U.S. stocks declined on Tuesday amid caution ahead of the start of the Federal Reserve’s latest meeting and the release of important inflation data later in the week. The major U.S. averages posted new all-time highs on Monday, with the S&P 500 and Nasdaq Composite reaching new records, while the Dow Jones Industrial Average rose […]
U.S. stock markets fall ahead of Federal Reserve meeting and inflation release
Stocks in U.S. equity markets weakened on Monday, shedding some of last week’s significant gains ahead of this week’s Federal Reserve meeting, as well as key inflation-related data. Wall Street’s major indexes posted some losses on Friday, as a blowout nonfarm payrolls report prompted markets to rethink expectations for the central bank’s rate-cutting cycle. Increasing […]
U.S. Stocks Gain on Slower ADP Payroll Growth, Fueling Rate Cut Speculation
U.S. stocks posted gains on Wednesday as weak labor market data fueled hopes that the Federal Reserve will cut interest rates to support growth this year. Private payrolls disappointed in May Private payrolls grew at a slower-than-expected pace in May, with firms adding 152,000 workers, down from a downwardly revised 188,000 last month, according to […]
U.S. stock markets retreat in light of key employment data; GameStop appears shaky
U.S. stock indices fell on Tuesday as investors awaited key U.S. labor market data and potential interest rate cuts in Europe and Canada this week. Indices experienced volatility at the week’s start, as weak economic data depressed the Dow Jones Industrial Average, which lost about 115 points, or 0.3%, while falling bond yields helped the […]
U.S. stock markets mixed ahead of jobs report release
U.S. stocks traded mixed ahead of a new month of trading after Wall Street’s major indexes posted strong gains in May. Bets on a rate cut in September increase after PCE data Wall Street indexes rose on Friday after data on the personal consumption expenditures price index, which is the Fed’s preferred indicator, met expectations […]
U.S. stock markets retreat from highs; Fed and Salesforce in focus
US stock indices fell on Wednesday and fluctuated after the Nasdaq index hit new highs, with attention focused on upcoming inflation data and more signals about interest rates. The Nasdaq Composite ended Tuesday up 0.6% at a new all-time high, supported by strong gains in Nvidia (NVDA), Wall Street’s third-biggest stock by market capitalization. The S&P 500 […]
U.S. stocks rise as more results and clues are awaited
US stock indices are barely higher on Monday, with sentiment somewhat guardedly optimistic as more signals about interest rates and earnings are expected this week. More signals from the Fed and PMI data are expected this week This week, the focus will be on further signals from the Federal Reserve about the future of interest rates, as […]
U.S. stocks rise slightly; await Walmart results
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 […]
Stock indices remain unchanged ahead of CPI report
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 […]
U.S. stocks fall after PPI release
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 […]