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
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