U.S. stocks traded flat on Monday, consolidating after last week’s gains as investors awaited further signals regarding the Federal Reserve’s monetary policy outlook. Wall Street’s major indices recorded their best week so far in 2024, as recent positive data eased fears of a possible recession. The S&P 500 index gained nearly 3.9%, posting its best […]
U.S. Stock Markets Rise on Positive CPI Data
U.S. stocks rose on Wednesday as investors digested the latest consumer inflation data amid expectations that the Federal Reserve will ease its monetary policy stance next month. CPI Data Expected to Support Rate Cut Expectations U.S. consumer prices rose less than estimated on an annual basis in July, with the consumer price index increasing by […]
U.S. stock markets rise: PPI and Home Depot results in focus
U.S. stock index futures rose on Tuesday during quiet trading in anticipation of key inflation data, which could pave the way for a Federal Reserve rate cut in September. Wall Street’s major indexes showed some volatility on Monday as investors appeared reluctant to commit ahead of the inflation data, especially after last week’s spike in […]
U.S. Stocks Rise, Inflation Data Trends Upward
U.S. stock indexes traded quietly on Monday, appearing stable after the wild swings of the previous week, with attention focused on key inflation data due later this week. More CPI data to come This week, attention will focus on the consumer price index inflation data, due on Wednesday, for more signals regarding the economy and […]
U.S. Stock Markets Rise, Super Micro Computer Falls
U.S. stock indexes rose on Wednesday, following Wall Street’s recent rally, although sentiment remains fragile. Wall Street indexes rose on Tuesday, showing signs of improvement and recovering some of the heavy losses registered the previous week amid concerns about a possible U.S. recession and a slowdown in the technology sector. The S&P 500 along with […]
U.S. Stock Markets Rise, with Strong Earnings Supporting Sentiment Shift
U.S. stock markets rose on Tuesday, showing signs of recovery from Monday’s decline, despite continuing concerns about an economic slowdown. Recession Fears Lead to Heavy Losses Concerns about a significant slowdown in economic growth, following a string of poor data related to the purchasing managers’ index and the labor market, caused the DJIA, S&P 500, […]
U.S. Stock Markets Plunge on Economic Worries and Tech Slump
U.S. stock indexes fell sharply on Monday during the European session amid growing concerns about an economic slowdown, with technology stocks being hit the hardest. Fear of economic slowdown hits Wall Street The sharp losses in Wall Street futures came after U.S. stock markets had been rattled the previous week on fears of a possible […]
U.S. Stock Markets Soar Boosted by Federal Reserve Decision, Microsoft Fails to Deliver
U.S. stocks rose Wednesday on optimism that the Federal Reserve will lead the way to a rate cut in September, overshadowing disappointing results from Microsoft. Here’s what’s happening today in the stock market. Optimism about the Fed All eyes are on the Federal Reserve on Wednesday as the U.S. central bank wraps up its latest […]
US Stocks Rise, Caution Ahead of Fed Meeting and Microsoft Results
US stocks rose on Tuesday in a cautious environment ahead of the Federal Reserve meeting and the release of results from some of the largest US companies. Here is what is happening in the stock market. Fed Meeting Awaited for More Clues on Interest Rates Markets are on edge ahead of the Federal Reserve’s latest […]
US Stock Markets Rise Ahead of Federal Reserve Meeting and Major Tech Company Results
US stock index futures rose on Monday, kicking off a week that includes a Federal Reserve meeting and crucial results from major tech companies. Here’s what’s happening in the stock market today. Wall Street indices rallied strongly on Friday after the PCE price index, the Federal Reserve’s favored inflation gauge, came in mostly in line […]