2023-06-13 16:48:23 US stocks rose on Tuesday, after fresh inflation data showed that price pressures slowed again in May, adding to investor optimism that the Federal Reserve may skip a rate hike when it makes its next policy decision, Wednesday. The Standard & Poor’s index gained 0.4%, up to 4,356.49 points, the highest level in … Read more
2023-05-10 20:10:10 US stocks rose on Wednesday, as investors gained optimism after a better-than-expected inflation report. The Nasdaq closed up 1% as investors fled to technology stocks after a more-than-expected inflation report. The Standard & Poor’s Index added 0.45%, while the Dow Jones Industrial Average fell 0.09%. Consumer prices for the month of April rose … Read more
Acceptable monthly profits… and the Nasdaq gains reach 5% Wall Street rose on Friday, with the Nasdaq index posting its biggest quarterly percentage gain since June 2020, after signs of easing inflation raised hopes that the US Federal Reserve would soon end its aggressive campaign to raise interest rates. The Standard & Poor’s 500 Index … Read more
Abu Dhabi (WAM) Global stock markets called for the year “2022” with sharp losses, in light of the growing fears of investors about the global recession and the tightening of monetary policy to curb inflation, which reached unprecedented levels in decades. And Chinese stocks suffered the worst annual loss since 2018, affected by several factors, … Read more
Stocks rose on Friday, as investors continued to assess earnings reports and tougher language from Federal Reserve spokespeople. The Dow Jones Industrial Average rose 80 points, or 0.2%, the S&P 500 rose 0.4%, while the Nasdaq rose 0.5%. Shares of Palo Alto and Ross department stores rose after the two companies published their latest quarterly … Read more
US stock indexes jumped on Wednesday following a recent sell-off, with bond yields plunging as investors waited for more clarity on the Federal Reserve’s plans to tighten monetary policy. The technology-heavy Nasdaq index led the gains among the major indexes and rebounded from seven consecutive sessions of losses. Shares of Amazon, Tesla and Microsoft jumped. … Read more
On a weak start, US stock indices took off in September and closed the previous month in the red, as surveys showing weak factory activity in Europe and Asia heightened fears of a global economic slowdown. While the Dow Jones dropped 55.85 points during trading, the Standard & Poor’s index fell 0.46%, compared to a … Read more
US stocks fell sharply, Friday, after Federal Reserve Chairman Jerome Powell said in a Jackson Hole speech that the central bank will not back down in its fight against rapid inflation. The Dow Jones index fell 1000 points, or 3.03%, to 32283.40 points, after losses accelerated until the close. The Standard & Poor’s index fell … Read more