US equities ended mixed on Friday and all three indexes posted another weekly advance as investors took cues from the comments of Federal Reserve officials. The Dow Jones Industrial Average gained 125.08 points, or 0.32%, to 39,512.84, while the S&P 500 rose 8.6 points, or 0.16%, to 5,222.68. The Nasdaq Composite ended 5.40 points, or … Read more
The US stock sector ended sharply higher on Friday as a softer-than-expected employment report bolstered the case for US Fed rate cuts. The Dow Jones Industrial Average rallied 450.02 points, or 1.18%, to 38,675.68, while the S&P 500 surged 63.59 points, or 1.26%, to 5,127.79. The Nasdaq Composite ended 315.37 points, or 1.99%, higher at … Read more
The US stock sector ended higher on Thursday after more dovish-than-expected finance charge rate guidance by the US Federal Reserve. The Dow Jones Industrial Average rallied 322.37 points, or 0.85%, to 38,225.66, while the S&P 500 rose 45.81 points, or 0.91%, to 5,064.2. The Nasdaq Composite ended 235.48 points, or 1.51%, higher at 15,840.96. Asian … Read more
The US stock market indexes pared all early gains and ended with significant losses on Monday. The stronger-than-expected retail sales data pushed Treasury yields higher and dented investor’s hope of early rate cuts and overshadowed the upbeat quarterly earnings of Goldman Sachs. The key US stock market indexes, Dow Jones Industrial Average (DJIA) and S&P … Read more
The US stock industry ended with a significant fall on Friday. The industry sentiments were hit due to an escalation of geopolitical tension, and the big banks disappointed investors. The quarterly earnings of the banking giants reported a slow expansion in net finance charge earnings for the full year. The crude oil prices rose due … Read more
The US stock sector indexes mostly closed higher on Thursday due to a rally in tech shares and as investors digested the better-than-expected wholesale inflation data. The key indices opened higher, as producer price index (PPI) inflation rose 0.2% in March, lower than the 0.6% increase in February and 0.3% expectations. The key US stock … Read more