September, known as the most dreaded month on Wall Street, is just beginning. What can we expect this month in the U.S. stock market? What Has Happened According to Bloomberg Line, September has been, on average, the worst month of the year for the U.S. stock market for about 75 years, with the S&P 500 […]
Market Highlights for the Week: Rates, Market, Oil
Friday’s August employment report will focus attention on the short holiday week as markets anticipate the Federal Reserve to start cutting rates later this month. Meanwhile, the Bank of Canada is set to implement another rate cut, oil prices will remain under pressure, and China will release new manufacturing data. Here is a look at […]
U.S. Stock Market Little Changed Ahead of Nvidia Results
U.S. index futures barely moved on Wednesday, and investors appear to be on the sidelines awaiting Nvidia’s results after the close of trading, which will shed light on artificial intelligence-related trading. The rotation in technology stocks intensified earlier this week in the wake of growing conviction that the Federal Reserve will cut interest rates next […]
U.S. Stocks Climb on Rate Cut Hopes, Nvidia Confidence
U.S. markets and stock indices rose slightly on Tuesday, stabilizing after a period marked by volatility ahead of this week’s expected results from chip manufacturing giant Nvidia (NVDA). DJIA in Record-High Territory The Dow Jones Industrial Average reached an all-time high on Monday as a rotation in technology stocks boosted the index’s components. Year-to-date, the […]
U.S. Stock Markets Rise With Rate Cuts and Nvidia Results Leading the Way
U.S. stock indices were slightly higher on Monday, with markets taking a breather after a week of strong gains amid growing expectations of an interest rate cut by the Federal Reserve. Caution mainly gripped the markets ahead of several important events this week, most notably the results of NVIDIA Corporation (NVDA), one of the market’s […]
U.S. Stocks Rise Ahead of Payroll Revisions and Fed Minutes
U.S. stock indexes rose on Wednesday, with investors cautious ahead of revisions to U.S. payroll data and the release of minutes from the Federal Reserve’s latest monetary policy meeting. Wall Street indexes closed lower on Tuesday, ending an eight-day upward streak, despite recovering from weakness and volatility in early August. Payroll revisions and Fed minutes […]
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 Stocks Lose Steam on Disappointing Results from Alphabet and Tesla
US stock markets lost ground on Wednesday, with technology stocks registering further weakness in the wake of disappointing second-quarter results from major companies such as Alphabet and Tesla. The poor results could create a dark cloud for upcoming quarterly releases and point to a fall in the sector, which has been weighed down by profit-taking […]
US Stock Markets Rise: Biden Withdraws His Presidential Bid and Tech Results Take Shape
US stock indices rose on Monday following President Joe Biden’s announcement that he is withdrawing his re-election bid. The markets bounced back from heavy losses last week amid a rotation in major technology stocks. Here’s what’s happening in the stock market. Futures rose, with Wall Street indices recovering from the previous week’s significant losses as […]