The US stock industry ended higher on Friday, with the Nasdaq recording a fifth straight week of gains and record closing high. The Dow Jones Industrial Average gained 4.33 points, or 0.01%, to 39,069.59, while the S&P 500 rose 36.88 points, or 0.70%, to 5,304.72. The Nasdaq Composite closed 184.76 points, or 1.10%, higher at … Read more
The US stock industry ended lower on Thursday with the Dow Jones registering the largest daily percentage drop since March 22, 2023. The Dow Jones Industrial Average plunged 605.78 points, or 1.53%, to 39,065.26, while the S&P 500 declined 39.17 points, or 0.74%, to 5,267.84. The Nasdaq Composite ended 65.51 points, or 0.39%, lower at … Read more
U.S. stock indexes retreated from their records Wednesday as concerns about high finance charge rates weighed on the industry. The S&P 500 fell 14.40 points, or 0.3%, to 5,307.01, a day after setting its latest all-time high. The Dow Jones Industrial Average sank 201.95, or 0.5%, to 39,671.04, and the Nasdaq composite slipped 31.08, or … Read more
US shares rose on Tuesday following the release of fresh U.S. economic data, while investors waited for another key inflation report. The Nasdaq Composite gained 0.75% and notched a fresh closing record of 16,511.18. The Dow Jones Industrial Average added 126.60 points, or 0.32%, to end at 39,558.11. The S&P 500 added 0.48%, closing at … Read more
The US stock industry ended mixed on Monday as investors awaited key inflation readings and earnings later this week. The Dow Jones Industrial Average fell 81.33 points, or 0.21%, to 39,431.51, while the S&P 500 eased 1.26 points, or 0.02%, to 5,221.42. The Nasdaq Composite ended 47.37 points, or 0.29%, higher at 16,388.24. Asian markets … Read more
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