US stocks close at lowest since June, Treasury yields spike on hawkish Fed
Fri, Sep 22, 2023
US stock market: All three major US stock indexes tumbled more than 1 per cent and benchmark 10-year US Treasury yields touched a 16-year peak the day after Fed Chairman Jerome Powell warned inflation still has a long way to go before approaching the central bank's 2 per cent target.
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Wall Street closes lower after Fed holds rates steady, warns of higher for longer
Thu, Sep 21, 2023
All three major US stock indexes retreated in the wake of announcement, with interest rate sensitive megacap stocks Microsoft Corp (MSFT.O), Apple Inc (AAPL.O) and Nvidia Corp (NVDA.O) pulling the Nasdaq down most.
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Dollar firm but softens against yen ahead of FOMC
Wed, Sep 20, 2023
US dollar rate index news: The U.S. dollar index , which measures the greenback against a basket of rivals, stayed mostly flat at 105.13 as traders awaited the Fed's rate decision. Markets expect the Fed will almost certainly keep rates on hold at 5.25 per cent to 5.50 per cent, putting the focus on the central bank's forward guidance.
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US stocks close lower as investors take cover ahead of Fed decision
Wed, Sep 20, 2023
US stock market: The Dow Jones Industrial Average (.DJI) fell 106.57 points, or 0.31 per cent, to 34,517.73, the S&P 500 (.SPX) lost 9.58 points, or 0.22 per cent, to 4,443.95 and the Nasdaq Composite (.IXIC) dropped 32.05 points, or 0.23 per cent, to 13,678.19.
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Wall Street moves sideways as investors look to Fed
Tue, Sep 19, 2023
US stock market: The Dow Jones Industrial Average (.DJI) rose 6.06 points, or 0.02 per cent, to 34,624.3, the S&P 500 (.SPX) gained 3.21 points, or 0.07 per cent, to 4,453.53 and the Nasdaq Composite (.IXIC) added 1.90 points, or 0.01 per cent, to 13,710.24.
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Wall Street ends higher on economic data; Arm soars in debut
Fri, Sep 15, 2023
US stock market: The S&P 500 climbed 0.84 per cent to end the session at 4,505.17 points. The Nasdaq gained 0.81 per cent to 13,926.05 points, while the Dow Jones Industrial Average rose 0.96 per cent to 34,907.51 points. It was the Dow's biggest daily percentage gain since Aug. 7.
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S&P 500, Nasdaq gain, Treasury yields dip as data firms Fed pause bets
Thu, Sep 14, 2023
US stock market: The Dow Jones Industrial Average (.DJI) fell 70.1 points, or 0.2 per cent, to 34,575.89, the S&P 500 (.SPX) gained 5.59 points, or 0.13 per cent, to 4,467.49 and the Nasdaq Composite (.IXIC) added 39.96 points, or 0.29 per cent, to 13,813.59.
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Wall Street ends lower as Oracle tumbles on weak forecast
Wed, Sep 13, 2023
US stock market: The S&P 500 declined 0.57 per cent to end the session at 4,461.91 points. The Nasdaq declined 1.04 per cent to 13,773.62 points, while Dow Jones Industrial Average declined 0.05 per cent to 34,645.99 points.
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Wall Street rises as Tesla soars on AI optimism
Tue, Sep 12, 2023
US stock market: The S&P 500 climbed 0.67 per cent to end at 4,487.46 points. The Nasdaq gained 1.14 per cent at 13,917.89 points, while Dow Jones Industrial Average rose 0.25 per cent to 34,663.72 points. Volume on U.S. exchanges was relatively light, with 9.3 billion shares traded, compared to an average of 10.0 billion shares over the previous 20 sessions.
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Dow Jones, S&P 500 register mild gains ahead of US inflation data
Sat, Sep 09, 2023
Investors worried about rising oil prices and have been fretting ahead of the Consumer Price Index (CPI) for August, due out on Sept. 13, seeking signals about the Federal Reserve's likely moves on interest rates.
