Commodity prices such as copper continued to fall, easing concerns about soaring inflation, and the latest economic data also cooled expectations for the Fed to raise interest rates aggressively. U.S. stocks rebounded strongly on Friday (24th), and bank stocks rose sharply after the stress test.Dow JonesSoaring more than 820 points, the S&P closed 3.06% in … Read more
© Reuters. by Oliver Gray Investing.com – US Stock Futures Trading was flat on Wednesday evening. After the main index ended its decline amid growing fears of a recession after Federal Reserve Chair Jerome Powell said the central bank remains committed to keeping prices under tight control. to the fullest Despite the potential for a … Read more
The Dow Jones Industrial Average closed down for a fifth straight day on Tuesday (June 14) as investors remain worried that The US economy could go into recession if the Federal Reserve (Fed) accelerates interest rate hikes to curb inflation. Investors will be keeping an eye on the outcome of the Fed’s monetary policy meeting, … Read more
The Pigeon (INDU) 750 points or 2.4%, while the Nasdaq fell 3.7%. The broader S&P 500 index fell 3.2%. The index is now more than 20% higher than its all-time record in January, with stocks in the bear market. Promotions After a while, the bear fell into the market May 20 the late-day rally saved … Read more
The U.S. inflation data was released, and the year-on-year and month-on-month increases were higher than expected. The May CPI rose 8.6% year-on-year, and the month-on-month increase further increased by 0.7 percentage points to 1%. The May core CPI rose 6% year-on-year, month-on-month The increase remained at 0.6%. U.S. inflation hit a 40-year high, market worries … Read more
Dow Jones Indexsteadily rising today Recently, it soared more than 300 points, nearing the 33,000 mark after the US personal consumption expenditures (PCE) price index, which indicates that US inflation has reached its peak. This will be a factor in slowing down the decision to accelerate the interest rate hike of the US Federal Reserve … Read more
The Dow Jones continues downhill and saw the biggest crash in 2 years on Wednesday. The other major US indices are also collapsing. Rising inflation is making an impression on the US stock market, which collapsed on Wednesday. The Dow Jones Industrial Average reported its largest crash since June 2020 at 3.57 percent, writes CNBC. … Read more
(agencies) Nasdaq has lost a quarter of its value since the beginning of the year 78% of companies achieved results that exceed expectations Despite the daily gains at the end of the week, US stock indices recorded one of their longest consecutive weekly declines; Where the Standard & Poor’s and Nasdaq indices continued their sixth … Read more
US stocks jumped on Friday, paring their weekly losses, as investors looked to stop the S&P 500 from reaching bear market territory. The Dow Jones Industrial Average rose 1%, breaking its six-day losing streak, the S&P 500 rose 2% and the Nasdaq Composite rose 3.4%. Despite Friday’s gains, the major indexes posted weekly losses, with … Read more
Wall Street ended Friday’s trading session higher, ending a week of wild market volatility, amid relief over signs that inflation had peaked, offset by fears that it would push the Federal Reserve’s tightening monetary policy economy into recession. The gains were led by a rebound in technology shares and related companies, which incurred heavy losses … Read more