[ad_1] Wall Street was mixed on Monday and crude prices rose as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering concerns over the path of Federal Reserve monetary policy. The S&P 500 was modestly lower, while megacap momentum stocks pulled the tech-heavy Nasdaq to a sharper decline. The blue-chip Dow … Read more
[ad_1] Global stocks mostly fell Tuesday following a smaller-than-forecast Chinese interest rate cut, while a pullback in US markets suggested a rally was running out of steam. Asian stocks finished mostly lower, as did European equities. All three major US indices also pulled back, with the S&P 500 losing 0.5 percent. London stocks firmed on … Read more
[ad_1] Last Updated: June 16, 2023, 02:30 IST London, United Kingdom (UK) U.S. Treasury yields were lower as investors digested the economic data and the Fed’s update. Equities trading had been choppy on Wednesday after the Fed signaled it could follow its June pause with two more rate increases this year MSCI’s global index of … Read more
[ad_1] Last Updated: June 07, 2023, 02:32 IST New York, United States of America (USA) The broad-based S&P 500 gained 0.2 percent to 4,283.85, while the tech-rich Nasdaq Composite Index climbed 0.4 percent to 13,276.42. Shares of KeyCorp, Fifth Third Bancorp and Comerica all rose about five percent or more on Tuesday Wall Street stocks … Read more
[ad_1] Last Updated: June 03, 2023, 02:41 IST New York, United States of America (USA) The tech-rich Nasdaq Composite Index rose 1.1 percent to finish the week on a new 13-month high of 13,240.77. The passage of a debt limit deal through both houses of Congress appears to have eased market fears Wall Street stocks … Read more
[ad_1] Last Updated: May 31, 2023, 02:48 IST New York, United States of America (USA) The broad-based S&P 500 was flat at 4,205.52, while the tech-rich Nasdaq Composite Index gained 0.3 percent to 13,017.43. After rallying Friday in anticipation of an agreement, markets were muted as far-right Republicans in the House came out against the … Read more
[ad_1] Last Updated: May 26, 2023, 23:53 IST New York, United States of America (USA) On Thursday US President Joe Biden expressed confidence about the talks, saying there will be no default and that recent talks had been productive.U.S. President Joe Biden and top congressional Republican Kevin McCarthy appeared to be closing in on an … Read more
[ad_1] Last Updated: May 19, 2023, 23:46 IST Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, March 22, 2023, in Washington. (AP Photo) All three major U.S. stock indexes turned red as Powell said the central bank has not made any decisions about whether rates are “sufficiently … Read more
[ad_1] Last Updated: May 13, 2023, 02:19 IST The broad-based S&P 500 shed 0.2 percent to 4,124.08, while the tech-rich Nasdaq Composite Index declined 0.4 percent to 12,284.74. The White House said Thursday that negotiations between President Joe Biden and Republican congressional leaders would be postponed until early next week Wall Street stocks retreated Friday … Read more
[ad_1] Last Updated: April 25, 2023, 01:14 IST European stocks closed essentially unchanged ahead of potentially market-moving earnings reports, which include a stream of European banks aside from U.S. megacaps.(Representative image) Earnings this week include a spate of potential market movers, including tech and tech-adjacent Alphabet Inc, Microsoft Corp, Meta Platforms Inc and Amazon.com Wall … Read more