Tag Archives: Wall Street

US stocks are currently hovering around their record highs. They are poised to end the longest weekly winning streak in six years. With a 0.1% decrease in morning trade, the S&P 500 is now 1.7% behind its all-time high from early in the previous year. The Dow Jones Industrial Average, …

After their November surge, stocks begin December strongly. After a record-breaking month, US stocks increased on Friday as investors processed comments made by Federal Reserve Chair Jerome Powell, who cautioned against drawing the premature conclusion that rate hikes by the Fed are done or speculating about when cuts might take …

The Federal Open Market Committee members have agreed that monetary policy must remain restrictive until inflation is moving towards the 2% goal, according to minutes from their most recent meeting. The minutes also show that the committee members still worry that inflation could be stubborn or move higher, and that …

On Tuesday, US stocks dipped and benchmark Treasury yields edged lower due to few market moving catalysts. All three major US stock indexes were lower, with the tech-laden Nasdaq down the most as investors await Nvidia Corp’s results after the closing bell. The S&P 500 and the Nasdaq appeared set …

The US dollar experienced its most significant drop in one week since May, with negative momentum dominating. Next week will be shorter in the US, with the preliminary November PMIs being the important economic report to keep an eye on. The Fed will publish the minutes of its most recent …

The S&P 500 is expected to close the week higher than 4,400, despite a decline in consumer confidence. Meanwhile, US Treasury bond rates have stabilised after rising more than 10 basis points over the course of the entire yield curve on Thursday. S&P 500 breaks 4,400 as Wall Street closes …

After recent fluctuations, Wall Street appears to be mostly neutral. The Standard & Poor’s 500 is expected to have a quiet, mixed day for the fourth straight day, with early trading remaining unchanged. Nearly flat on the Nasdaq composite, the Dow Jones industrial average was up 11 points, or less …

With investors analysing earnings reports and remarks from Federal Reserve officials for hints about how long the American central bank will maintain high interest rates before beginning to reduce them, Wall Street’s major indexes edged higher on Wednesday.Amidst anticipations that the Fed may be done raising interest rates, Treasury yields …

Wall Street’s major indexes reached session highs after regaining their 50-day moving averages. The softer October payrolls report boosted stocks, with the Dow Jones Industrial Average holding a 0.9% gain. The S&P 500 rose 1.3%, while the Nasdaq led by 1.6%. Small-cap Russell 2000 surged 3%, while Innovator IBD 50 …

The S&P 500 largely maintained its gains on Wednesday, despite choppy trading as Federal Reserve Chair Jerome Powell kicked off his press conference. The US central bank had, as anticipated, kept interest rates unchanged while praising the strength of the economy.In a policy statement that acknowledged the unexpected strength of …