Wall Street‘s main indexes rose on Friday for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in the week even as economic survey data showed a deterioration in consumer sentiment. The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan … Read more
US stocks edged lower Tuesday, a day before President Donald Trump’s pledged unveiling of sweeping tariffs to address what he called unfair trade imbalances with allies and adversaries alike. Traders are nervously preparing for April 2, which Trump has dubbed “liberation day.” The Republican president has not provided much in the way of details about … Read more
MF investment: Indian investors are increasingly seeking opportunities in global markets to maximise their investment returns, especially around the US elections 2024. Major Wall Street indices such as Dow Jones (DJI), Nasdaq (IXIC), and the S&P 500 (GSPC) have delivered impressive returns over the past five years, attracting investors looking for lucrative investment avenues. Mutual funds, … Read more
NEW YORK: U.S. stocks finished higher on Friday after a strong jobs report reinforced the view that the economy remains healthy even as it suggested the Federal Reserve could delay cutting interest rates. All major S&P 500 sectors advanced, with communication services, industrials and technology the top gainers. U.S. Labor Department data showed employers hired … Read more
Wall Street’s main indexes slipped on Friday as investors digested a mixed bag of earnings reports, while uncertainty around the outlook for U.S. interest rates and the economy kept them on edge. A survey showed U.S. business activity accelerated to an 11-month high in April, at odds with growing signs that the economy was in … Read more
Wall Street‘s main indexes opened lower on Monday on growing concerns that the Federal Reserve will continue to hike interest rates after Friday’s jobs data highlighted a still-strong labor market. The Dow Jones Industrial Average fell 60.04 points, or 0.18%, at the open to 33,425.25. The S&P 500 opened lower by 19.82 points, or 0.48%, … Read more
Remember our characters, Dev and Tara? In our last two articles, Dev, the expert technical analyst, introduced his friend Tara, a successful entrepreneur, to the significance of trend following and ways to spot trends. This ignited Tara’s curiosity about technical analysis. So, the other day, Dev and Tara were chilling at a cafe, savoring their … Read more
Wall Street fell on Tuesday as evidence of a cooling economy exacerbated worries that the Federal Reserve’s campaign to rein in decades-high inflation may cause a deep downturn. All three major stock indexes were lower at mid-day after data showed US job openings in February dropped to the lowest level in nearly two years, suggesting … Read more
Most of Wall Street is holding steady Monday after regulators pushed together two huge banks over the weekend to build confidence in the struggling industry. The S&P 500 was 0.4% higher in early trading. The Dow Jones Industrial Average was up 335 points, or 1.1%, at 32,200, as of 9:57 a.m. Eastern time, while the … Read more
Wall Street‘s main indexes opened lower on Thursday after shares of First Republic Bank crashed amid fears of a banking crisis, while a large interest rate hike by the European Central Bank also dented sentiment. The Dow Jones Industrial Average fell 46.92 points, or 0.15%, at the open to 31,827.65. The S&P 500 opened lower … Read more