Wall Street: A drop due to economic data that pushes the interest rate hike

Wall Street closed lower due to economic data that supports the trend to raise interest rates by banks. Wall Street Stock Wall Street closed lower on Wednesday, with investors expecting the latest economic data to do nothing to dissuade the Federal Reserve from its aggressive interest rate hike to curb inflation. The data showed that … Read more

Wall Street opens lower

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

Japanese stocks track Wall Street gains

TOKYO (Archyde.com) – Japanese stocks rose on Wednesday for a second straight session, as technology heavyweights tracked gains in Wall Street overnight, while a recent decline in the yen helped boost automakers’ shares. The Nikkei index closed up 0.86 percent at 27,217.85 points, while the broader Topix index closed with an increase of 1.03 percent … Read more

Wall Street opens lower as bond yields rise

NEW YORK (Archyde.com) – Wall Street indexes opened lower on Monday, pressured by the performance of high-growth companies, with higher Treasury yields and ahead of inflation data due tomorrow and may support a more hawkish stance from the Federal Reserve (the US Central Bank). .The Dow Jones Industrial Average fell 90.9 points, or 0.26 percent, … Read more

Bank stocks support European stock exchanges

LONDON (Archyde.com) – European stock indexes rose on Monday, boosted by bank and insurance stocks, which are strongly affected by interest rate movements, as government bond yields continued to rise, while the atmosphere also improved with hopes of a peace deal to end the Ukraine crisis.The pan-European Stoxx 600 index rose 0.7 percent, close to … Read more

“Wall Street” declines at the open with the rise of oil

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