Tag Archives: Wall Street

With company earnings, economic data, and the Federal Reserve’s two-day monetary policy meeting this week, Wall Street rebounded on Monday.The S&P 500 gained 1.2%, the Nasdaq gained almost the same amount, and the Dow increased by almost 1.6%. Microsoft and Amazon outperformed the market as a whole, and Megacap stocks …

Microsoft beat analysts’ predictions for revenue and earnings per share when it released its quarterly earnings after the bell on Tuesday. The tech giant beat consensus estimates by reporting revenue of $56.5 billion for the quarter.Adjusted earnings per share (EPS) peaked at $2.99 as opposed to the expected $2.66. During …

Crude oil prices declined on Monday. The WTI barrel dropped to its lowest level in a week, reaching $85.66.Gold pulled back despite the sharp slide in US yields; XAU/USD found support above $1,970. Meanwhile, Silver experienced losses and dropped below $23.00.Remarkable DevelopmentsThe Treasury market was the center of attention on …

Morgan Stanley’s Q3 profits fell 9% from a year ago due to a decline in investment banking and trading revenue, indicating that Wall Street is still struggling to recover from a prolonged slump. The bank’s stock fell by 8%, marking its largest single-day drop in over three years. Morgan Stanley’s …

US equities dipped and Treasury yields soared on Tuesday as strong economic data and strong third-quarter earnings suggested that the Federal Reserve will continue to tighten policy for an extended period of time.All three major US indices were slightly lower at the end of trading, with interest-rate-sensitive MegaCap shares taking …

In the Asian session, Chinese economic data including GDP figures will be the main focus, while RBA Bullock will be speaking at a panel discussion. At the same time, UK inflation data will be released during European trading hours.Economic DataIn the US, another round of positive economic data was released, …

Wall Street’s major stock indices surged on Friday due to strong financial results from major US banks, increasing confidence in the economy. JPMorgan Chase, Wells Fargo, and Citigroup saw their shares rise by 3% to 5%, while the S&P 500 Banks index reached a three-week high of 3.2%. The worst …

The US dollar suffered on Tuesday as Wall Street concluded with gains. The price of crude oil slightly declined while trading in narrow bands. Prices for commodities fluctuated, holding onto recent gains. The Middle East scenario is still a source of uncertainty.For the first time since August, the EUR/USD price …

US stocks are rising. Bonds are rising as markets reopen following a holiday, in part because investors are seeking safe haven after the escalation of Middle Eastern tensions. However, given that more speakers are scheduled for Tuesday, two Fed officials on Monday discouraged interest rate increases.Investors, particularly oil speculators, will …

The CBOE volatility index (.VIX), Wall Street’s “fear gauge”, also rose to 18.54, reflecting investor anxiety. Amazon and Nvidia lead declines in Big Tech and several US airlines suspend Israel flights. Tesla falls on lower deliveries of China-made electric vehicles. Wall Street’s main indexes fell on Monday as a deepening …