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S&P, Nasdaq fall as Apple drags, jobless claims data fuels rate jitters
Fri, Sep 08, 2023
US stock market: The Dow Jones Industrial Average (.DJI) rose 57.54 points, or 0.17 per cent, to 34,500.73, the S&P 500 (.SPX) lost 14.34 points, or 0.32 per cent, to 4,451.14 and the Nasdaq Composite (.IXIC) dropped 123.64 points, or 0.89 per cent, to 13,748.83.
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Wall Street week ahead: Investors lower outlook for consumers as student loans, credit card debts pile up
Mon, Sep 04, 2023
US stock market: Signs of rising consumer stress are prompting some fund managers to grow more conservative in their outlooks, even as the broad stock market continues to rally. While unemployment remains near historic lows, the Federal Reserve's inflation-fighting interest rate hikes are starting to weigh on households.
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S&P 500, Nasdaq Composite rise as US inflation data buoys optimism
Fri, Sep 01, 2023
The Nasdaq (.IXIC) reached its highest in over four weeks after a Commerce Department report showed the Personal Consumption Expenditures (PCE) price index, considered the central bank's preferred inflation gauge, climbed 3.3% in July on an annual basis, in line with expectations.
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Dow Jones falls 373 pts, Nasdaq drops 257 pts, S&P 500 ends 60 pts lower, focus shifts to upcoming Powell speech
Fri, Aug 25, 2023
The Dow Jones Industrial Average (.DJI) fell 373.56 points, or 1.08 per cent, to 34,099.42, the S&P 500 (.SPX) lost 59.7 points, or 1.35 per cent, to 4,376.31 and the Nasdaq Composite (.IXIC) dropped 257.06 points, or 1.87 per cent, to 13,463.97.
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US stock market: Indexes end sharply higher; AI chip maker Nvidia jumps again after the bell
Thu, Aug 24, 2023
US stock market: U.S. stocks ended sharply higher on Wednesday as shares of Nvidia (NVDA.O) gained ahead of quarterly results from the company whose chips are widely used for artificial intelligence (AI) computing. Shares of Nvidia, which reported results after the closing bell, jumped 9 per cent, extending a gain of 3.2 per cent during the regular session.
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Traders Diary: Mixed signals from foreign markets, good growth after the fall in Nasdaq | Global market
Tue, Aug 22, 2023
Traders Diary: Today on 22 August 2023, there are mixed signals from foreign markets. Mixed business was seen in the US for the second consecutive day. The Dow fell 36 points while the Nasdaq closed up 206 points.
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Nasdaq rallies with Nvidia, tech shares; investors look toward Jackson Hole
Tue, Aug 22, 2023
US stock market: The Dow Jones Industrial Average fell 36.97 points, or 0.11 per cent, to 34,463.69, the S&P 500 gained 30.06 points, or 0.69 per cent, to 4,399.77 and the Nasdaq Composite added 206.81 points, or 1.56 per cent, to 13,497.59.
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Wall Street stocks down; healthcare stocks eclipse gains in Cisco
Fri, Aug 18, 2023
US stock market: Wall Street's main indexes closed lower after choppy trading on Thursday as losses in healthcare stocks eclipsed gains in Cisco and energy stocks, while upbeat economic data kept alive fears of interest rates remaining higher for longer.
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Wall Street stocks down after Fed minutes, bank shares extend losses
Thu, Aug 17, 2023
US stock market: Wall Street was lower on Wednesday after the release of the Federal Reserve's minutes showed central bank officials were divided over the need for more interest rate hikes at their last meeting.
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Wall Street ends lower; strong retail sales stoke interest rate worries
Wed, Aug 16, 2023
US stock market: Wall Street's main stock indexes closed sharply lower on Tuesday after stronger-than-expected retail sales data stoked worries interest rates could stay higher for longer, while U.S. big banks dropped on a report that Fitch could downgrade some lenders.
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S&P 500, Nasdaq end up as Nvidia surge leads megacap higher
Tue, Aug 15, 2023
US stock market: The S&P 500 and the Nasdaq closed higher on Monday as shares of chipmaker Nvidia surged following a bullish note from Morgan Stanley, leading gains in other megacap growth stocks. Nvidia (NVDA.O) jumped 7.1 per cent.
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