More »Wall Street Settles Higher on Positive Reports
Positive earnings reports by some of the Wall Street listed companies led the indices of the New York Stock Exchange (NYSE) to close higher on Wednesday. The Dow Jones Industrial Average gained around 373 or 1.4% and closed at 27,201.5. Meanwhile, the S&P 500 and the Nasdaq Composite indices closed …
Read More »Wall Street Closes in Green
Wall Street closed Tuesday higher with a positive investor sentiment resulting from a number of financial results and talks about a new stimulus package that is currently being discussed in Washington. The Dow Jones Industrial Average gained 164 points or 0.62% and closed at 26,828.47 points. Meanwhile, S&P 500 and …
Read More »Wall Street Settles Higher Following Fed’s Decision
Wall Street closed higher on Wednesday, supported by recent remarks from the US Federal Reserve Chair, Jerome Powell. Powell reiterated the Fed’s commitment to continue supporting the economy until it fully recovers from the repercussions of the COVID-19 crisis. All the major indices at the New York Stock Exchange (NYSE) …
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