[ad_1] Oil prices dropped by over $1 per barrel on Monday following statements from Israeli officials who expressed a desire to prevent a full-scale conflict in the Middle East while addressing a lethal rocket attack in the Israeli-occupied Golan Heights over the weekend. By 11:17 a.m. EDT (1517 GMT), Brent futures for September delivery had…
[ad_1] US stocks edged higher on Monday, ahead of a Federal Reserve interest rate decision and Big Tech earnings. At the opening bell, the Dow Jones Industrial Average rose 76.37 points, or 0.19%, to 40,665.71. The S&P 500 was higher by 17.45 points, or 0.32%, at 5,476.55, while the Nasdaq Composite gained 86.51 points, or…
[ad_1] Next week, the focus of Wall Street investors will be on the US Federal Reserveâs monetary policy decision and Chair Jerome Powellâs press conference. The central bank is widely expected to hold the interest rate steady. Among the earnings, the four companies from the âMagnificent 7â — Microsoft, Meta Platforms, Apple, and Amazon —…
[ad_1] Oil prices declined on Monday following President Joe Biden’s announcement that he would not pursue a second term, while investors speculated about potential U.S. interest rate cuts as early as September. By 1327 GMT, Brent crude futures had decreased by 68 cents, or 0.82%, to $81.95 per barrel. U.S. West Texas Intermediate crude futures…
[ad_1] The Nasdaq and the S&P 500 rebounded on Thursday, as megacap and chip stocks regained ground. At the opening bell, the Dow Jones Industrial Average fell 41.52 points, or 0.10%, to 41,156.56. The S&P 500 was higher by 20.29 points, or 0.36%, at 5,608.56, while the Nasdaq Composite gained 122.23 points, or 0.68%, to…
[ad_1] Wall Street: US stock indices declined on Wednesday, with major chip and tech stocks leading the fall. At the opening bell, the Dow Jones Industrial Average fell 91.91 points, or 0.22%, to 40,862.57. The S&P 500 was lower by 57.13 points, or 1.01%, at 5,610.07, while the Nasdaq Composite dropped 321.15 points, or 1.74%,…
[ad_1] In the week ahead on Wall Street, all eyes will be on the US Federal Reserve for its second monetary policy decision of this year. it is widely expected that the central bank would keep interest rates unchanged. Investors will also keenly watch comments from Fed Chair Jerome Powell during his press conference on…
