2023-12-20 11:37:06 All three major indexes are headed for gains in December and for all of 2023, as stocks build on recent gains and investors look forward to interest rate cuts from the Federal Reserve in the new year. The S&P 500 is up 4.4 percent this month and 24.2 percent year to date, while … Read more
As the US stock market is effectively entering a bear market, Wall Street warnings are becoming more frequent. First, the minutes of the Federal Open Market Committee (FOMC) in May were in line with market expectations, but concerns about an economic slowdown are growing as major economic indicators are sluggish. Market experts expect the US … Read more
NEW YORK (Archyde.com) – Wall Street’s main indexes opened lower on Friday, as stronger-than-expected jobs data exacerbated investor concerns about a US Federal Reserve interest rate hike to calm rising prices. The Dow Jones Industrial Average fell 224.09 points, or 0.68 percent, to 3,2773.88 points. The Standard & Poor’s 500 index opened, down 18.70 points, … Read more
NEW YORK (Archyde.com) – Wall Street stocks fell at the open on Tuesday as investors waited to see whether earnings from major tech companies this week would support a market dominated by worries about rising inflation and slowing global growth. The Dow Jones Industrial Average fell 142 points, or 0.42 percent, to 33907.49 points. The … Read more
NEW YORK (Archyde.com) – Major U.S. stock indexes fell at the open on Wednesday, with oil prices rising and blue chip stocks falling, while investors weighed the outlook for U.S. interest rates following calls from monetary policy makers for bigger increases.The Dow Jones Industrial Average started the trading session on Wall Street, down 0.17 percent … Read more
NEW YORK (Archyde.com) – Wall Street’s main indexes opened lower on Friday as concerns about the escalating conflict in Ukraine were overshadowed by data showing an acceleration in job growth last month. The Dow Jones Industrial Average fell 139.23 points, or 0.41 percent, at the open to 3,3655.43. The Standard & Poor’s 500 Index opened … Read more
NEW YORK (Archyde.com) – Wall Street’s main indexes fell at the open on Tuesday as fears of a war in Europe grew amid escalating tensions between Russia and Ukraine and threats of sanctions, but energy stocks jumped as oil prices rose to their highest since 2014.The Dow Jones Industrial Average fell 0.31 percent to 33,974.09 … Read more
NEW YORK (Archyde.com) – The main US stock indexes rose in… Wall Street Stock At the open on Wednesday after consumer price data came in broadly in line with expectations, dispelling some concern about faster-than-expected increases in interest rates, and big tech stocks led the market higher.The Dow Jones Industrial Average began the trading session … Read more