U.S. stock indices rose on Thursday, extending their gains after signs of a slight decline in consumer inflation pushed Wall Street to record highs on hopes of interest rate cuts. The S&P 500 rose 1.2%, the NASDAQ Composite 1.4%, and the Dow Jones Industrial Average 0.9%, bringing all three indices to all-time highs by the […]

US stock index futures traded flat on Wednesday, in anticipation of the monthly Consumer Price Index, which could shed more light on the future of the Federal Reserve’s monetary policy. On Tuesday, Wall Street’s major indices saw gains: the S&P 500 rose about 0.5%, the Dow Jones Industrial Average increased by 0.3%, and the NASDAQ […]

US stocks traded flat on Tuesday as investors remained cautious ahead of the release of key inflation-related data that could determine the Federal Reserve’s monetary policy outlook. This lull in US futures trading continued a similar session on Wall Street, as investors awaited more clues about interest rates from inflation readings due both Tuesday and Wednesday. The S&P 500 closed flat, the Dow […]

US stocks rose on Monday, trading in tight ranges ahead of the release of key inflation data due later this week, which is likely to influence the interest rate environment. Wall Street indices started the new week on a positive note, building on three consecutive weeks of gains, buoyed by strong results and the prospect of potential interest rate cuts […]

U.S. stocks and major indices retreated on Thursday as the recent rally stalled, with investors digesting corporate earnings along with hawkish comments from Federal Reserve officials. Wall Street’s latest rally came to an end on Wednesday as a series of Federal Reserve officials signaled that the Fed was more likely to hold interest rates this […]

U.S. stocks fell Wednesday, with investors digesting a slew of corporate earnings in anticipation of more statements from Federal Reserve policymakers.  More statements from the Fed Growing optimism about a likely interest rate cut has been dampened by a series of Fed officials who have indicated that interest rates will remain unchanged in the near term. Minneapolis Fed President Neel […]

Major U.S. market indexes were trading higher on Tuesday, fueled by continued optimism in anticipation of more corporate earnings and upcoming speeches by the Federal Reserve this week. Wall Street posted back-to-back days of gains on Monday. The S&P 500 was up 1%, the Nasdaq Composite was up 1.2% and the Dow Jones Industrial Average […]

U.S. stocks rose in early trading Monday, as investors increased bets for a September interest rate cut by the Federal Reserve following a weaker-than-expected April jobs report. Nonfarm payrolls data came in weaker than expected Friday’s weaker-than-expected nonfarm payrolls data could prompt the Federal Reserve to prepare for a rate cut later this year. Although the labor market is showing signs […]

Stocks rose on Friday, supported by better-than-expected results from Apple, although sentiment remained mixed ahead of key nonfarm payrolls data. Apple rises on earnings and share buybacks Apple (AAPL) rose 6% in pre-market trading after the company released results that exceeded prior expectations. The drop in revenue and profit was less severe than anticipated, even […]

On Thursday, stock index futures rose as investors digested Federal Reserve Chairman Jerome Powell’s comments ahead of Apple’s earnings release. Wall Street’s major indexes closed mixed yesterday, with the Dow Jones Industrial Average gaining about 0.2%, while the Nasdaq Composite and the S&P 500 each fell about 0.3%. Powell says next move will be a cut, though […]